Global Economy
  • Senator Ben Cardin (D-MD) arrives at Democratic Party caucus meeting on Capitol Hill in Washington, U.S., January 19, 2018. REUTERS/Yuri Gripas/ File Photo

    Factbox: What happens in a U.S. government shutdown?

    By Richard Cowan and Susan Cornwell and Amanda Becker and Richard Cowan and Susan Cornwell and Amanda Becker, Reuters

    In shutdowns, nonessential government employees are furloughed, or placed on temporary unpaid leave. Workers deemed essential, including those dealing with public safety and national security, keep...

  • FILE PHOTO: Senator John Barrasso (R-WY) speaks during a press conference on Capitol Hill in Washington, U.S., September 12, 2017.   REUTERS/Joshua Roberts

    No Talk of Ousting Speaker Ryan, Key Conservative Says

    By Reuters

    Many Republicans are unhappy with the deal President Donald Trump reached last week with Democratic leaders to raise the government's debt ceiling and allow it to continue financing federal spending...

  • Venezuela's President Nicolas Maduro waves during a pro-government rally with workers of state-run oil company PDVSA, in Barcelona

    The Crisis in Venezuela Could Send Oil Prices Soaring

    By Nick Cunningham, Oilprice.com

    Venezuela’s deteriorating crisis is “going to be the biggest geopolitical story to watch in the oil markets," according to Helima Croft of RBC Capital Markets. The economic, political and security...

  • FILE PHOTO: Arellano, deputy of the Venezuelan coalition of opposition parties (MUD), clashes with national guards during a rally against Venezuela's President Nicolas Maduro's government in Caracas

    The Risk That Could Drive Oil Prices Higher in a Hurry

    By Nick Cunningham, Oilprice.com

    The latest rally in oil prices ran up against a wall yet again, and the same fears about oversupply have not receded in the slightest. The expectation from most oil analysts is that there is very...

  • Emmanuel Macron, head of the political movement 'En Marche!', or 'Onwards!', and candidate for the 2017 presidential election, delivers a speech as he attends a meeting for Women's day in Paris, France

    France Just Made a Big Move Toward a Green Energy Future

    By Bate Felix and Simon Carraud, Reuters

    France aims to end the sale of gasoline and diesel vehicles by 2040 and become carbon neutral 10 years later, Ecology Minister Nicolas Hulot said on Thursday at a presentation of measures to keep up...

  • Acknowledging defeat, Ukraine pulls troops from Crimea

    Acknowledging defeat, Ukraine pulls troops from Crimea

    By Aleksandar Vasovic and Gabriela Baczynska, Reuters

    FEODOSIA/SIMFEROPOL, Ukraine (Reuters) - Ukrainian troops and their families began evacuating from Crimea on Monday, as Kiev effectively acknowledged defeat by Russian forces who stormed one of the...

  • Opponents resume protests as Thai PM risks impeachment

    Opponents resume protests as Thai PM risks impeachment

    By Amy Sawitta Lefevre, Reuters

    BANGKOK (Reuters) - Anti-government demonstrators in Thailand resumed street protests on Monday after lying low for weeks, piling pressure on increasingly beleaguered Prime Minister Yingluck...

  • Despite U.N. resolution, Syria's war foes hinder aid access: Ban

    Despite U.N. resolution, Syria's war foes hinder aid access: Ban

    By Michelle Nichols, Reuters

    UNITED NATIONS (Reuters) - The United Nations accused Syria's government and rebels of hindering aid access, suggesting both sides could be violating U.N. Security Council demands that emergency...

  • Turkey shoots down Syrian plane it says violated air space

    By Daren Butler, Reuters

    ISTANBUL (Reuters) - Turkish armed forces shot down a Syrian plane on Sunday that Ankara said had crossed into its air space in an area where Syrian rebels have been battling President Bashar al-...

  • Vital Houston oil tanker routes shut amid spill cleanup

    Vital Houston oil tanker routes shut amid spill cleanup

    By Terry Wade, Reuters

    TEXAS CITY, Texas (Reuters) - The closure of major Texas shipping channels that deliver crude to more than a tenth of the nation's refining capacity was set to run into a third day and could continue...