(10 Dec 2024)
RESTRICTION SUMMARY:
ASSOCIATED PRESS
ARCHIVE: Buenos Aires, Argentina – 4 December 2024
1. Various of retirees clashing with police
2. Retiree Miriam Rubino crying after police pushed her
3. Rubino protesting
ASSOCIATED PRESS
Buenos Aires, Argentina – 09 December 2024
4. (SOUNDBITE) Isabel Debre, The Associated Press:
"This marks the first anniversary of the government of President Javier Milei of Argentina, a radical libertarian who came to power promising the most intense austerity program in Argentine modern history.
ASSOCIATED PRESS
ARCHIVE: Buenos Aires, Argentina – 10 December 2023
5. Argentina President Javier Milei riding an open vehicle next to his sister Karina Milei
6. Milei waves next to Vice President Victoria Villarruel
7. Milei walks down the stairs of the Congress and shakes hands of foreign dignitaries
ASSOCIATED PRESS
Buenos Aires, Argentina – 09 December 2024
8. (SOUNDBITE) Isabel Debre, The Associated Press:
"And on that, he has delivered with mass layoffs across the government and brutal budget cuts. That’s taking its toll, with more than 50% of the population now in poverty, the highest rate in 20 years and a deepening recession. But a year after he came to power, some Argentines are starting to see the benefits of a fiscal surplus, especially with regard to monthly inflation, which has been sharply dropping in recent months."
ASSOCIATED PRESS
ARCHIVE: Buenos Aires, Argentina – 4 December 2024
9. Various of retirees buying medications at pharmacy
10. Social security card of retiree
ASSOCIATED PRESS
ARCHIE: Buenos Aires, Argentina – 6 September 2024
11. Miriam Sidimarco and her daughter Tisiana, 10, get food at a soup kitchen
12. Various of Sidimarco and her daughter eating on the sidewalk
ASSOCIATED PRESS
Buenos Aires, Argentina – 17 May 2024
13. Various of people at subway train and station
ASSOCIATED PRESS
Buenos Aires, Argentina – 09 December 2024
14. (SOUNDBITE) Isabel Debre, The Associated Press:
"The question remains: will Argentines actually end up seeing the full benefits of the economic revival that Milei had always promised would follow these painful cuts?"
ASSOCIATED PRESS
ARCHIVE: Buenos Aires, Argentina – 11 September 2024
15. People react to Congress vote against increasing pensions, banging on police fences
16. Protesters knock down fences
17. Protesters run towards the Congress entrance
18. Various of police in front of Congress
ASSOCIATED PRESS
ARCHIVE: Buenos Aires, Argentina – 17 May 2024
19. Obelisk monument and traffic
STORYLINE:
On the first anniversary since he became Argentina’s President, Javier Milei managed to pull the South American country out of rampant inflation with an austerity plan that has pushed millions into poverty.
From 25.5% monthly inflation in his first month of government, inflation slowed to 2.7% in October, the lowest in the last three years, according to official data.
However, as a downside to his economic plan, poverty surged to over 50%, and the Gross Domestic Product (GDP) contracted, with a projected decline of between 2.5% and 3.2% this year. Key sectors such as industry, construction, and retail trade are facing significant difficulties.
Meanwhile, consumption collapsed: in October, the year-on-year drop exceeded 20%, accumulating a 12.8% decrease for the year, in line with a sharp loss in the actual value of wages and pensions.
While most of the population had to tighten their belts significantly, Milei’s image fluctuated between 42% and 45%.
AP Video by Victor R. Caivano
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