Commodities and Futures News

Clashes outside Argentina Congress after pension hike blocked

2024.09.11 15:21

BUENOS AIRES (Reuters) – Argentine protesters clashed with police outside the country’s Congress on Wednesday, after lower house lawmakers voted to block a planned hike to pensions that had been opposed by right-wing libertarian President Javier Milei.

The chamber of deputies voted 153 in favor of the pension hike with 87 against it, falling short of the two-thirds needed to approve the bill after Milei had previously vetoed it saying that it put the country’s plan for a fiscal balance at risk.

© Reuters. A demonstrator reacts in front of police officers during a protest against Argentina's President Javier Milei's decision to veto a pension reform, outside the National Congress, in Buenos Aires, Argentina, September 11, 2024. REUTERS/Agustin Marcarian

As news of the vote spread, hundreds of people protesting in central Buenos Aires broke down barriers erected by police and clashed with security forces with in riot gear in the streets.

Argentina’s government is pushing a tough austerity package of spending cuts to overturn years of fiscal deficits and tame high inflation, which has helped bolster the state’s finances, but hit the real economy and left more people in poverty.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 94,002.19 1.53%
ethereum
Ethereum (ETH) $ 2,649.92 4.74%
tether
Tether (USDT) $ 1.00 0.02%
xrp
XRP (XRP) $ 2.42 4.17%
bnb
BNB (BNB) $ 633.48 2.35%
solana
Solana (SOL) $ 152.15 8.81%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.224654 6.78%
cardano
Cardano (ADA) $ 0.715973 6.18%
staked-ether
Lido Staked Ether (STETH) $ 2,646.42 4.67%
tron
TRON (TRX) $ 0.245224 0.81%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 93,933.17 1.59%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,165.47 5.59%
chainlink
Chainlink (LINK) $ 16.15 7.63%
stellar
Stellar (XLM) $ 0.314115 3.91%
avalanche-2
Avalanche (AVAX) $ 23.03 6.40%
sui
Sui (SUI) $ 3.03 8.04%
litecoin
Litecoin (LTC) $ 121.68 4.39%
hedera-hashgraph
Hedera (HBAR) $ 0.212273 1.94%
the-open-network
Toncoin (TON) $ 3.56 4.87%
leo-token
LEO Token (LEO) $ 9.53 2.19%
usds
USDS (USDS) $ 0.996017 0.41%
shiba-inu
Shiba Inu (SHIB) $ 0.000014 6.60%
mantra-dao
MANTRA (OM) $ 8.14 3.05%
weth
WETH (WETH) $ 2,650.76 4.74%
polkadot
Polkadot (DOT) $ 4.65 6.17%
hyperliquid
Hyperliquid (HYPE) $ 20.94 10.86%
bitcoin-cash
Bitcoin Cash (BCH) $ 305.74 5.63%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.05%
bitget-token
Bitget Token (BGB) $ 4.74 4.04%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,809.05 4.83%
uniswap
Uniswap (UNI) $ 8.31 7.17%
monero
Monero (XMR) $ 232.57 0.38%
whitebit
WhiteBIT Coin (WBT) $ 27.40 0.17%
near
NEAR Protocol (NEAR) $ 3.27 2.68%
pepe
Pepe (PEPE) $ 0.000009 6.03%
bittensor
Bittensor (TAO) $ 428.81 2.47%
dai
Dai (DAI) $ 0.999771 0.01%
aave
Aave (AAVE) $ 229.27 6.20%
aptos
Aptos (APT) $ 5.69 6.43%
ondo-finance
Ondo (ONDO) $ 1.04 6.67%
internet-computer
Internet Computer (ICP) $ 6.68 4.48%
susds
sUSDS (SUSDS) $ 1.04 0.07%
tokenize-xchange
Tokenize Xchange (TKX) $ 37.44 1.29%
official-trump
Official Trump (TRUMP) $ 14.85 6.58%
ethereum-classic
Ethereum Classic (ETC) $ 19.45 5.16%
mantle
Mantle (MNT) $ 0.840523 7.80%
okb
OKB (OKB) $ 46.51 4.48%
gatechain-token
Gate (GT) $ 22.17 4.51%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 93,913.16 1.64%