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...

  • Seized oil tanker Morning Glory arrives in Libyan capital

    Seized oil tanker Morning Glory arrives in Libyan capital

    By Hani Amera, Reuters

    ON BOARD THE MORNING GLORY, Libya (Reuters) - A commercial oil tanker seized by U.S. forces after it loaded crude at a Libya port held by anti-government rebels has docked back in the capital Tripoli...

  • Thai 'red shirts' take up fight to defend PM

    Thai 'red shirts' take up fight to defend PM

    By Alan Raybould and Amy Sawitta Lefevre, Reuters

    BANGKOK (Reuters) - Supporters of Thai Prime Minister Yingluck Shinawatra say they will take to the streets as moves to impeach her gather pace, raising the specter of confrontation with protesters...

  • U.S. regulators failed to spot deadly GM defects that others saw

    U.S. regulators failed to spot deadly GM defects that others saw

    By Julia Edwards and Eric Beech and Karl Plume, Reuters

    WASHINGTON/CHICAGO (Reuters) - Retired Wisconsin state trooper Keith Young and his wife were sitting at the kitchen table last month when a story on the evening news jarred them: General Motors Co...

  • NSA infiltrates servers of China telecom giant Huawei: report

    NSA infiltrates servers of China telecom giant Huawei: report

    By Reuters

    WASHINGTON (Reuters) - The U.S. National Security Agency has infiltrated servers in the headquarters of Chinese telecommunications and internet giant Huawei Technologies Co, obtaining sensitive...

  • Guinea confirms fever is Ebola, has killed up to 59

    By Saliou Samb, Reuters

    CONAKRY (Reuters) - Guinea has received confirmation that a mysterious disease that has killed up to 59 people in the West African country, and may have spread to neighboring Sierra Leone, is the...