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Environment

Brazilians Cancel Vacation Plans As 50 Million Metric Tons Of "Noxious Mud" Turns Ocean Brown

2015 was not kind to Brazil. 

In addition to a seemingly intractable political crisis that has rendered Congress effectively useless when it comes to passing legislation aimed at shoring up an increasingly precarious fiscal situation, the country is also mired in what might as well be a depression. 

Inflation is running in the double-digits, unemployment is soaring, and output has collapsed in the face of an epic downturn in commodity prices, slowing demand from China, and a yuan deval that drove a stake through the heart of the already beleaguered emerging world. 

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