Argentina: Thousands protest utility hikes, IMF

Thousands descended on the Plaza de Mayo central square in Buenos Aires on Friday, outraged by Argentine President Mauricio Macri's decisions to veto curbs on basic utility prices and to seek help from the International Monetary Fund. On Thursday, Macri vetoed a bill earlier approved by the Senate that secured gas, electricity and water prices, with the aim of helping to balance the budget... Еще. Protesters called for laws that will guarantee food, land and infrastructure for the poor and also decried the government's decision to request a $30 billion (€25 billion) loan from the IMF to support the weakening national currency. The measures, designed to boost market confidence, have sparked fears of a repeat of the devastating financial crisis in 2001, which Argentineans call the 'corralito.'

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