Buenos Aires.-The unions grouped in the main labor centers of the country, carry out the second general strike once morest the government of Javier Milei, in opposition to the “Bases Law”, which seeks to reform the Argentine economy, with privatizations of public companies and labor reforms.
The 24-hour strike that began this Thursday, May 9, is taking place in the 23 provinces plus the city of Buenos Aires, and is promoted by the General Confederation of Labor (CGT), the main labor union in Argentina.
During, the country’s main economic activities were suspended, such as passenger and cargo transportation services, and banking activities.
Like the first strike once morest the administration of the liberal libertarian President, which took place on January 24, this day of protest is carried out under the motto “The country is not for sale” in the face of the “brutal adjustment” promoted by Milei in his fiscal shock policy.
The unions oppose the ‘Bases and Starting Points Law for the Freedom of Argentines’, which was approved by the Chamber of Deputies of the Nation and is now awaiting treatment in the Senate.
Among the reforms included in the law are the delegation of legislative powers to the Executive, privatization of companies, establishment of a special investment regime and a labor reform, called “modernization.”
A man next to an electronic board that says: “Service interrupted by measures of the General Confederation of Labor” at the Plaza Constitución train station, during the 24-hour general strike once morest the adjustment policy of the government of Argentine President Javier Milei, in Buenos Aires, Argentina May 9, 2024.
A man next to an electronic board that says: “Service interrupted by measures of the General Confederation of Labor” at the Plaza Constitución train station, during the 24-hour general strike once morest the adjustment policy of the government of Argentine President Javier Milei, in Buenos Aires, Argentina May 9, 2024. REUTERS – Agustin Marcarian
The unions warn regarding the possible privatizations of public companies, and the chapter that alarms them is the one that refers to the extension of the trial periods that companies might impose and the modification of severance payments.
Two strong sectors of Argentina’s economy are industry and construction, which reflected poor performance in the first quarter of the year in Argentina, with effects due to economic adjustment and inflation.
As reported this Wednesday by the National Institute of Statistics and Censuses (Indec), industrial activity registered a drop of 6.3% last March compared to last February, with consequences on demand.
According to Indec, in March industrial activity plummeted 21.2% compared to the same month in 2023, while during the first quarter the manufacturing sector accumulated a collapse of 14.8%.France 24.
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2024-05-12 18:16:09
