Argentina President writes to BRICS Nations, rejects invitation to join the group | Oneindia News
Video Credit: Oneindia - Duration: 02:09s - Published
Argentina President writes to BRICS Nations, rejects invitation to join the group | Oneindia News
Just days before officially becoming a member of BRICS, Argentine President Javier Milei has communicated his decision to withdraw from joining the group by sending letters to the leaders of member nations.
In his correspondence to the heads of Brazil, Russia, India, China, and South Africa, Milei explained that the decision made by the preceding government has now been reversed.
According to protest organisers, hundreds of thousands of Argentines flooded the streets to express their outrage over cuts to higher public education under the newly elected President Javier Milei. Students, professors, parents, and alumni from the country's 57 state-run universities rallied together on Tuesday, uniting in defence of free public university education amidst the economic turmoil plaguing South America. Joined by labour unions, opposition parties, and private universities, the demonstrations spread from Buenos Aires to major cities like Cordoba, marking one of the largest protests against the austerity measures implemented since Milei assumed office in December. While police estimated around 100,000 participants in the capital alone, organisers claimed the number soared closer to half-a-million, effectively paralysing the city centre for hours.
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Argentine President Javier Milei plans to cut 70,000 government jobs, stop public works, and end 200,000 social welfare programs to reduce the state's size drastically. Despite potential labor union pushback, Milei aims for fiscal equilibrium this year. He cites growing public optimism about the economy.
#Argentina #Argentinaeconomy #Argentinanews #JavierMilei #Mileinews #Argentinajobs #LatinAmerica #LatinAmericanews #Worldnews #Oneindia #Oneindianews
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