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Argentina's Lower House Passes Milei's Controversial Reform Bill

The bill, aiming for sweeping economic and state transformation, now faces a Senate vote amid widespread protests and criticism.

  • Argentina's lower house of Congress approves President Javier Milei's controversial omnibus reform bill, setting the stage for a Senate vote.
  • The bill aims to transform the economy and state, proposing deregulation, privatization, and expanded presidential powers amid protests.
  • Critics argue the reforms could undermine democracy and exacerbate economic instability, while supporters claim they are necessary for economic recovery.
  • Recent protests against the bill have led to clashes with police, injuries among demonstrators and journalists, and widespread public opposition.
  • The International Monetary Fund (IMF) supports Milei's reforms with a $4.7bn disbursement, despite the controversy and legal challenges facing the bill.
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