Tag: Brazil strike

• Saturday, June 9th 2018 - 08:29 UTC

  Brazilian consumer prices climb 0.4% in May; impact of truckers strike and fuel prices expected in June

  

  Brazil's 12-month inflation accelerated in May from April amid strong fuel prices. Consumer prices rose 0.40% in the month, compared with an increase of 0.22% in April, statistics agency IBGE said on Friday. The consumer price index advanced 2.86% in May from a year earlier, up from April's 2.76% pace.

• Wednesday, May 30th 2018 - 09:39 UTC

  Brazilian military “not worried”, with strikers; protests are protected by the Constitution

  

  Brazil's Minister of Institutional Security Sergio Etchegoyen on Tuesday rejected calls to deploy military troops to break up protracted nationwide protests against fuel price hikes. Etchegoyen, a general appointed by President Michel Temer, said such a heavy-handed response was outdated.

• Tuesday, May 29th 2018 - 08:48 UTC

  Brazilian cocktail: Wall Street, oil prices, truckers strike and a weak government

  

  A nationwide protest by Brazilian truckers was slow to unwind on Monday, even after the week-long demonstrations against diesel price hikes got the government to cave to their demands, causing stocks and the currency to slide.