Argentine unions join forces for nationwide strike

Johannes Schneider Johannes.Schneider at
Fri Nov 17 06:09:50 MST 2000

I am sure comrades from Argentina will keep us updated.

Here is the latest from the imperialist media:

>From CNN, full text:

Argentine unions join forces for nationwide strike
November 16, 2000
Web posted at: 3:17 PM EST (2017 GMT)

BUENOS AIRES, Argentina (Reuters) -- Argentina's largest union, the General
Workers' Confederation (CGT), on Thursday backed a nationwide strike call
for next week by hard-liners against President Fernando de la Rua's economic
reforms aimed at regaining investors' confidence.

The board of the "official CGT" -- a labor federation that is split in two,
with the "dissident CGT" leading the strike call earlier this week together
with the Argentine Workers' Center (CTA) union -- also announced plans for a
strike in December.

"Next Friday we will bring the country to a standstill. We'll fight on until
the government changes its economic policy," said Rodolfo Daer, head of the
"official CGT," which is criticized by its more hard-line rivals for its
moderate style of opposition to the ruling center-left Alliance and its
Peronist successors.

The "official CGT" plans a 24-hour stoppage next Friday, while the
"dissident CGT, the CTA and a new group coordinating roadblocks all over
Argentina, the Combative Classwar Movement (CCC), have scheduled 36 hours of
protest from noon Thursday.

The strike call was initially in response to the death of an unemployed man
last week during clashes between police and people manning roadblocks in the
northern province of Salta. Thousands of the 15.4 percent of Argentine
workers who are jobless or 30 percent who are poor have blocked roads to
demand jobs, food and welfare programs.

>From the Economist: (on a bail-out)

Full text at:

Were Argentina to default on its debts, other emerging economies would
suffer, especially those in South America. That is the first reason for
helping it

second Economist story on Argentina at:

... unemployment stands at 15%, many of those in work have suffered wage
cuts, and investment has slumped. After two years of stagnation and
deflation, and two months of political infighting within President Fernando
de la Rua's coalition government, the nerves of investors have snapped.

When the yields on Argentina's bonds had soared to ten percentage points
above those of the United States Treasury, officials confirmed on November
10th that they were negotiating a new bundle of loans from the IMF.
Including extra help from the World Bank and the Inter-American Development
Bank, and some contingency financing from private banks, the total might be
$15 billion-20 billion.

A whole lots of links to stories on Argentina (e.g. from Bloomberg, FT etc.)
can be found here

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