US Edition6 Articles
6 Articles
"Another Scam": The Supposed End of Argentinian Currency Controls (The "CEPO") by Milei
Oscar Garu forwards this message about Milei’s “end of the CEPO”: “This is a joke. The common people, who would have exchanged pesos in cash for dollars are substantially prevented from doing so with the ridiculous limit of $100 U.S. per month. Caputo’s [the Argentinian Minister of Economy] and Milei’s friends, who are in to take advantage of the carry trade, and who keep their pesos in the banks will have the golden opportunity to exchange …
In this way, Argentine citizens will not endure the regulations that made it difficult to buy foreign currency.
According to Melina Schierloh, Press Secretary of ADUNC Central, a union representing the professors of the National University, the situation of university professors is alarming: 70% of university professors are below the poverty line due to a wage mismatch that deepens with the lack of parity and an increasingly unfavourable economic context. The panorama is further obscured by the government of Javier Milei, who, according to Schierloh, caus…
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