Page 19 - Austerity Measures News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Hundreds of thousands of Argentines took to the streets of Buenos Aires on Tuesday in an anti-government march against budget cuts to public universities, the biggest protest yet against President Javier Milei's painful austerity measures. The demonstrations are the latest example of rising tension over spending cuts that are helping undo a deep fiscal deficit but causing hardship in the real economy. In the union-backed marches in the capital and beyond, banners were held aloft in the southern autumn sunshine reading "Defend the public universities," "Studying is a right...

Actions, more than pronouncements are what matter in economic management.

A confrontation between Argentine authorities and anti-government protesters angered by President Javier Milei's spending cuts escalated on Wednesday, as protesters blocking the capital's key thoroughfare were forcibly dispersed and eight of the movement’s participants arrested. In a rare move, riot police officers deployed powerful water cannons, drenching demonstrators. Argentines demanding more food for soup kitchens hurled sticks and stones, set garbage cans alight and paralyzed the main street of Buenos Aires in defiance of new legal changes banning roadblocks.

Pakistan's PM Shehbaz Sharif bans red carpets at government events, aiming to cut unnecessary expenses amidst economic challenges

ISLAMABAD: The Finance Division has imposed a ban on purchase of vehicles, machinery, and equipment, and creation of...