Argentina Workers on Third General Strike Against Macri's Austerity
The Argentine General Confederation of Labor (CGT), which represents roughly three million workers, called for another nation-wide strike on Monday to protest President Mauricio Macri’s economic policies and speak out against an agreement with the International Monetary Fund. Several other labor unions including the Central Union joined the CGT in the strike, which completely halted transportation across the country as well as closed banks, public schools, and gas stations. The strike was a response to an agreement that secured a $50 billion line of credit from the IMF in exchange for implementing market-friendly reforms that incentivize agribusiness while imposing austerity measures which disproportionately hurt the working class. Argentine workers have been grappling with high inflation and the resulting reductions in real wages, in combination with massive public sector layoffs as part of the austerity measures. This is the third general strike that’s been held since the IMF agreement was reached.
See "Argentina Workers on Third General Strike Against Macri's Austerity", Telesur, June 27, 2018