Argentina: Thousands Protests Against Macri's Austerity Program – World News – African News Network | Latest African News | Nigerian News | Breaking News
Connect with us

World News

Argentina: Thousands Protests Against Macri’s Austerity Program

Published

on

Argentina: Thousands Protests Against Macri's Austerity Program

Tens of thousands of argentines marches through Buenos Aires on Thursday carrying torches, in the first of a series of planned protests against President Mauricio Macri’s austerity program and the soaring cost of public services.

READ:  Rwandan Court Acquits Government Critic, Diane Rwigara

Local media reports say Macri slashed subsidies for public utilities and other services to reduce the country’s chronic fiscal deficit, pushing electricity and gas rates up more than two thousand percent since the start of his term. Rates are expected to increase even more this year.

READ:  China Hits Movie Star Fan Bingbing With Huge Fines For Tax Evasion

When Argentina’s economy contracted last year, inflation rose to nearly fifty percent, and the peso lost close to half its value.  President Macri then reached an unpopular deal with the international monetary fund for a fifty-seven billion dollar lifeline in exchange for a commitment to cut the deficit.

READ:  No Going Back On "Okada" Ban - Willie Obiano

World News

US Shutdown: Protests Continue Across Major Cities

Published

on

By

US Shutdown: Protests Continue Across Major Cities

U.S. Federal workers in Chicago have continued their protest against the unprecedented partial government shutdown as they hope to get back to work as soon as possible with the shutdown now in its thirty-first day, the longest in U.S. History.

READ:  Zimbabweans Go To Polls

The shutdown started in late December after congress refused to grant president Donald Trump the five and a half billion dollars he requested for his long-promised U.S.-Mexico border wall project.

In downtown Chicago, dozens of the 30,000 federal workers, who have been furloughed, took to the streets, and held aloft, protest signs while chanting: “end the shutdown now.” Many who have devoted decades of service have been left utterly aghast at the continuing situation.

READ:  No Date Yet For NASS To Reconvene – Saraki, Dogara

The shutdown has affected a quarter of the federal government and forced some eight hundred thousand workers across the country to miss their paychecks.

Continue Reading

World News

UK Brexit: Citizens Anxious Over European Union Future

Published

on

By

UK Brexit: Citizens Worry Over European Union Future

British citizens are worried about the country’s future after leaving the European Union, with the United Kingdom left with difficult decisions to make after British lawmakers overwhelmingly rejected prime minister Theresa May’s Brexit deal last Tuesday.

May has to formulate an alternative deal by today, and the UK has several choices ahead. It could have a no-deal break-up with the European Union, or re-enter negotiations to secure a more favorable deal with the EU.  It could also have a second referendum.

READ:  Syria: Assad Vows To Retake US-Backed Kurds Area

No matter what the UK will choose, residents are concerned about the current situation and want it resolved soon.

Some say they are tired of the wrangle among different political groups in Westminster and just desperately want to see a solution in place before the exit date in march.

READ:  Rwandan Court Acquits Government Critic, Diane Rwigara

May has faced a tumultuous few weeks, after last month delaying the meaningful vote on her deal, before surviving a call of no confidence in her leadership from her own party.  She then saw her deal overwhelmingly rejected, sparking a vote of no confidence in her government on Wednesday, which she survived by a margin of nineteen votes.  She faces an uphill task to push any new deal through parliament as the Brexit crisis deepens.

READ:  US Condemns Bill To Extend Salva Kiir's Presidency

Continue Reading

African News

Al Qaeda Claims Attack That Killed U.N. Peacekeepers In Mali

Published

on

By

Al Qaeda Claims Attack That Killed U.N. Peacekeepers In Mali

An affiliate of Al Qaeda based in Mali has claimed responsibility for an attack in northern part of the country that killed ten Chadian U.N. Peacekeepers in which 25 persons were also wounded.

READ:  This 27-Year-Old Was Left For Dead. He Is Now Launching Drones To Deliver Blood To Rwanda's Hospitals

SITE Intelligence Group said on Monday, the Israeli Prime Minister, Benjamin Netanyahu’s visit to Chad as the motive of the attack. The group said the attack was carried out in response “to Chad’s diplomatic pursuits with Israel”.

Israeli Prime Minister had visited Chad on Sunday to stress the two countries’ mutual interest in confronting Islamist insurgencies on the continent.

UN Secretary-General Gutterres says, such acts will not diminish the resolve of the United Nations to continue supporting the people and government of Mali in their efforts to build peace and stability in the country.

READ:  Ethiopia Has 'No Option' But Multiparty Democracy - PM

Continue Reading

Trending

Subscribe to ANN News Alert

Be the first to receive the latest news from Africa and around the world.

%d bloggers like this: