Argentina's unions announce a one-day general strike to protest spending cuts

Thursday, June 14th 2018 - 06:00 UTC

Full article 7 comments

Argentina's leading labor federation announced plans to stage a one-day general strike on June 25 to protest against government economic policies, raising pressure on President Mauricio Macri as he moves to speed up spending cuts to balance the budget. Read full article

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Marti Llazo
Do you suppose that there is any connection between the argentine propensity for unproductive strikes and the associated productivity decrement, and the news today that the argie peso is at its lowest historical value against the dollar (selling today at over 27 to the dollar in local banks) ?
Jun 14th, 2018 - 03:08 pm - Link - Report abuse +5
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Tarquin Fin
I suppose you are right
Jun 14th, 2018 - 04:04 pm - Link - Report abuse +3
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Zaphod Beeblebrox
I'm surprised that the strike wasn't scheduled for a day when Argentina were playing in the World Cup.
Jun 14th, 2018 - 05:44 pm - Link - Report abuse +2
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Marti Llazo
“ The government aims to balance the budget by 2020 and achieve a primary surplus in 2021.”

I laughed so hard that yerba came out of nose.

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The AR peso closed at about 28.5 to the dollar this evening. Closed in Bs As at 26.7 last night. On its way to becoming worthless again. In Chile today, at the shops in the Zona Franca they weren't taking argie pesos. First time I have seen that since December of 2001.
Jun 15th, 2018 - 12:22 am - Link - Report abuse +2
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Enrique Massot
The Cambiemos vessel is taking on water from all sides. So much for Mauricio Macri's attempts to drag the country back to the 19th century Golden Age when agri-food exports and rampant social inequality fed a parasitic, backward oligarchic class.

The Macri era will be remembered for succeeding, in less than three years, to operate a massive wealth transfer of to the wealthy, for seriously hampering workers and retirees, for undermining the domestic productive sector, for chaining the country to the diktats of the IMF and for many more regressive measures harming most Argentines.

This government, who rode to power on promises of honesty, has dwarfed previous corruption occurrences and will face numerous judicial processes the day it loses its current iron grip on the judiciary.
Jun 15th, 2018 - 04:33 am - Link - Report abuse -3
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Marti Llazo
As we have tried to explain to you may times, reekie, Argentina will continue to be poorly governed and unsuccessful so long as there are argentines running things. That's the reason you live in Canada instead of Argentina.
Jun 15th, 2018 - 07:14 pm - Link - Report abuse +1
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Enrique Massot
Marti's neoliberal dreams are being spoiled by clumsy apprentice Mauricio Macri and his gang of offshore account holding ministers representing big multinational corporations.

As a result, he picks from the bottom of his pile of dumb statements: the fault lies with “the Argentines.”

Unwilling to say a word about a government that has put Argentina on its knees in barely 30 months, Marti gifts us with his latest discovery: Argentina can't succeed as long as it's governed by Argentines. Seriously!

Well. Marti’s delirium may become true. A French national is about to take control and will be able to prove whether she can pull Argentina back to the top where it once was. Cristina is out – in is Christine (Lagarde).

Oh, and say, Marti: Who is “we?” Got a rat on your pocket?
Jun 16th, 2018 - 01:20 am - Link - Report abuse -1
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