New York Post
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Thousands of Argentines go on strike against President Javier Milei's austerity policies
Posted
January 24, 2024
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1:37Now PlayingThousands of people walked off the job in Buenos Aires on Wednesday (January 24) as part of a strike planned by trade unions to protest the austerity policies of President Javier Milei.
Argentina's largest union started a 12-hour strike on Wednesday and a major demonstration in the heart of Buenos Aires. The action, hitting sectors from transportation to banks, is the biggest show of opposition to Milei's plans for spending cuts and privatization since he took office last month, pledging to fix an economy reeling from 211% inflation and crippling debt.
The strike, coordinated by the powerful umbrella union, the General Confederation of Labor (CGT), comes amid major scrutiny of Milei's two major reform pushes: his "omnibus" bill going through Congress and a "mega-decree" deregulating the economy.
Milei, an economist and former TV pundit who pulled off a shock election win last year, is balancing stabilising the South American country's economy and reducing a deep fiscal deficit with a painful cost-of-living crisis and poverty running at more than 40%.
#argentina #javiermilei #protests
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