Tag: truckers’ strike

RIO DE JANEIRO, BRAZIL - In the midst of the truckers' strike, a video went viral on social networks showing two drivers in Brasilia celebrating an alleged state of siege that supposedly had been decreed by President Jair Bolsonaro....
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Petrobras CEO Roberto Castello Branco announced an increase of R$0.10 per liter of diesel at refineries. The 4.84 percent increase is lower than the 5.7 percent the company announced and...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The GDP growth for Brazil in 2018 was disappointing, increasing by only by 1.1 percent compared to 2017, according to Brazil’s Institute of Geography and Statistics (IBGE). For stronger...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazil’s official inflation for 2018 closed at 3.75 percent for the year, according to the Brazilian Institute of Geography and Statistics (IBGE). According to the entity one of the...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – After a year of political and economic uncertainties in Brazil, the stock market and the dollar closed 2018 with appreciation. The U.S. dollar closed 2018 at R$3.876/US$1, with an...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Overcoming the negative effects caused by the eleven-day truckers strike in May, Brazil’s industrial production registered a growth of 13.1 percent in June according to data from the Monthly...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazil’s Supreme Court has given the government of President Michel Temer until Friday to explain a recent resolution which establishes a new minimum freight rate. The resolution has received...

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