Here are the four things from the U.S. and around the world that made the list for best and worst news of 2016 for CATO economist Daniel Mitchell.
Brazil has actually amended its constitution to impose a spending cap, a remarkable development showing politicians are willing to tie their own hands.
The Brazilian Senate after a session that lasted more than 20 hours voted 55 to 22 to impeach the country’s far left-wing president, Dilma Rousseff.
The lower house in Brazil voted late Sunday to impeach President Dilma Rousseff, a major blow to the left-wing leader of Latin America’s largest nation.
Brazil and its economy are now suffering from the big government, socialist policies of President Dilma Rousseff and data show it’s going to get worse.