Argentina’s Milei faces biggest protest yet as students march over budget cuts
Buenos Aires, Argentina Reuters Hundreds of thousands of Argentines took to the streets of Buenos Aires on Tuesday in an anti-government march against budget cuts to public universities, the biggest protest yet against President Javier Milei’s painful austerity measures. The demonstrations are the latest example of rising tension over spending cuts that are helping undo […]
Argentina’s child poverty rate on track to hit 70 per cent, UNICEF warns
Buenos Aires, Argentina Reuters Argentina’s child poverty rate could hit 70% in the first quarter of the year unless there is a change in course, UNICEF warned in a report on Tuesday, reflecting how high inflation, weakening growth and austerity is hitting the country hard. In a report, the UN Children’s Fund said the poverty […]
First protests in Argentina as groups react to Milei austerity plan
Buenos Aires, ArgentinaReuters Thousands of people took to the streets of Buenos Aires on Wednesday to protest against the government’s economic shock measures, in the first real test for Argentina’s new libertarian president, Javier Milei. Milei, who took office earlier this month on a promise to slash public spending, has announced sweeping plans to reform […]
COVID aid could bring years of austerity, charities warn IMF
London, UKReuters Five hundred of the world’s leading charities and social groups have sent a letter to the International Monetary Fund warning that its support programs, which have had to be ramped up to cope with COVID-19, were condemning many countries to years of austerity. The concern raised before the IMF and World Bank annual […]