Tag: Privatization

Argentine Judge Suspends Privatization of the Argentine National Bank
Previously, President Milei tried to circumvent a law that prevents the privatization of strategic public companies. On Tuesday, La Plata Federal Judge Alejo Ramos suspended President Javier Milei’s decree aimed at transforming the state-owned Bank of the Argentine Nation (BNA) into a corporation, considering that his decree “constitutes a covert and improper privatization maneuver” of […]
February 25, 2025

Milei Privatizes Argentina’s Largest Bank
‘Banco Nacion’ ranks first among financial institutions in terms of equity, assets, loans, and deposits. On Thursday, the Banking Association, the main banking workers’ union in Argentina, rejected President Javier Milei’s decree to transform the state-owned Argentine National Bank (Banco Nacion) into a joint-stock company. RELATED: Argentina Announces Withdrawal from WHO: “We Will Not Allow […]
February 20, 2025

Workers Reject the Privatization of Aerolineas Argentinas
President Milei seeks to sell this airline as part of a process of hyper-liberalization of the national economy. Aviation and transportation workers gathered in front of the National Congress in Buenos Aires to voice their opposition to the privatization of Aerolineas Argentinas. Far-right President Javier Milei is seeking to sell this airline as part of […]
November 26, 2024

The Venezuelan Right Seeks to Privatize Public Services: President Maduro
“We’ve resisted with courage and creativity… Do you want them to privatize education or health care? Or do you want us to improve public services?,” he stated. On Thursday, President Nicolas Maduro denounced that the Venezuelan far-right has a plan to privatize several public services that benefit the population. RELATED: Venezuelan Inflation Reaches the Lowest […]
June 7, 2024

Chilean Senate Begins Processing the Pension Reform
On Wednesday, the Senate’s Labor Committee began to study the bill for pension reform presented by Chilean President Gabriel Boric. RELATED: Chile Holds a State Funeral for Former President Piñera “The dialogue has just begun. The president has instructed us to be open to seeking formulas that allow us to increase the amount of pensions, which […]
March 7, 2024

Government of Argentina Announces Intransigence Respect to Layoffs
Argentina’s presidential spokesman, Manuel Adorni, declared on Wednesday that La Casa Rosada has not given up on the massive privatization plans included in President Javier Milei’s Motosierra Plan. RELATED: Argentina: Javier Milei Will Close Télam News Agency Adorni assured that the measures will be taken over time and that it will be a slow process, […]
March 6, 2024

Peruvian Police Repress Protesters in Machu Picchu
On Thursday, citizens and tourism operators in Machu Picchu initiated an indefinite strike protesting against the digital sale of tickets to the Inca citadel, which is a UNESCO World Heritage site. RELATED: Peru To Deploy Police Force To Border With Ecuador Peruvian police used tear gas to disperse a group of protesters who had blocked […]