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...

  • Beauty queen the latest victim in Venezuela unrest

    Beauty queen the latest victim in Venezuela unrest

    By Tomas Sarmiento and Diego Ore, Reuters

    CARACAS (Reuters) - A local beauty queen died of a gunshot wound on Wednesday, the fifth fatality from Venezuela's political unrest, as imprisoned protest leader Leopoldo Lopez urged supporters to...

  • UK's Cameron tells Ukraine to pull back government forces

    By Reuters

    LONDON (Reuters) - British Prime Minister David Cameron on Wednesday called on the Ukrainian authorities to pull back security forces surrounding protesters in Kiev, telling Ukrainian President...

  • French, German, Polish ministers to visit Ukraine Thursday

    By Reuters

    PARIS (Reuters) - The foreign ministers of France, Germany and Poland will travel to Kiev on Thursday to assess the situation before a meeting in Brussels to decide whether to impose EU sanctions on...

  • Pratt, GE battle over billions in jet engine orders

    Pratt, GE battle over billions in jet engine orders

    By Lewis Krauskopf, Reuters

    NEW YORK (Reuters) - As the next generation of narrow-body airplanes takes to the skies later this year, makers of the new fuel-efficient engines that power them are battling for market share. Orders...

  • World powers and Iran make 'good start' towards nuclear accord

    World powers and Iran make 'good start' towards nuclear accord

    By Justyna Pawlak and Fredrik Dahl, Reuters

    VIENNA (Reuters) - Six world powers and Iran made a "good start" in talks in Vienna towards reaching a final settlement in the decade-old stand-off over Tehran's nuclear program, but conceded their...