Buenos Aires, July 10 (RHC)-- Thousands of Argentineans took to the streets to protest on their national holiday Monday, July 9th, in central Buenos Aires. The protests came just weeks after Argentinean President Mauricio Macri announced that the International Monetary Fund's (IMF) executive board approved a $50 billion financing deal for Argentina.
Macri said he was turning to the IMF in May after a run on the peso currency. The move has been politically risky for market-friendly Macri, as many Argentineans blame IMF-imposed austerity policies for exacerbating a 2001-2002 economic crisis.
In June, Argentinean stocks surged after index provider MSCI upgraded the country to its emerging markets index a day earlier, a respite from months of dismal economic news for Macri in recent months.
Argentineans come out to protest IMF on national holiday

Related Articles
Commentaries
MAKE A COMMENT
All fields requiredMore Views
- Trump receives a morbid gift from Israeli prime minister during visit to the White House
- Show of support for Cuba continues amid its inclusion on illegal U.S. list
- ICE agents in Colorado go door-to-door demanding IDs and asking people to turn in their neighbors
- Cuba ratifies commitment to UNICEF
- Cuban Sign Language declared official in the Gazette of the Republic