• 2026.11.11 (Wed)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
[등록] 2026-09-01 15:48:31
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
    • Pet Life
    • Halal Horizon
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Bong-seon's Photo Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > World

Argentina's Universities on the Brink: Nationwide Strike Demands 40% Wage Hike, Budget Increase

Pedro Espinola Special Correspondent / Updated : 2025-03-19 20:09:10
  • -
  • +
  • Print

Buenos Aires, Argentina – Argentina's university system is facing a critical juncture as faculty and staff across the country commenced a 48-hour general strike, protesting severe economic hardship and demanding urgent government action. The strike, organized by prominent labor unions such as the National University Teachers' Federation (Conadu), the National University Workers' Union Front (FSUN), and the Buenos Aires University Teachers' Union (Feduba), underscores the deepening financial crisis plaguing the nation's higher education institutions.

The universities' plight has been exacerbated by Argentina's spiraling inflation and the government's austerity measures. Since President Javier Milei's inauguration, the gap between soaring living costs and stagnant wages has widened dramatically, pushing university employees to the brink.

The unions' primary demands include:

A 40% wage increase to restore purchasing power lost due to inflation since December 2023.
A substantial increase in the 2024 university budget, which has been slashed by 40% compared to the previous year.
According to Conadu, 65-70% of national university workers are now living below the poverty line. Feduba reports that university employees have suffered a 71% loss in real income since President Milei took office. The government's proposed wage increases for January and February 2024, at 1.5% and 1.2% respectively, fell far short of the corresponding inflation rates of 2.2% and 2.4%.

Data from the Argentine Education Observatory reveals that the 2024 education budget has been reduced by 40% compared to 2023.

Union leaders emphasize that the strike is not solely about wage demands, but also a defense of Argentine democracy, institutional stability, and the right to protest. They assert that the majority of university employees are struggling to survive, and the situation is dire.

The strike has placed significant pressure on the government to address the universities' financial crisis. The nation now awaits the government's response and its proposed solutions to avert a potential collapse of the higher education system.

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

  • #globaleconomictimes
  • #글로벌이코노믹타임즈
  • #한국
  • #중기청
  • #재외동포청
  • #외교부
  • #micorea
  • #mykorea
  • #newsk
  • #nammidonganews
  • #singaporenewsk
Pedro Espinola Special Correspondent
Pedro Espinola Special Correspondent

Popular articles

  • Gold Trade Without US Dollars: China's New Channel for Yuan Internationalization

  • China’s First AI-Generated Film Bombs at the Box Office, Failing to Recover Even a Fraction of Its Budget

  • Asian Semiconductor Hubs Shaken as Taiwan’s TAIEX Slumps 9% Amid AI Sell-Off

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://www.globaleconomictimes.kr/article/1065611315794198 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Bucheon Conducts Winter Safety Inspections for Small-Scale Construction Sites Under 5.7 Million USD
  • Bucheon City to Hold Joint Exhibition for Together Care Centers… 364 Children Participate
  • Bucheon City Successfully Concludes Residents’ Autonomy Program Contest… Top Team Advances to Gyeonggi Provincial Contest
  • Lens on the Edge: The Visual Chronicles of a Wildlife Photographer Documenting Earth’s Final Hour
  • Exploring the World of Hangeul Calligraphy at Cheongnong’s Hangeul Art Institute
  • South Korea’s Graduate Schools Face Empty Classrooms as Demand for Tech Talent Reaches Critical Mass

Most Viewed

1
South Korea and Ethiopia Sign Trilateral MOU to Introduce Liquid-Based Cytology (LBC) Technology for Cervical Cancer Diagnosis
2
US Army Conducts Rare Temporary Burial Drills to Prepare for Worst-Case Large-Scale War Scenarios
3
World Citizens are Flying Directly to Busan... The Era of 4 Million Foreigners is Just Around the Corner
4
Eating 100g of Baechu Kimchi Daily Linked to Lower High-Cholesterol Risks
5
From Kim Whanki to Pokémon Cards... Seoul Auction Opens the Floodgates
체리가든 스토리
nutri huevos
로타리
동포저널

Hot Issue

LG Electronics and Skyscanner Partner to Bring Smart Travel Planning to Living Rooms

Regional Tourism in South Korea Struggles as Infrastructure Lags Behind Inbound Airport Growth

Miky Lee Honored with Asian Hall of Fame’s Centennial Medal for Pioneering Global K-Culture

Fashion Runway Show 2026

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
  • News K
  • 반달곰 프로젝트
  • 광고문의
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being 
    • 전체
    • Pet Life
    • Halal Horizon
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Bong-seon's Photo Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Overseas Koreans
  • Multicultural News