Pensioners in Argentina protest as President Milei vetoes pension increases

(4 Sep 2024)
RESTRICTION SUMMARY:

ASSOCIATED PRESS
Buenos Aires, Argentina – 04 September 2024
1. Police advance against protesters
2. Various of protesters rescuing a retiree who was crushed by advancing police
3. SOUNDBITE (Spanish) Gabriela, retiree:
"We are retirees, we have worked all our lives and we have fought for our rights and now they take all away, and on top of that they give us a beating. They want us dead. They want all retirees and young people dead."
4. A person holds a sign that reads (Spanish) "they are killing us retirees with 235,000 pesos (about $246) per month"
5. Police blocking protesters
6. Protesters chant UPSOUND (Spanish) "Milei dirtbag you are the dictatorship"
7. SOUNDBITE (Spanish) Ramon Ferreira, retiree:
"We are the zero deficit: that retirees must die, that there is no medication for retirees, that there is no food, that there is nothing. That is the zero deficit."
8. Police in front of Congress
9. People argue with police
10. Police
11. A man shouts UPSOUND (Spanish) "out, out pigs" to the police
12. SOUNDBITE (Spanish) Eduardo Barnex, 78, retiree:
"We no longer have proper medication, nor can we eat properly. Let’s forget about vacations. No more vacations, there are no vacations, vacations don’t exist."
13. People chant UPSOUND (Spanish) "the motherland is not for sale"
14. People chant UPSOUND (Spanish) "national strike"
STORYLINE:
Retirees marched in Buenos Aires Wednesday in protest against Argentine President Javier Milei’s veto of a bill passed by Congress to raise the minimum pension.

Police pushed on demonstrators trying to block a road and used pepper spray on them.

Argentina’s senate approved a law to increase retirement benefits by more than 8% on Aug. 22 and Milei vetoed it on Sep. 2.

The country’s ultra-conservative, self-described libertarian president vetoed the measure which he has described as "irresponsible" and "exorbitant."

Because Milei’s libertarian party controls less than 15% of Congress the populist outsider has largely relied on sweeping executive decrees to implement a tough austerity program, slashing public spending and deregulating Argentina’s economy.

Although the government has managed to slow down the rise in prices, the increase in the cost of living in July was 4%, and accumulated inflation in the first seven months of the year reached 87%.

Interannual inflation is around 263.4% at a time when the minimum monthly retirement is about 225,000 pesos (233 dollars) and a basic basket of food, medicine, and other goods and services for an adult exceeds 291,000 pesos (301 dollars).

AP Video by Victor R. Caivano

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