- Brazil's Pres. Temer has ordered the army to clear highways clogged by the continuing truckers strike that has disrupted food and fuel supplies throughout the country.
- The government announced last night that it had reached a 15-day truce with the truckers in exchange for the elimination of a federal fuel tax and a diesel price freeze for at least 30 days, but Temer said a "radical minority" of truckers had not returned to work, prompting his decision.
- No trucks reportedly have been able to enter the Santos port, halting soy exports, meat group ABPA said 152 poultry and pork processing plants had indefinitely suspended production, and gas stations ran out of fuel across the country.
- Among major Brazilian shares in U.S. trading: CIG -3.8%, VALE -3%, BBD -2.9%, ITUB -1.9%, BSBR -1.7%, EBR -1.6%, PBR -1.4%, VIV -0.5%.
- ETFs: EWZ, BRZU, BRF, EWZS, BZQ, BRAQ, UBR, BRAZ, DBBR, FBZ
- Now read: 64 WallStar Utilities Stocks Per Broker May Targets
Original article