News of cuts

Milei faces fresh protest in Argentina over cuts to universities

02-10-2024 22:31 Public university staff and students take to streets to protest against Milei’s forthcoming veto of a bill that would raise salaries to compensate for sky-high inflation.

President targets rivals as he confirms he will veto university law

02-10-2024 20:22 President responds to mass demonstration in favour of state universities by confirming he will veto new law; Head of state ramps up rhetoric, namechecking rivals and accusing them of forming “new populist left front.”

Rich investors cheer Milei as Argentines bear brunt of austerity

24-05-2024 14:48 Amid Wall Street and investor optimism, critics are questioning how long Javier Milei's spending cuts can be sustained without permanently damaging the economy or fraying the social fabric.

The first ‘real world’ punch for Javier Milei

27-04-2024 05:00 The government’s response to the march in defence of the public university system was similar to their usual approach, but the impact wasn’t the same – the social agenda appears to have finally sided against Milei on a major issue.

by Agustino Fontevecchia

Lula to tap ally to run Brazil statistics agency, raising concerns of its future

27-07-2023 12:21 Lula's appointment of economist Marcio Pochmann to head Brazil's IBGE statistics agency raises credibility concerns due to his controversial left-wing views and past budget cuts affecting data accuracy.

Brazil’s economic activity tumbles past all forecasts

17-07-2023 19:57 Brazil's economy shrank more than expected in May, but President Lula's government's reforms and anticipated rate cuts have raised investor optimism.