A nationwide trucking strike in Brazil entered day six on Saturday, as blocked roads have prevented critical food and supplies from reaching their destinations. The protests, triggered by a 50% spike in fuel prices over the last year, have resulted in the declaration of a state of emergency across most major cities as shelves run bare and fuel supplies dwindle. Airports have reported running out of... 

Official figures show inflation in Brazil last year hit the highest level since 2002. Official figures show that Brazil’s inflation hit the highest level in 13 years in 2015 over what many believe has been a result of economic mismanagement that has been worsened by a political crisis in Latin America’s biggest economy. The government announced on Friday that annual inflation reached 10.67... 

The Brazilian government has announced plans for $7 billion in spending cuts and $8 billion in additional taxes aimed at plugging the hole in the country’s 2016 budget. The austerity package is designed to balance the harsh economic downturn of the seventh-largest economy, whose sovereign credit rating was cut to ‘junk’ status last week. The measures are going to freeze public sector salaries,... 

A demonstrator clashes with military police officers during a protest in Brazil’s capital city of Brasilia on April 7, 2015. Thousands of workers have staged rallies across a dozen cities in Brazil to protest against a proposed law that would allow companies to outsource jobs. The Tuesday rallies were organized by the Central Workers Union (CTB), Brazil’s largest labor union umbrella organization,... 

Over 1000 troops have been deployed in Rio de Janeiro ahead of a major oil rights auction. The move to partially sell off Brazil’s most promising oil reserves has been met with opposition, triggering mass strikes and disruption to oil production. A spokesperson from the Brazilian army said that around 1,100 troops are being deployed around the Hotel Windsor in West Rio where the auction will be...