President Mauricio Macri faces the largest public demonstration by workers against his administrationr, with thousands belonging to the five most important umbrella unions in the country staging protests in opposition to the government’s labour policies.
President Mauricio Macri affirmed the government was “working” along with unions on a “same agenda” to “lower inflation, create more jobs and more investment,” making the statements the same day that all five central of workers launch a protest against his administration’s adjustment policies.
By Ignacio Portes
The Central Bank is quetly ditching Finance Minister Alfonso Prat-Gay’s 20-to-25 percent yearly inflation target for 2016, it seems. The monetary authority’s chief Federico Sturzenegger argued inflation targets will be established in September and only expressed confidence about reaching Prat-Gay’s goals in 2017.
Hotels run by the Kirchners
In a disented ruling issued, a federal court appointed Federal Judge Julián Ercolini to preside over the so-called “Hotesur case,” an investigation into whether former president Cristina Fernández de Kirchner and her family laundered money by booking out rooms in their Alto Calafate hotel.
The Buenos Aires City Federal Court dismissed a request to remove Federal Judge Claudio Bonadío from an investigation over future dollars contracts after he summoned former president Cristina Fernández de Kirchner earlier this month.
Argentineans are most worried about inflation and unemployment, a report by the D’Alessio IROL and Berenzstein private consulting agencies have showed.
Meeting in Brasilia
Argentine Nobel Peace Prize winner and human rights activist Adolfo Pérez Esquivel met with Brazilian President Dilma Rousseff to express his solidarity and called the impeachment process against her an example of a “soft coup.”
Brazilian prosecutors charged political strategist João Santana, the architect of President Dilma Rousseff’s 2010 and 2014 election victories, and 16 others with corruption as part of a massive graft investigation.
Wall Street was lower for a second day as investors assessed corporate earnings and data showed that US inflation barely rose in March as consumer spending remains tepid.
A campaign rally in Costa Mesa, California by Republican presidential candidate Donald Trump ended in violent clashes between supporters and detractors of the US billionaire with police arresting at least 20 people as they sought to clear the protest.