"Argentine Court Stalls President Milei's Labor Reform Amidst Political and Market Turbulence"

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Source: BBC.com
"Argentine Court Stalls President Milei's Labor Reform Amidst Political and Market Turbulence"
Photo: BBC.com
TL;DR Summary

An Argentine court has suspended President Javier Milei's labour reforms, which were introduced by decree and included extending the probation period for workers, reducing compensation for dismissals, and shortening pregnancy leave. The General Confederation of Labour (CGT) challenged the reforms, leading to a temporary freeze. Milei, who won the presidency with promises of economic "shock treatment," faces opposition from trade unions and plans to appeal the ruling. The CGT has called for a nationwide strike on January 24 in protest of the reforms.

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