Argentina's transport and ports general strike costs $1.3bn
Argentina’s one-day general strike Thursday April 10 that paralysed transport services and ports cost $1.3bn in losses according to local media. The powerful transport and service-related unions were protesting against increasing inflation and salary taxes that undermine workers' purchasing power.
The strike, called by union leaders Hugo Moyano and Luis Barrionuevo, interrupted all ground transportation, domestic flights, as well as most international flights and ports. The strike was not supported by big unions aligned with the government, but the lack of transport services and blockades made it almost impossible for employees to get to work.
The main ports of San Lorenzo-Rosario and Formosa were closed and tug boat operatives and stevedores in the ports of Buenos Aires, Necochea and Bahia Blanca did not report to work. Stoppages in various ports by truck, bus and train drivers, pilot boat masters, linesmen, tug boat operators and stevedores brought maritime activity to a standstill. Pilot boat operations through Rio de la Plata and the Parana River were also affected.
The people's response to the call from the unions was at 90%, said Argentinian media. Unions called the strike after consumer prices spiked following a strong devaluation in January. Consumer prices have soared over 10% in the first three months of the year, according to private estimates, with forecasts of a 35%-plus annual inflation. President Cristina Fernández's decision not to approve salary increases over 25% has diminished workers' purchasing power. The International Monetary Fund is forecasting a low 0.5% growth for this year.
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