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Stock impact report

Truck drivers' strike paralyzes Brazil [Los Angeles Times (CA)]

Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (PBR.A) 
US:NYSE Investor Relations: investidorpetrobras.com.br/en
Truck drivers' strike paralyzes Brazil Thousands of Brazilian truckers angry over fuel price hikes blocked roads Friday, the fifth day of a strike that led thousands of schools to close, long lines to form at gas stations and several flights to be canceled. The strike continued despite a deal reached late Thursday between the government and several unions that represent truckers. The parked long-haul trucks have had a domino effect across Brazil this week as gas stations received sporadic shipments of fuel and supermarkets proved unable to stock shelves. Public schools and universities in several cities announced the cancellation of classes Friday, and the international airport in the capital of Brasilia announced that nine flights were canceled, including an American Airlines flight from Miami. Brasilia, which is in the middle of the country, has been particularly hard hit because it gets fuel from trucks coming from Brazilian coasts. The government and several unions that represent Show less Read more
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