Argentina will print 10,000 peso notes amid soaring inflation

Large Argentine trade unions engaged in a 24-hour strike Thursday, bringing transportation and other services to a halt in protest of libertarian Pres. Javier Milei’s sweeping reforms.

Dw.Com

Large Argentine trade unions engaged in a 24-hour strike on Thursday that brought transportation and other services to a halt in protest of libertarian Pres. Javier Milei’s sweeping reforms.

Many streets were unusually empty, and key bus, rail, and subway lines were closed as workers walked off the job. Hundreds of flights were canceled, and many parents kept their kids from school while teachers took the day off.

Many streets were unusually empty, while key bus, rail, and subway lines were closed after workers walked off the job. Hundreds of flights were canceled, and many parents kept their kids from school while teachers took the day off.

The capital, Buenos Aires, saw its metro area brought to a standstill. Meanwhile, roughly 93K passengers were affected by air travel delays caused by the strike — Argentina’s second since Milei took office in December.

Buenos Aires Times

Capital City Buenos Aires saw its metro area brought to a standstill. Meanwhile, roughly 93K passengers were affected by air travel delays caused by the strike – Argentina’s second since Milei took office in December.

The capital Buenos Aires saw its metro area brought to a standstill. Meanwhile, roughly 93K passengers were affected by air travel delays caused by the strike — Argentina’s second since Milei took office in December.

Milei won the presidency after running on a libertarian platform that looks to bring Argentina out of its economic crisis. His economic “shock therapy” includes massive spending cuts and public layoffs that have sparked anger from unions.

BBC News

Milei experienced a meteoric rise to political prominence, running on a libertarian platform that looks to bring Argentina out of its economic crisis. His economic “shock therapy” includes massive spending cuts and public layoffs that have sparked anger from unions.

Milei rose to the presidency running on a libertarian platform that looks to bring Argentina out of its economic crisis. His economic “shock therapy” includes massive spending cuts and public layoffs that have sparked anger from unions.

Milei’s omnibus bill, a sweeping piece of legislation on various economic sectors and issues, is at the heart of labor protests. First introduced in December, the bill passed the lower chamber of Congress after being heavily revised, and it is now awaiting Senate approval to become law.

Courthouse News Service

Milei’s omnibus bill on various economic sectors and issues is at the heart of the protests. First introduced in December, the bill passed the lower chamber of Congress after being revised, and is now awaiting Senate approval to become law.

Milei’s omnibus bill on various economic sectors and issues is at the heart of the protests. First introduced in December, the bill passed the lower chamber of Congress after being revised and is now awaiting Senate approval to become law.

While forming coalitions on the right, Milei’s La Libertad Avanza party is only 10% of the Senate, and it's unclear how the chamber will vote on the bill– which would privatize many state companies, cut labor market regulations, shorten maternity leave, and lower the income tax threshold.

Milei’s La Libertad Avanza party is 10% of the Senate, and it's unclear how the chamber will vote on the bill that would privatize many state companies, cut labor regulations, shorten maternity leave, and lower the income tax threshold.

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Dw.Com #

Buenos Aires Times #

BBC News #

Courthouse News Service #

Javier Milei’s austerity plan poses a dangerous threat to Argentine workers, and his “shock therapy” measures threaten to roll back important labor and environmental protections. Workers across the country are united in opposition to Milei’s undemocratic and anti-worker proposals, and successful strikes are showing legislators that the people reject the government’s policies. Workers of the world stand united with Argentine unions that oppose Milei’s right-wing extremism.

UNI Global Union

UNI Global Union #

Argentine general strike shows massive opposition to Milei’s reforms, gains global solidarity

Javier Milei took over a country that was in the depths of unprecedented economic and political turmoil, and he is already turning it around in just six months. Once a beacon of Western excellence, Argentina was driven to a societal nadir due to leftist regimes. Overcoming 300% inflation will obviously take time, but the left-wing establishment is already being threatened by Argentina’s promising recovery. Milei’s market-based reforms are saving Argentina.

The Telegraph

The Telegraph #

Milei is already proving the Left-wing economic establishment wrong

There is a 15% chance that Argentina will fully dollarize its economy before 2028, according to the Metaculus prediction community.

Metaculus2

Argentinean dollarization

Lucas Aguayo/Contributor/Getty Images News via Getty Images South America

Argentine Trade Unions Go on 24-Hour Strike Against Milei's Reforms

Argentina

Economic conditions & trends

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Through successful strikes, workers can show their unity in opposition to Milei’s austerity plan, which poses a dangerous threat to Argentine workers, and his “shock therapy” measures that threaten to roll back important labor and environmental protections. The people are rejecting the government’s policies and Milei’s right-wing extremism.

Milei took over a country in the depths of unprecedented economic and political turmoil, and he's already turning it around in six months. Once a beacon of Western excellence, Argentina was driven to a societal nadir due to leftist regimes, but Argentina is enjoying the start of a promising recovery. Milei’s market-based reforms are saving Argentina.

There's a 15% chance that Argentina will fully dollarize its economy before Jan. 1, 2028, according to the Metaculus prediction community.

Argentina: Trade Unions Strike Against Milei's Reforms

ArgentineArgentina: Trade Unions Go on 24-Hour Strike Against Milei's Reforms

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