In Argentina, the biggest protests against President Javier Milei have erupted. Hordes of people are demonstrating against budget cuts for public universities. We delve into the deeper economic crisis fueling the discontent, marked by soaring inflation and drastic policy measures
In Argentina, the biggest protests against President Javier Milei have erupted. Hordes of people are demonstrating against budget cuts for public universities. We delve into the deeper economic crisis fueling the discontent, marked by soaring inflation and drastic policy measures
Argentinian President Javier Milei is facing the biggest protests against his administration so far. Hundreds of thousands of Argentines have flooded the streets of Buenos Aires and other cities. This is a direct response to significant budget cuts affecting the nation’s public universities.
However, the frustration of people in this South American country runs deeper. It is rooted in the severe economic crisis gripping Argentina.
We explain why the current protests have drawn so many people, and what the high frequency of demonstrations against Milei have to do with the economy.
The immediate cause of the protests that erupted on Tuesday is the severe cut in funds allocated to public universities. These institutions are in dire financial straits. Notably, the University of Buenos Aires (UBA), a prestigious institution that has nurtured five Nobel laureates and numerous national leaders, has declared a financial emergency.
