By Lise Alves, Senior Contributing Reporter
SÃO PAULO, BRAZIL – After a hectic morning rush hour in São Paulo city, due to the partial strike by metro employees, a city court granted an injunction suspending the bidding and privatization auction two metro lines. The privatization, scheduled for this Friday, January 19th, was the reason for the 24-hour walkout.
"Basically, it can be said that this is a privatization funded with public resources. Irony to those conventional economists who defend the privatization of Brazilian state-owned enterprises as one of the main topics of economic-fiscal policy of austerity . . .