situation report

Sep 25, 2018 | 17:08 GMT

1 min read

Argentina: Labor Unions Launch National Strike

What Happened: The Argentine Workers' Central Union and the General Confederation of Labor began a 24-hour national strike on Sept. 25 to protest the president's economic policies, El Cronista reported.

Why It Matters: Argentine President Mauricio Macri's unpopular economic liberalization policies have created growing unrest, and are likely to create further labor strikes ahead of the country's upcoming presidential election.

Background: Argentina is negotiating a $50 billion standby loan with the International Monetary Fund, which is calling on the government to cut public spending in the country.

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