Argentina Congress failed to override President Milei's veto on 8.1% pension increase, spurring protests against austerity measures.

Argentina's Congress upheld President Javier Milei's veto of an 8.1% pension increase aimed at assisting retirees amid soaring inflation of nearly 240%. The opposition failed to secure the two-thirds majority needed to override the veto, which Milei argued would jeopardize fiscal stability and his austerity measures. Protests erupted outside Congress, highlighting growing tensions over economic policies perceived to disproportionately affect the poor and working classes.

6 months ago
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