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...

  • FILE PHOTO - U.S. one dollar bills blow near the Andalusian capital of Seville  in this photo illustration taken on November 16, 2014. REUTERS/Marcelo Del Pozo

    OECD sees gradual world recovery, urges ECB to do more

    By Ingrid Melander, Reuters

    PARIS (Reuters) - The global economy will gradually improve over the next two years but Japan will grow less than previously expected while the euro zone struggles with stagnation and an increased...

  • FILE PHOTO - U.S. one dollar bills blow near the Andalusian capital of Seville  in this photo illustration taken on November 16, 2014. REUTERS/Marcelo Del Pozo

    OECD sees gradual world recovery, urges ECB to do more

    By Ingrid Melander, Reuters

    PARIS (Reuters) - The global economy will gradually improve over the next two years but Japan will grow less than previously expected while the euro zone struggles with stagnation and an increased...

  • Two blasts hit Kabul, seven Afghan soldiers wounded

    By Mirwais Harooni, Reuters

    KABUL (Reuters) - Two explosions shook the Afghan capital on Tuesday, leaving seven army officers wounded after a bomb attack on their bus, while a grenade blast in the diplomatic quarter caused no...

  • Chinese President Xi Jinping delivers his speech during the 20th anniversary of the city's handover from British to Chinese rule, in Hong Kong, China, July 1, 2017. REUTERS/Bobby Yip

    Gap in China-Hong Kong trade numbers narrows, but still high

    By Reuters

    The shortfall between the two shrank from September, the year's peak, but remains well above the average gap for this year, data shows. Hong Kong's annual imports from China in October rose 4.4...

  • Ukraine's Finance Minister Natalia Yaresko reacts at a news conference in Kiev February 25, 2015.  REUTERS/Valentyn Ogirenko

    Crimeans should pay back loans to Ukrainian banks: Russia

    By Reuters

    Reuters reported last week that thousands of Crimeans were not paying their debts to Ukrainian banks, with many taking their cue from Russian President Vladimir Putin who in April told one resident...