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Argentina: General Strike Targets IMF Loans, Austerity Measures

HeadlineSep 26, 2018

Argentina’s central bank president resigned unexpectedly Tuesday, just three months after taking the post. Luis Caputo’s departure comes as President Mauricio Macri attempts to win a loan from the International Monetary Fund in exchange for implementing harsh austerity measures. Those measures have spawned massive protests across Argentina, including a 24-hour general strike this week that idled airports, shut down public transportation and halted other sectors of the economy. This is protester Delfina Grinstein in Buenos Aires.

Delfina Grinstein: “We’re here to protest the IMF deal because we know that we’re facing a very bad economic situation. And we’re also against paying down the debt, because all that money could be used for education and healthcare.”

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