In Argentina, thousands of people marched through the streets of Buenos Aires Wednesday protesting soaring inflation and demanding an end to austerity measures imposed by the International Monetary Fund as part of a $44 billion bailout. Last month, Argentina’s government reported the peso’s annual inflation rate soared to 109%, in a country where 40% of the population lives below the poverty line. This is lawmaker Gabriel Solano.
Gabriel Solano: “Inflation is high. This adds up to the fact that the government sends less money to the soup kitchens. You have an explosive combination: There’s no work, jobs are precarious, and not even soup kitchens have the basics.”