Soaring fuel prices cause social unrest in South America

Higher Fuel Prices Cause South American Social Unrest, #Higher #Fuels #Prices #Sparks #Social #Uneasiness #South #Welcome to America OLASMEDIA TV NEWSThis is what we have for you today:

Buenos Aires, Argentina (AP) —Argentine police blocked the main entrance to the center of the capital on Tuesday, preventing a group of truck drivers from participating in downtown protests and anger over rising traffic congestion in Buenos Aires In addition to the series of turmoil caused by the shortage of prices and fuel throughout South America, mainly as a result of the Russian war in Argentina.

When a truck driver travels to the Argentine capital to protest the diesel shortage and price that has been going on for weeks, the car will be several kilometers (miles) until the truck driver agrees to open the lane to normal traffic. ) It was backed up.

Argentina is just one of several South American countries that has seen a reaction from rising fuel prices, primarily as a result of Russia’s war in Ukraine.

In Peru, truck drivers launched an indefinite strike on Monday to protest rising fuel prices, but in Ecuador, at least five people were killed during more than two weeks of indigenous-led protests. I did. price.

The response to rising prices has also hit executives. In Brazil, the CEO of state-owned oil giant Petrobras resigned last week under political pressure from price restraints.

Drivers around the world are suffering from pumps as gasoline and diesel prices are skyrocketing due to Russia’s invasion of Ukraine and the recovery of the global economy from the COVID-19 pandemic.

The pain is turning into social unrest in some Latin American countries, and accelerated inflation is itself underpinned by rising energy prices, with many in one of the world’s most unequal regions. It makes it difficult to achieve the purpose.

Truck drivers protesting in Argentina are also demanding higher rates to transport grain.

Truck drivers have been protesting for weeks due to lack of diesel at gas stations across the country, and the failure to enter the capital was part of an effort to draw the attention of President Alberto Fernandez’s government. ..

“They are giving us 60 liters of work per day,” said Ruben Dario Fernandez, a 61-year-old truck driver who was among the people trying to enter the capital on Tuesday. “The problem is that I can’t travel long or work for a week with it.”

In Ecuador, President Guillermo Lasso suddenly cut off dialogue with the largest indigenous group on Tuesday, killing an officer who was escorting a fuel convoy in Amazon after being attacked by demonstrators, 12 people. Was injured.

The Indigenous Peoples Union has been leading strikes for over two weeks, calling for other demands such as lower fuel prices and higher health and education budgets.

Negotiations were canceled the day after the first talks between protesters and government officials since the strike began.

According to the Federation of Truck Drivers, Argentina’s protests are related to shortages rather than high prices due to problems with diesel availability in 23 of the 24 Argentine states, as well as others in the region. It is different from the demo.

But truck drivers also claim that shortages have led to price increases.

“They charge everything they need for the little diesel there,” said Roberto Arse, a 49-year-old truck driver who protested on Tuesday.

The Argentine government has vowed that the supply problem will soon end. Transport Minister Alexis Guerrera said in a local radio interview on Saturday that things should return to normal “within the next 15 or 20 days.”

Argentina has tight control over pump prices and depends on imports for about a quarter of its diesel consumption.

Argentina’s largest producer and refiner, state-owned oil company YPF, announced on Monday that it will import 10 cargoes of diesel within the next 45 days to remedy the shortage.

Argentina’s fuel production is not keeping up with demand, and the agricultural sector and truck drivers used to transport production to ports rely primarily on diesel for fuel, making it an important time for national crop harvesting. Is creating a bottleneck.

A recent report from the Argentine Energy Institute reported that Argentina’s diesel sales increased 16% in the 12 months to April, but production was less than half that, 7%.

In Peru, truck drivers continued their second day of protests on Tuesday, saying that current fuel prices are tied to general inflation, making it difficult to reach their goals.

“The essence of our demand is that it is impossible to transfer frequent diesel increases to our clients,” truck driver leader Luis Marcos told a local radio station.

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Associated Press journalist Victor Caivano contributed from Buenos Aires.

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