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...

  • Masked police stand on top of their vehicle on the Champs Elysees Avenue after two policemen were killed and another wounded in a shooting incident in Paris, France, April 20, 2017. REUTERS/Christian Hartmann

    Why France Failed to Prevent the Charlie Hebdo Massacre

    The attacks that rocked Paris over the past several days revealed how lax the French law enforcement apparatus was prior to the attacks. The three men involved in the attacks were all well-known to...

  • A man changes the price for a gallon of gasoline at a gas station in Medford, Massachusetts December 4, 2014.   REUTERS/Brian Snyder

    These Five Issues Will Impact Oil Prices in 2015

    By Nick Cunningham, Oilprice.com

    As we ring in the New Year, let’s take stock of where we are at with the oil markets. 2014 proved to be a momentous one for the oil markets, having seen prices cut in half in just six months. The big...

  • With Oil Down, Investors Cautious as New Year Starts

    By Kate Gibson, CNBC

    The start of a new year had Wall Street treading carefully, with investors looking for further gains in the U.S. labor market in beginning 2015's first full week of trading. "The biggest number of...

  • North Korea Gets Hit with More Sanctions After Sony Hack

    By Julia Edwards and Jason Lange, Reuters

    North Korea was hit with more sanctions on Friday designed to impede access to the U.S. financial system in the wake of a cyberattack on Sony Pictures Entertainment, which the Obama administration...

  • U.S. Troops Teeter on Edge of Iraq-ISIS Battles

    By Missy Ryan and Erin Cunningham, The Washington Post

    In Iraq’s western Anbar province, more than 300 U.S. troops are posted at a base in the thick of a pitched battle between Iraqi forces, backed by tribal fighters, and well-armed Islamic State...