Brazil Recovers From Strike But Investors, Consumers on Edge
- Effects of massive trucker strike will take days to clear
- Unclear whether other strikes and social unrest will follow
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Food and fuel supplies have increased in major Brazilian cities after a 10-day truckers’ strike paralyzed the country, but shortages and distrust will continue for some time.
In the capital Brasilia, the local government said it had fully restored the supply of automotive fuels. Yet lines continued to form at gas stations on Friday, as pent-up demand and hoarding by consumers lead stocks to deplete quickly. Fuel costs are higher than they were before the strike started May 21 and some local gas station owners were fined for abusive pricing.