BRAZIL’S LONGEST EVER banking strike came to an end last month, four weeks after it commenced, as workers heeded their union bosses’ call to return to their jobs. Nearly half of the country’s 400,000 bank employees had walked off the job on September 15, when Brazil’s banks refused to give them a 25% salary increase.
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Latest articles from Brazil
Inflationary years leave financial players fitter
October 4, 2004Paulo Miron, Sergio Rogante and Graham Nye of PricewaterhouseCoopers review the effects of inflation on Brazil’s banking sector.
Can-do attitude
June 2, 2004Luiz Fernando Furlan, Brazil’s minister of state for development, industry and foreign trade, tells Brian Caplen that his country’s approach to trade is positive.
Lending, a helping hand
April 5, 2004With interest rates falling, Brazil’s banks are losing the drip feed that is government debt and are looking to increase lending and fees. Bill Hieronymus reports from Săo Paulo.
Banking for the bankless
April 5, 2004Young Argentines who sold a small internet site to Banco Santander for millions of dollars at the height of the internet bubble are jumping into Brazilian banking to compete with the region’s largest financial institutions.
Past lessons learnt, hope for the future
January 5, 2004
Henrique de Campos Meirelles assesses the achievements of the Lula administration in leading Brazil out of crisis.
Brazil is living through a time of hope, in which it is re-discussing its past and its present in order to create a new future. Today, it is clear that this new future may be quite different and much better than the one envisaged at the beginning of 2003.