Insights and Stories on Brazil

Mar. 3, 2015 at 6:15 pm CST

Sao Paulo | Reuters –– Only a handful of roads remained blocked in Brazil on Tuesday as truck drivers focused their grievances on Brasilia and a key highway in top soy state Mato Grosso opened after two weeks of protests. There were seven protests over rising freight costs affecting federal […]

By Caroline Stauffer, Gustavo Bonato

Mar. 2, 2015 at 5:34 pm CST

Sao Paulo | Reuters — Potash Corporation of Saskatchewan, the world’s largest fertilizer company by market value, agreed on Monday to pay about $69.8 million for a 9.5 per cent stake in Brazilian rival Fertilizantes Heringer SA, the latest effort by PotashCorp to grow in Latin America’s largest economy. The […]

By Ashutosh Pandey, Guillermo Parra-Bernal

Mar. 2, 2015 at 5:00 pm CST

Sao Paulo | Reuters — Striking truck drivers resumed some roadblocks in Brazil on Monday, disrupting grain and meat shipments to southern ports even as the government cracked down on protesters and promised to give new benefits to the transport sector. By mid-afternoon there were 23 road blockages in three […]

By Caroline Stauffer, Marcelo Teixeira

Feb. 28, 2015 at 9:45 am CST

Sao Paulo | Reuters — Striking truckers lifted their blockade of dozens of highways in Brazil after police began fining and arresting protesters, though strike organizers said they had no plans to end their stoppage now in its 10th day. Road blockages were reported at 61 locations in six states […]

By Reuters

Feb. 26, 2015 at 3:50 pm CST

Brasilia | Reuters –– Brazil’s Justice Minister Jose Eduardo Cardozo said Thursday the government would impose fines of between 5,000 and 10,000 reais (C$2,167 to $4,334) per hour on striking truckers who have blocked roads in key agricultural states for nine days. The planned fines come a day after the […]

By Reuters