In a tumultuous day in Argentina, protesters clashed with police as senators voted on a controversial bill proposed by libertarian leader Milei. Demonstrators from various unions rallied outside Congress, expressing their opposition to the bill’s proposed cuts and economic deregulation. Despite intense debate, the bill passed by a narrow margin, marking a significant step towards Milei’s ambitious agenda.
Analysts are closely watching the situation, as Milei faces challenges in Congress due to his party’s minority status. The bill, which delegates substantial legislative powers to the president, faces resistance from opposition groups, including the influential Peronist movement.
Protesters and lawmakers have expressed concerns about the potential impact of the bill on labor and pension rights, highlighting the deep divisions in Argentine society. As tensions escalated on the streets of Buenos Aires, the government and protesters exchanged accusations, with the presidency labeling the demonstrators as “terrorists.”
The outcome of this legislative battle will have significant implications for Argentina’s economy and political stability. Foreign investors and the IMF are monitoring the situation closely, with analysts warning of a potential political crisis if Milei fails to secure enough support for his proposed reforms.\
Source link