Argentina's newly elected libertarian President Javier Milei has introduced a policy stating 'el que corta, no cobra' (protestors who block traffic will not receive their social plan) as part of his austerity measures. The government will cut welfare benefits for anyone rioting or blocking traffic during protests, with enforcement through photographs taken by police and drones. There are concerns about 'subversive Venezuelan and Cuban agents' in the country, which the security minister declined to comment on for security reasons. President Milei is meeting with all the governors, likely to discuss financial challenges, as the country faces its first big protest against his administration. Internationally, China has suspended a multi-billion dollar yuan swap renewal with Argentina, and President Milei has confirmed that Argentina will not have relations with socialist dictatorships such as Cuba, Nicaragua, or Venezuela. Milei's government also plans to deregulate the economy, slash spending, and privatize state companies, including the train service. Additionally, the US—Uruguay Economic Partnership Act has been mentioned as a positive example of economic partnership. In the face of these sweeping changes, large anti-austerity protests have erupted, and there is talk of dismantling the country's central bank.
LIVE: Argentinians protest against President Javier Milei's adjustment policy https://t.co/kdVH08ys0L
Argentina's President Milei says he could take away welfare from protestors who block streets. The country has experienced mass demonstrations in response to "shock therapy" measures from the new govt. Street marches are "the usual practice" for protestors in Argentina https://t.co/AnXLPJVCwS
Government announcement playing on public train stations today ahead of anti-austerity protests in Argentina. They are threatening that if people participate in marches blocking streets, they will revoke their social benefits. Intimidation tactics to suppress participation. https://t.co/ch9OL5fjpP https://t.co/mvVEbwATi1
First protests expected in Argentina as groups react to Milei austerity plan https://t.co/6uTcgIgn6g https://t.co/wl0bagrDSh
Police in Argentina are filming people in public transit buses and checking if they have banners or signs. There is a large protest today against Javier Milei’s austerity measures and the government has threatened to end social benefits for people who participate. https://t.co/YIOTsFe57i https://t.co/H8s5u8dI9w
Argentina's newly inaugurated president, @JMilei, known for his economic views, has a vision to dismantle the country's central bank. Read more in this week's Hodler's Digest 👉 https://t.co/SkQ9US00uM https://t.co/RfYLfguROf
President Javier Milei of Argentina confirmed that he will NOT designate ambassadors to Cuba, Nicaragua, or Venezuela, fulfilling his campaign promise. Argentina won't have relations with socialist dictatorships in the Americas 🇨🇺🇳🇮🇻🇪 https://t.co/2g6klAAi8M
There are large anti-austerity protests in Argentina today and authorities are asking people for documents at the Constitución train station to check if they have social benefits that can be taken away if they participate. https://t.co/xMdQWqTVcc
Javier Milei plans to slash spending and privatize state companies like the train service. Those in Argentina’s ghost rail towns fear the pain will be acute https://t.co/BBopxnjopl
Argentina's president warned of a tough response to protests. He's about to face the first one https://t.co/4LD789E8ho
Argentinas new President Javier Milei is set to announce a decree to deregulate the economy. Milei will address the nation while thousands are expected to demonstrate against his administration. Milei’s government has vowed to prevent roadblocks in BA. Follow us @AJEnglish
Reality bites 🇦🇷 China decides to end its multi-billion dollar currency swap with Argentina after President Javier Milei’s repeated attacks on the country’s “communist dictatorship.” https://t.co/XmXsqrFli1
Uruguay is one of America’s best friends in South America and a bastion of economic liberty. This is the kind of partner we need to work with. My US—Uruguay Economic Partnership Act brings quality Uruguayan products to Miami and allows Uruguayans to travel visa-free to the USA! https://t.co/J4eSs1J4ei
China 🇨🇳 suspends a yuan swap renewal for Argentina 🇦🇷. Good, dependence on CCP money was getting way too high. Will have to get a fix at the IMF dealer. https://t.co/UqgM4P21xp
Tomorrow we’ll see the first big protest against Milei. Something tells me that some of those permaprotesters will lose their social plan. https://t.co/sM1Wq1dZ84 https://t.co/4hN2oY3HpW
President meeting with all the governors today. I expect the main message to be: no hay plata. https://t.co/sm2weJW7j1
Argentina threatens to strip protesters of welfare benefits https://t.co/WXWtfUAg61 https://t.co/S1308xzKI6
Milei's government in Argentina 🇦🇷 announced that they will cut off welfare benefits for everyone who riots and cuts off traffic in protests. The security minister said that police will take pictures and drones will, too. The most based spending cut! https://t.co/LB0j6n1iN9
Argentina's Milei government says there are some subversive Venezuelan and Cuban agents in the country. Minister of security is asked on live TV and says she prefers not to answer due to security concerns. This is the classic Cuban strategy that Venezuela adopted. https://t.co/fLrPJtNpWh
As Argentina’s newly elected libertarian President Javier Milei takes office, he has gained a valuable friend in Washington. Nightly reports 👇 https://t.co/KA4PIDcWGI
In the app “Mi Argentina” (gvmt app used for official documents, social plans, and appointments) there’s a new notification saying “el que corta, no cobra” (protestors who block traffic will no longer receive their social plan) https://t.co/wI9fvN82wx