World's Commodity Superpower Exports Threatened by Truck Strike
Brazil’s truckers are in the fourth day of a strike that’s wreaking havoc on the economy, affecting everything from sugar mill operations to mail delivery. The truckers are striking to protest fuel prices that have increased by about 50 percent from a year ago. Petrobras announced a 10 percent cut in wholesale diesel prices late Wednesday to help the government negotiate an end to the strike.