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Marketplace All-in-One

A general strike hits Argentina

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 24 January 2024

⏱️ 8 minutes

🧾️ Download transcript

Summary

From the BBC World Service: It’s only been a month since Argentina’s president Javier Milei took office, but already big protests are set to take place over his plans to shake up the country’s economy. Then, as businesses turn to online verification tools, fraudsters are using artificial intelligence to create sophisticated disguises and hack into other people’s accounts. What can be done to stop it?

Transcript

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0:00.0

Thousands down tools as a general strike hits Argentina.

0:05.0

Live from the BBC World Service, this is the Marketplace Morning Report.

0:08.8

I'm Luke Wilson in Fleeanna Byrne.

0:10.5

Good morning.

0:11.7

It's only been a month since Argentina's president

0:14.1

Havier Milay took office, but already big protests are set to take place

0:19.0

over his plans to shake up the country's economy. Inflation in Argentina is running at 211% year on year.

0:27.0

That's the highest level in 32 years.

0:30.0

And President Milay wants to tackle that with public spending cuts, privatization and

0:35.2

scrapping what he says are wasteful regulations.

0:39.1

Unions though say it will leave their workers poorer and And later today, hundreds of thousands

0:44.0

are expected to take to the streets of Buenos Aires in protest.

0:47.6

The BBC's James Menendez is there.

0:51.4

We've come to a working-class neighborhood some distance from Central Buenos Aires and its

0:55.9

handsome architecture and manicured parks. Here the grass grows long and the drab apartment blocks

1:02.1

have seen far better days.

1:04.0

People here are struggling to make ends meet,

1:06.0

with prices rising by more than a fifth every month.

1:10.0

Hello there, I'm James.

1:11.0

Olea, me'am or James.

1:13.0

Oyaya Ma'am.

1:15.0

People like Oriana and Samir, a young couple in their early 20s

...

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