Current:Home > ContactArgentina’s unions take to the streets to protest president’s cutbacks, deregulation and austerity -VitalWealth Strategies
Argentina’s unions take to the streets to protest president’s cutbacks, deregulation and austerity
SignalHub Quantitative Think Tank Center View
Date:2025-04-07 22:47:19
BUENOS AIRES, Argentina (AP) — Thousands of union members and activists took to the streets of Argentina’s capital Wednesday to protest a decree from President Javier Milei that imposes sweeping deregulation and austerity measures meant to revive the country’s struggling economy.
Unions had asked a court for a prior injunction to block measures lifting some labor protections, but a judge rejected the appeal, noting the decree had not yet entered into effect. It does so on Friday.
Argentine labor activists question whether Milei, a self-described anarcho-capitalist who has long railed against the country’s “political caste,” can impose the measures by way of an emergency decree bypassing the legislature where his party has few seats.
“We do not question the president’s legitimacy ... but we want a president who respects the division of powers, who understands that workers have the need to defend themselves individually and within the framework of justice when there is unconstitutionality,” said Gerardo Martínez, general secretary of Argentina’s construction workers’ union.
The protest went off peacefully, except for a confrontation between a small group of protesters and police. Journalists were caught up in the scuffle as police broke up the group of protesters, and some were beaten by police.
“The country is not for sale!” some protesters chanted, apparently referring to proposals that would allow the privatization of state-run industries.
Since taking office on Dec. 10 following a landslide election victory, Milei has devalued the country’s currency by 50%, cut transport and energy subsidies, said his government won’t renew contracts for more than 5,000 recently hired state employees and proposed repealing or modifying about 300 laws.
He says he wants to transform Argentina’s economy and reduce the size of its state to address rising poverty and annual inflation expected to reach 200% by the end of the year.
The General Labor Confederation read a statement at the march on Wednesday saying Milei’s decree “introduces a ferocious, regressive labor reform whose only purpose is to hamstring union activity, punish workers and benefit business interests.”
Milei’s administration has quickly faced protest. The government had said it will allow demonstrations, but threatened to cut off public aid payments to anyone who blocks thoroughfares. Marchers were also forbidden to carry sticks, cover their faces or bring children to the protest.
Milei, a 53-year-old economist who rose to fame on television with profanity-laden tirades against the political establishment, became president with the support of Argentines disillusioned with the economic crisis.
In a media interview ahead of the protest, he accused those who oppose his reforms of “not being aware of the seriousness of the situation.”
His initiatives have the support of Argentina’s Business Association which called them a “historic opportunity” to fight the “excessive size of the state” and the negative consequences of decades of budget deficits.
veryGood! (55933)
Related
- 9/11 hearings at Guantanamo Bay in upheaval after surprise order by US defense chief
- Grammy nominee Teddy Swims on love, growth and embracing change
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Meta releases AI model to enhance Metaverse experience
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
Ranking
- Hidden Home Gems From Kohl's That Will Give Your Space a Stylish Refresh for Less
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Recommendation
Meta donates $1 million to Trump’s inauguration fund
2 killed, 3 injured in shooting at makeshift club in Houston
Tree trimmer dead after getting caught in wood chipper at Florida town hall
Senate begins final push to expand Social Security benefits for millions of people
Residents in Alaska capital clean up swamped homes after an ice dam burst and unleashed a flood
Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
Woman dies after Singapore family of 3 gets into accident in Taiwan
Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback