Markets celebrated the two bills’ passing, after protesters took to the streets of Buenos Aires
Senate on June 12th riot police manned barricades as protesters surged forward. Some screamed at the police to take off their helmets and join them. One lawmaker staggered away after taking a blast of pepper spray to the face. Soon protesters were hurling Molotov cocktails. A journalist’s car was set alight. The government, prone to hyperbole, called the protests an attempted “coup”. Inside the Senate things were nearly as tense.
The chaos was prompted by voting on two reform bills with which Mr Milei hopes to turn around Argentina’s flailing economy. One delegates emergency powers to the president, privatises several state-owned firms and creates big incentives for would-be foreign investors . The other aims to raise desperately needed tax revenue. After more than 20 hours of deliberation which ran overnight the Senate passed them both. The vote on the first was so tight the vice-president had to break the tie.
The government-managed movement of 300 families from the island of Gardi Sugdub is a test case for “planned retreat” in Latin America
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