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You are here: Home / Finance / Thousands of Union Workers Hold Strike Protest Against Milei Presidency

Thousands of Union Workers Hold Strike Protest Against Milei Presidency

January 27, 2024

In reaction to Argentinian President Javier Milei’s strategy targeting unions, the country’s largest union CGT held a one day strike protest last Wednesday. Other unions and political opponents joined the protest held in Buenos Aries as well as other cities throughout the South American country. Some of the protests included colorful dramatic effigies of the newly minted president — including one depicting him covered in snakes — while others carried banners of late first lady Eva Peron. In December Milei issued a decree limiting union rights, although a court placed the changes on hold. Additionally, he launched the “omnibus bill” in Congress, proposing massive reforms in response to the country’s struggling economy, including security, administration, legal, and social aspects of government and politics.

Pablo Moyano, of the teamsters’ union, told them that “if they pass these measures of adjustment, of hunger, then the workers, retirees and the most humble people will put him (Economy Minister Luis Caputo) on their shoulders and throw him in the river.”

Milei responded to Moyano’s comment Thursday evening on X: “Never was the choice so clear. We make the changes or we remain prisoners to these extortionists.

Source” AP News – https://apnews.com/article/milei-strike-protest-argentina-buenos-aires-omnibus-7bd8be35f86d90f7f9167364152748e5

Whatever the ultimate outcome, the situation in Argentina remains dire; Argentinians have already been hit with a 30% increase in food costs in just one month, plus rising fuel and transportation costs. Rampant inflation continues alongside the devaluation of its currency. Regardless of which party is in power, restoration of a stable economy is proving to be one of the country’s toughest battles yet.

Filed Under: Finance, Latest News Tagged With: Argentinian economy, Javier Milei

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