Argentina's Public Universities Protest Budget Cuts Amid Economic Crisis
Argentina's public universities, supported by unions and opposition parties, will hold a demonstration to protest against budget cuts by President Javier Milei. The cuts are part of an effort to balance the economy, which faces severe inflation and poverty. Critics argue the government is undermining public education.
Argentina's public universities, backed by unions and opposition parties, are set to stage a massive demonstration on Wednesday against severe budget cuts enforced by President Javier Milei. These cuts have prompted fears among educators and students alike.
Ricardo Gelpi, the rector of the University of Buenos Aires, one of the world's top-ranked institutions, accuses the government of systematically undermining public education. The Milei administration justifies the cuts by claiming public universities serve as hubs for 'socialist' indoctrination, but public sentiment remains staunchly against these measures.
Milei's economic policies are aimed at achieving fiscal balance amidst a national crisis characterized by extreme inflation and widespread poverty. Despite Milei's claims, critics argue that the budget cuts are neither careful nor equitable, disproportionately affecting vulnerable populations and crucial sectors like education.
(With inputs from agencies.)
ALSO READ
GLOBAL MARKETS-Stocks stumble, dollar climbs after Trump taps Warsh for Fed, inflation data
US STOCKS-US stocks fall, as investors fret over Trump's Fed nominee, earnings, inflation
GLOBAL MARKETS-Stocks stumble, dollar climbs after Trump taps Warsh for Fed, inflation data
US STOCKS-US stocks slide as investors fret over Trump's Fed nominee, earnings, inflation
US STOCKS-US stocks slide as investors fret over Trump's Fed nominee, earnings, inflation

