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...

  • Fugitive Yanukovich urges Russia's Putin to take firm line over Ukraine

    By Denis Pinchuk, Reuters

    ROSTOV-ON-DON, Russia (Reuters) - Viktor Yanukovich urged Russian President Vladimir Putin to take a bolder line with Ukraine's new rulers who had ousted him, telling him on Friday that Russia could...

  • In slight to Hollande, Berlin fetes Sarkozy

    In slight to Hollande, Berlin fetes Sarkozy

    By Noah Barkin, Reuters

    BERLIN (Reuters) - In his first major speech since losing the French presidency in 2012, Nicolas Sarkozy weighed in on euro zone integration, the Ukraine conflict and the risks of weak leadership in...

  • Mt Gox: The brief reign of bitcoin's top exchange

    Mt Gox: The brief reign of bitcoin's top exchange

    By Brett Wolf and Emily Flitter, Reuters

    (Reuters) - The collapse of Mt. Gox might appear sudden, but bitcoin insiders say its downfall began nearly a year ago as the virtual currency exchange tangled with regulators, split from former...

  • France striving to stop Central African Republic split, Hollande says

    France striving to stop Central African Republic split, Hollande says

    By Serge Leger Kokpakpa, Reuters

    BANGUI (Reuters) - President Francois Hollande flew to Central African Republic on Friday to tell its leaders and French forces stationed there that France will work to stop the country splitting in...

  • Jailed Venezuela protest leader mocks Maduro's talks

    Jailed Venezuela protest leader mocks Maduro's talks

    By Andrew Cawthorne and Daniel Wallis, Reuters

    CARACAS (Reuters) - Jailed Venezuelan protest leader Leopoldo Lopez scoffed on Friday at President Nicolas Maduro's efforts to open talks with opponents and businessman after a month of...