Argentine public service unions strike to protest IMF deal halts the country

Tuesday, June 26th 2018 - 09:17 UTC

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Argentina ground to a halt on Monday as public service unions blocked road, rail and air transport with a nationwide 24-hour strike in protest at the government's latest deal with the International Monetary Fund. In a massive show of force against the conservative government of President Mauricio Macri, organizers said at least one million workers were taking part in the industrial action which halted trains, subways, buses and flights in Latin America's third-largest economy. Read full article

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chronic
Let's see some sub 3¢ peso action!
Jun 26th, 2018 - 03:55 pm - Link - Report abuse 0
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Enrique Massot
Mauricio Macri had a plan -- to benefit the agro-business and mining corporations, the energy-producing companies, and the financial sector.

He just needed enough votes to get to power. Next, he dreamed, he would put Argentines at their place. Labour being a part of the production costs, he would lower those costs by, for example, refusing to hike wages beyond 15 per cent while inflation this year will be at least 30 per cent.

To keep the population asleep at the wheel, he counted on keeping focus on how bad Kirchnerists had been and half a dozen catchy phrases repeated ad nauseum.

Macri enjoyed a one and a-half year honeymoon; it lasted till last December.

Bull has a best-before date and then its effectiveness fades. The crowd of the disappointed is growing with each passing day.

As they say, one can't fool 'em all, all the time.
Jun 27th, 2018 - 04:08 am - Link - Report abuse -3
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