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Montevideo, August 16th 2018 - 08:50 UTC

Thousands march in Buenos Aires to protest Argentina's IMF credit bid

Saturday, May 26th 2018 - 08:32 UTC
Full article 4 comments
Opposition parties, unions, human rights organizations and artists marched next to  Buenos Aires’ emblematic obelisk, under the banner “the country is in danger.” Opposition parties, unions, human rights organizations and artists marched next to Buenos Aires’ emblematic obelisk, under the banner “the country is in danger.”

Thousands of Argentines on Friday protested the government’s bid to secure a credit line from the International Monetary Fund, which they blame for hardship during a past financial crisis. Opposition parties, unions, human rights organizations and artists took part in the march near the capital Buenos Aires’ emblematic obelisk, under the banner “the country is in danger.”

The protest is the latest of several organized since President Mauricio Macri announced on May 8 that he had started financing negotiations with the IMF after weeks of market volatility.

The unexpected move surprised investors and stoked Argentines’ fears of a repeat of the nation’s devastating 2001-2002 economic collapse.

Many Argentines blame IMF-imposed austerity measures for worsening the crisis, which impoverished millions and turned Argentina into a global pariah after the government defaulted on a record US$100 billion in debt.

Categories: Economy, Politics, Argentina.

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  • Enrique Massot

    While thousands of Argentines marched on 9 de Julio Avenue, president Mauricio Macri marched, with his government team's long faces as only company, from Casa Rosada to the Metropolitan Cathedral to hear the traditional May 25 homily.

    There, Macri had to listen to Buenos Aires Cardinal Mario Poli speak about the situation many Argentines are currently enduring.

    “The indifference of the wealthy towards the poor does not escape to God's eyes,” Poli said.

    “The first duty of the State is to care for the citizens' life.”

    https://www.cronista.com/economiapolitica/Macri-participa-hoy-del-Tedeum-en-la-Catedral-y-ofrecera-un-locro-en-Olivos-20180525-0061.html Copyright © www.cronista.com

    May 27th, 2018 - 04:59 am 0
  • chronic

    Comrade Reeeeeeeeeekie, did I see you in the television protest coverage? No?

    Oh, that's right.

    You're in canuckistan.

    Have you ever been to rg in this millennium?

    Huh?

    May 27th, 2018 - 12:51 pm 0
  • chronic

    LOL.

    Not canuckistan, Reeeeeekie.

    May 27th, 2018 - 04:30 pm 0
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