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...

  • Handguns are seen for sale in a display case at Metro Shooting Supplies in Bridgeton, Missouri, November 13, 2014. REUTERS/Jim Young

    Lawyers descend on Ferguson ahead of grand jury decision

    By Daniel Wallis and Tim Reid, Reuters

    FERGUSON Mo (Reuters) - Hundreds of civil rights lawyers from across America are descending on Ferguson, Missouri as police and protesters prepare for a grand jury decision on whether to charge the...

  • People are silhouetted as they pose with mobile devices in front of a screen projected with a Youtube logo, in this picture illustration taken in Zenica October 29, 2014.     REUTERS/Dado Ruvic

    European Parliament may propose Google break-up in draft resolution

    By Alexei Oreskovic and Julia Fioretti and Alastair Macdonald, Reuters

    (Reuters) - The European Parliament is preparing a non-binding resolution that proposes splitting Google Inc's search engine operations in Europe from the rest of its business as one possible option...

  • Speaker of the House John Boehner (R-OH) denounces the executive order on immigration made by U.S. President Barack Obama during a statement on Capitol Hill in Washington November 21, 2014. REUTERS/Joshua Roberts

    Mexico, Central America hail Obama's immigration reform

    By Steve Holland and Julia Edwards, Reuters

    Obama's plan, unveiled on Thursday, eases the threat of deportation for some 4.7 million immigrants who are in the United States without legal documents. "This is an act of justice which recognizes...

  • Speaker of the House John Boehner (R-OH) denounces the executive order on immigration made by U.S. President Barack Obama during a statement on Capitol Hill in Washington November 21, 2014. REUTERS/Joshua Roberts

    Obama seeks support for immigration plan, blasts Boehner

    By Steve Holland and David Lawder, Reuters

    LAS VEGAS (Reuters) - President Barack Obama defended his decision to bypass Congress and overhaul U.S. immigration policy on his own on Friday, saying he was forced to act because House of...

  • Handguns are seen for sale in a display case at Metro Shooting Supplies in Bridgeton, Missouri, November 13, 2014. REUTERS/Jim Young

    Officials make preparations for Ferguson grand jury decision

    By Daniel Wallis and Daniel Wallis, Reuters

    FERGUSON Mo. (Reuters) - Prosecutors made preparations to announce the eventual decision by a grand jury on whether to charge a white police officer who shot dead an unarmed black teenager and some...