Protests Erupt in Argentina Over President Milei's Economic Reforms
The new measures, aimed at deregulating the economy, have sparked widespread public anger and led to a heavy-handed response from the government.
- Argentina's new president, Javier Milei, has announced a series of economic reforms aimed at deregulating the country's economy, including privatisation of state-owned companies, deregulation of industries, and changes to labor laws.
- The measures have sparked widespread protests in Buenos Aires, with thousands taking to the streets to express their anger over Milei's plans.
- The government has responded to the protests with a heavy police presence and threats to cut off public aid payments to anyone who blocks thoroughfares.
- Milei's administration has also warned that those who block roads during marches could have their welfare payments cut, a move that has been criticized as criminalizing the right to protest.
- The reforms are part of Milei's 'shock therapy' plan to address Argentina's economic crisis, which includes a 50% devaluation of the Argentine peso, cuts to energy and transportation subsidies, and the closure of some government ministries.