Argentina

Kirchner returns home to strikes


Published

President Cristina Fernández de Kirchner has returned home early as a three day strike by fuel truckers has paralysed the country. The truckers are demanding a 30% wage rise as inflation rises to more than 25% in the country.

The unions have pledged a wider strike of all truckers in the coming week if their demands aren’t met. The move also follows a deepening crisis in the economy of Argentina following tough new tariffs on imported goods, and a curb on the use of US dollars as the preferred currency as well as the forced nationalization of an oil company which will have an impact on inward investment.

Kirchner has had a bad week after she was publicly snubbed by British Prime Minister David Cameron over Argentina’s demands for the Falklands (Las Malvinas).

A number of analysts are reporting that the economic problems and civil unrest is leading to a power struggle within the Peronist movement.

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