• 2025.12.13 (Sat)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
APEC2025KOREA가이드북
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Column
    • Cho Kijo Column
    • Lee Yeon-sil Column
    • Ko Yong-chul Column
    • Cherry Garden Story
  • Photo News
  • New Book Guide
MENU
 
Home > Business

Argentina Nationwide General Strike Over Public Spending Cuts Causes Major Transportation Disruptions

Graciela Maria Reporter / Updated : 2025-04-14 18:00:51
  • -
  • +
  • Print

A nationwide general strike protesting the government's public spending cuts has brought Argentina to a standstill, severely disrupting land and air transportation. This marks the third nationwide strike led by powerful labor unions since President Javier Milei took office in late 2023.   

Across the country, including the capital Buenos Aires, train and subway services have been completely suspended, and all domestic flights have been canceled. The state-owned airline, Aerolíneas Argentinas, reported the cancellation of 258 flights, impacting approximately 20,000 passengers. However, international flights are expected to operate as scheduled, with some delays possible. While many shops in the capital remained closed, bus drivers did not join the strike.   

Since assuming office, President Milei has implemented a stringent austerity policy to combat hyperinflation. His policies have so far succeeded in reducing the annual inflation rate from over 200% to around 60%. However, labor unions argue that vulnerable groups, such as pensioners and low-wage workers, are bearing the brunt of these measures.   

The Milei administration has significantly cut subsidies for transportation, fuel, and energy, laid off tens of thousands of public sector employees, and closed some government ministries.   

"People are suffering because they don't even have enough money to eat," Horacio Bianchi, a retired teacher living in Buenos Aires, told the Associated Press, strongly criticizing the government's policies. "They (the government) came to solve the problems, but they have completely worsened everyone's situation," he added.   

The general strike follows a peaceful demonstration last Wednesday where workers joined pensioners in their weekly protest against pension cuts. In recent weeks, these protests have turned violent due to clashes between police and supportive groups, including football fans.

This nationwide strike comes as the Argentine government awaits a decision from the International Monetary Fund (IMF) regarding a new $20 billion loan. Argentina already owes the IMF $44 billion.   

The U.S. Treasury Department has voiced its support for President Milei's reform policies, stating that he has "rescued Argentina from economic oblivion." U.S. Assistant Secretary of the Treasury for International Finance Brent Neiman is scheduled to visit Buenos Aires next Monday to express support for the reforms.   

This nationwide general strike underscores widespread public discontent with the Milei government's aggressive austerity measures, suggesting a potential escalation of conflict between the government and labor unions. Argentina's economic crisis and the resulting social unrest are expected to persist for the foreseeable future.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #한국
  • #중기청
  • #재외동포청
  • #외교부
  • #micorea
  • #mykorea
  • #newsk
  • #nammidonganews
  • #singaporenewsk
  • #타이완포스트
  • #김포공항
Graciela Maria Reporter
Graciela Maria Reporter

Popular articles

  • EU Accelerates 'Battery Independence' with Multi-Trillion Won Public Fund Injection

  • Tragedy's Timepiece: Titanic Passenger's Watch Fetches Record-Breaking $2.5 Million at Auction

  • Hong Kong High-Rise Inferno Claims 128 Lives, Sparks Major Corruption Probe into Renovation Safety

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://www.globaleconomictimes.kr/article/1065603609817171 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • International Organizations Raise China's Growth Forecasts, Citing Stimulus and Exports
  • US-Japan Counteract Sino-Russian Drills with Joint Bomber Exercise in East Sea Airspace
  • Thailand-Cambodia Conflict Escalates: 22 Dead, Over 100 Injured as Border Clashes Spread
  • Swiss Economy Minister Guy Parmelin Poised to Lead as President in 2026
  • Russia Claims Downing Record 278 Ukrainian Drones Overnight, 40 Targeting Moscow Region
  • ZTE Faces Massive US Fine Over Alleged Foreign Bribery; Potential Settlement Could Exceed $2 Billion

Most Viewed

1
A Garden Where the City's Rhythm Stops: Dongdaemun's 'Cherry Garden', Cooking Consideration and Diversity
2
The Sudden Halt of Ayumi Hamasaki's Shanghai Concert: Unpacking the Rising Sino-Japanese Tensions
3
Choi Bun-do, Chairman of PTV Group, Assumes Presidency of the Korean Chamber of Commerce and Industry in South Central Vietnam
4
The Paradox of the 'Juvenile Offender' (Chokbeop Sonyeon): Impunity or Unfinished Rehabilitation?
5
South Korea Unveils 'K-Med': A Gigantic leap in Medical AI, Challenging Global Tech Giants
광고문의
임시1
임시3
임시2

Hot Issue

Mexico Hikes Tariffs on 'Strategic Goods' from South Korea, China, and Other Non-FTA Nations

Tech Tensions Flare: DeepSeek Allegedly Smuggles Banned NVIDIA Blackwell Chips for New AI Model

Netflix Stock Plummets 10% on Credit Downgrade Fears Following Blockbuster Warner Bros. Acquisition

LG Innotek Develops Eco-Friendly Next-Gen Smart IC Substrate, Reducing Carbon Emissions by Half

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • APEC2025가이드북TV
  • 독도는우리땅
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Column 
    • 전체
    • Cho Kijo Column
    • Lee Yeon-sil Column
    • Ko Yong-chul Column
    • Cherry Garden Story
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers