[uam_ad id="317182"]

By Brennan Stark, Contributing Reporter

RIO DE JANEIRO, BRAZIL - Banks across Brazil are on strike after the union representing bank workers rejected the National Federation of Banks' (Fenaban's) offer of an eight percent salary increase on Monday, well below the 12.8 percent raise that had been requested earlier. The indefinite strike and shutdown will include both public and private banks.

The nationwide strike began on Tuesday in an effort to pressure Fenaban to resume negotiations and meet the Brazilian . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?