Current:Home > NewsEchoSense:Argentina’s unions take to the streets to protest president’s cutbacks, deregulation and austerity -Blueprint Money Mastery
EchoSense:Argentina’s unions take to the streets to protest president’s cutbacks, deregulation and austerity
SafeX Pro View
Date:2025-04-06 15:59:10
BUENOS AIRES,EchoSense 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! (356)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Don't be surprised if UEFA Euro 2026 isn't Cristiano Ronaldo's last hurrah with Portugal
- 2024 College World Series live: Updates, score and more for Florida vs. NC State
- Celine Dion tearfully debuts new doc amid health battle: 'Hope to see you all again soon'
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Boeing’s CEO is scheduled to field questions about plane safety from U.S. senators
- The Daily Money: How 'spaving' can derail your finances
- NYU student's roommate stole $50k in designer items, including Chanel purse, lawsuit says
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Are banks, post offices, UPS and FedEx open on Juneteenth 2024? Here's what to know
Ranking
- Sam Taylor
- House Speaker Mike Johnson and Trump meet at Mar-a-Lago
- 1 dead in small plane crash near runway at Albany International Airport
- Stellantis recalling nearly 1.2 million vehicles to fix software glitch that disables rear camera
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Sunscreen recall: Suntegrity issues skin foundation recall for mold concerns
- Georgia Gov. Brian Kemp meets South Korean President Yoon Suk Yeol during overseas trip
- Here's a look at Ralph Lauren's opening, closing ceremony team uniforms for USA
Recommendation
The Grammy nominee you need to hear: Esperanza Spalding
Jesse Plemons is ready for the ride
80 countries at Swiss conference agree Ukraine's territorial integrity must be basis of any peace
Undersea explorers mark a tragic day. Things to know about the Titan disaster anniversary
Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
How Bridgerton Created Francesca's Queer Storyline With Gender-Swapped Character
New York midwife pleads guilty to destroying 2,600 COVID-19 vaccines and issuing fraudulent cards
GOP contest between Bob Good and John McGuire highlights primary slate in Virginia