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Apr 22, 2009

STRIKE * Colombia - Cuts fuel prices as truckers plan one

Bogota,Colombia -Reuters/The Guardian (London,UK), by Hugh Bronstein & Jim Marshall -April 21 2009: -- Colombia will lower fuel prices, President Alvaro Uribe said on Tuesday as the country's truck drivers pressed ahead with threats of a strike over what they call the high cost of gasoline and diesel... Gasoline and diesel prices will go down in Colombia by about 17 cents per gallon starting next month. But the country's main truckers' union called that an "insignificant" reduction and vowed to go ahead with a strike set to start at midnight on Tuesday... A prolonged lull in trucking could slow coffee and other commodity exports and increase inflation by squeezing food supplies in this Andean country, even as the economy gets dragged down by the global financial crisis... The drivers' union also says the Uribe administration has not delivered on promises of increasing freight fees paid to truckers...

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