Brasília / AFP Suspended president Dilma Rousseff arrived on Monday at Brazil’s Senate for a dramatic finale to an impeachment trial likely ending 13 years of leftist rule in Latin America’s biggest country. Rousseff, 68, was greeted by cheering supporters as she arrived in the Senate to testify for the first time in her defense, just hours before senators were …

  Bogota / AFP Colombia on Monday began its first day of peace with the country’s largest insurgency after a ceasefire between the FARC and the government went into effect, ending 52 years of warfare. The full ceasefire ordered by President Juan Manuel Santos and the head of the Revolutionary Armed Forces of Colombia (FARC), Timoleon Jimenez, began at midnight Sunday …

  Economists too often talk about policy changes in abstract, ignoring the drawbacks that even sensible reforms can bring. For years, analysts have been urging China to shift its economy away from heavy industry and toward services and consumption. Yet now that Beijing is taking heed, the costs are piling up. Most obvious is a deepening gulf between winners and …