Britain’s Hammond says no-deal Brexit would harm its people

Britain’s finance minister Philip Hammond said it would be against British people’s interests to leave the European Union without an exit deal, but declined to say how the government would respond if parliament refused to back its Brexit plans.

New Brazil government riven by divisions, policy confusion

Brazil’s new far-right President Jair Bolsonaro has stumbled out of the gate with infighting, policy flip-flops and confusion in his one-week-old government, raising concern among investors about his ability to carry out pressing fiscal reforms.