Brazilian Senators approved a constitutional amendment to limit public spending for 20 years, prompting demonstrations in numerous states.
It is billed as Greece’s “final exit” from its almost decade-long financial crisis.
Just 6 months ago, the US Navy acquired the world’s most technologically advanced destroyer.
The EU has warned eight eurozone countries that their spending plans for next year risk breaking the bloc’s spending rules.
Portugal's Socialist minority government has unveiled a 2017 budget intended to reduce the deficit, but also roll back some austerity measures.