Bank Workers in Brazil Enter Second Week of Strike

The bank worker strike which began eight days ago looks like it will continue. It is estimated that 200,000 bank employees have crossed their arms in around 130 cities throughout the country.

Yesterday. an attempt to resolve the impasse failed when management presented the same proposal the workers rejected at the beginning of the strike and the workers rejected it again. At the moment, no new round of negotiations is scheduled to take place.

“Bank workers are strongly organized nationwide. They work in the country’s most profitable sector, which charges stratospheric interest rates and could easily meet the worker’s demands,” complains Wagner Freitas, a union leader.


On September 19, bank workers in Brasí­lia met in a general assembly and voted to continue their strike which began on last week’s Wednesday.


The striking bank workers decided that they would have more pickets in front of the main offices of the countries biggest bank, the state-run Banco do Brasil, as well as the private-sector giants, Bradesco and Itaú. They have also scheduled marches at various locations.

The president of the bank workers union in Brasilia, Jacy Afonso, made it clear at the general assembly that the pickets must not interfere with client access to the banks. Court injunctions have already been issued ordering the union to allow clients to enter the banks.

It is reported that in Brasí­lia 95% of the branches of the Caixa Econômica Federal (also state-run) and Banco do Brasil only have ATMs working for clients.

The striking bank workers are demanding salary adjustments to cover losses due to inflation, plus a real increase of 17.68%, along with a share of bank profits.

Agência Brasil

Tags:

You May Also Like

Brazil Ethanol Has Become too Expensive to Compete with Gasoline

Brazil’s Única, the sugarcane grower and mill owner association, tells us that over the ...

Wall Street and Low Inflation Give Brazil a Boost

Latin American stocks were mostly higher, with Brazilian and Mexican stocks posting robust gains, ...

World Economic Forum Holds Meeting on LatAm in Brazil

The World Economic Forum (WEF) is going to hold for the first time a ...

Bank of America Forecasting 1.3% Growth for Brazil This Year

The economies of Latin America are forecasted to expand 0.7% this year, well below ...

Brazilian Dream: College for All

An alert from Brazil’s Minister of Education, Cristovam Buarque: the current social remoteness of ...

76% of New Industrial Jobs in Brazil Are in the Interior

Industrial employment is moving to the interior of Brazil. In the last five years, ...

Sky’s Not Falling over Mercosur, Says Brazilian Minister

Following his encounter with the Uruguayan Foreign Minister, Reinaldo Gargano, the Brazilian Minister of ...

In Brazil, Sterilization Is the Best Pill

Registered sterilizations in the central-west of Brazil, the country’s new agriculture frontier, reach 59 ...

Despite Foot and Mouth, Brazil’s Beef Exports Break Record

Brazilian cattle beef exports were record last year, both in terms of revenues and ...

In Visit to Cuba Brazil President Lambastes Obama for Embargo and for Keeping Guantanamo Open

Brazilian president Dilma Rousseff, a communist guerrilla in her youth, who is visiting Havana ...