General Strike in Argentina Disrupts Transport Services

A general strike in Argentina has caused major disruptions to transport, with flights and metro services cancelled or suspended across the country. This is reported by the railway transport news portal Railway Supply.

The strike comes as unions protest President Javier Milei’s austerity measures. His administration has slashed subsidies for transport, fuel, and energy, affecting millions of people, particularly pensioners and low-income workers.

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While international flights continue, bus services are operating, though many shops remain closed.

Argentina’s Economic Crisis Sparks Protests

The latest strike is the third since President Milei’s inauguration in late 2023. His tough economic policies have led to a reduction in inflation, but critics argue that they have hurt the most vulnerable groups.

Many retirees, like Horacio Bianchi, struggle with reduced pension funds and rising costs of living. He claims that the government’s actions have worsened the situation for everyone.

The Government Faces International Scrutiny

As Argentina grapples with domestic unrest, the government is negotiating a new $20 billion loan from the International Monetary Fund (IMF). The country currently owes the IMF $44 billion. In response, US Treasury officials have praised Milei’s reforms, highlighting his efforts to stabilize the Argentine economy.

Treasury Secretary Scott Bessent is scheduled to visit Buenos Aires next week to support the ongoing reforms.

The ongoing protests, which have turned violent in recent weeks, reflect widespread frustration. Support from various groups, including football fans, has intensified the demonstrations, and the government must balance the demands of unions and the IMF’s requirements to avoid further social unrest.

Source: www.bbc.com

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