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Yuan devaluation to Colombia peace deal: Top 5 global developments of 2016

While Brexit and Trump's win went against the popular mood, victories against ISIS were welcome news

Donald Trump, Euro, Eurozone
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Illustration by Ajay Mohanty

Aditya Laxman Jakki New Delhi
The world witnessed several surprise socio-economic and political incidents throughout 2016, such as Bob Dylan's getting the Literature Nobel and Donald Trump's victory in the US presidential election. Major victories against the Islamic State by Iraqi and Syrian troops, with US and Russian assistance, on the other hand, made for welcome news, while winning the UEFA European Championship 2016 was a dream come true for Portugal and fans of Christiano Ronaldo. Business Standard brings you the top five global developments during 2016:

Yuan devaluation and Chinese Forex reduction:

Soon after the US Federal Reserve's announcement of a 25

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