INTERNACIONAL
Argentine court suspends labor changes in a blow to President Milei’s economic plan
BUENOS AIRES, Argentina (AP) — President Javier Milei suffered a judicial blow Wednesday as a court suspended labor rule changes he recently announced as part of sweeping deregulation and austerity measures aimed at reviving Argentina’s struggling economy.
The ruling by a three-judge court came on a legal challenge brought by the main union group, the General Labor Confederation, which argued that the changes affected workers rights.
ARGENTINA’S MILEI CUTS 5,000 GOVERNMENT JOBS, WILL NOT RENEW CONTRACTS
Milei’s decree announced in December established several changes in labor rules, including increasing job probation from three to eight months, reducing severance compensation and allowing the possibility of dismissal for workers taking part of blockades during some protests.
Alejandro Sudera, one of the three judges, said the administration went beyond its authority to decree labor changes, which first needed to discussed and approved by Congress.
Milei’s government said it would appeal the court’s ruling.
The union confederation applauded the court, saying the decision «puts a stop to the regressive and anti-worker labor reform.»
Labor activists have questioned whether Milei, a self-described anarcho-capitalist who has long railed against the country’s «political caste,» can impose the measures using emergency decree bypass the legislature.
On Dec. 20, a few days after taking office as the new president, Milei announced sweeping initiatives to transform Argentina’s economy, including easing government regulation and allowing privatization of state-run industries. The libertarian economist made about 300 changes.
The measures have stirred protests in Buenos Aires, Argentina’s capital.
CLICK HERE TO GET THE FOX NEWS APP
Since his inauguration Dec. 10, Milei has devalued the country’s currency by 50%, cut transport and energy subsidies, and said his government won’t renew contracts for more than 5,000 state employees hired before he took office.
He says he wants to transform Argentina’s economy and reduce the size of the state to address rising poverty and annual inflation expected to reach 200% by the end of the year.
INTERNACIONAL
De Vladimir Putin y Omar al Bashir, la lista a la que se suma Benjamin Netanyahu en la lista de órdenes de arresto de la Corte Penal Internacional
-
POLITICA3 días ago
«Era por el celular», bajan el tono a la bravata del Gordo Dan sobre el «brazo armado de LLA» pero siguen los ruidos internos
-
POLITICA2 días ago
Javier Milei, íntimo: la lealtad de los perros, su acercamiento al judaísmo y el sueño de conocer a Mick Jagger
-
ECONOMIA1 día ago
Luis Caputo anunció financiamiento del BID y el Banco Mundial por u$s4.000 millones
-
POLITICA1 día ago
Revés para el oficialismo en Diputados: se cayó la sesión de Ficha Limpia por falta de quorum
-
POLITICA20 horas ago
Uno por uno, los diputados que se negaron a dar quorum para debatir el proyecto de “ficha limpia” y los argumentos que dieron
-
POLITICA2 días ago
De Cristina a Urribarri, de Boudou a De Vido: los funcionarios K condenados por corrupción