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Debilitated Brazilian government challenged with an oil-workers 72-hour strike

Thursday, May 31st 2018 - 08:27 UTC
Full article 3 comments

Brazilian oil workers began a 72-hour strike on Wednesday in a new blow to President Michel Temer following a nationwide trucker protest that has strangled Latin America's largest economy for over a week. The strike affecting several rigs, refineries, plants and ports is the latest challenge for state-led oil firm Petrobras, whose shares have tumbled nearly 30% in two weeks over fears that political interference would unwind more investor-focused policies. Read full article

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