The European Union is postponing the signing of a free trade deal with four Mercosur countries until January, an EU official said on Thursday. The agreement between the EU and Brazil, Argentina, Uruguay and Paraguay, which has been in the making for over 25 years, was scheduled to be signed at a summit in Brazil on Saturday.

We saw quite a few milestones notched in the final frontier this year. But there were a number of failures as well, some of them quite dramatic.

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