Apagón
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Apagón
''Apagón'' (in Spanish, literally, '' blackout'') is a form of protest that was employed several times in some large cities of Argentina, during the economic crisis at the beginning of the 2000s. The justification for a blackout as a form of protest was a rejection of the proposed increase of fees of electricity and other basic services. Argentina During the 1990s, under the Menem administration, the Convertibility Law guaranteed a fixed exchange rate of 1 U. S. dollar per Argentine peso, and the private companies that supplied electric power, telephone service, natural gas and drinking water, among others, earned consistently high profits, which could be turned into dollars and sent abroad with no loss. A number of these service providers had also secured dollarized fees, contracts that entitled them to ask for increases in their fees subject to the inflation of the United States, and other provisions of the kind. After the uncontrolled devaluation of the peso in 2002, th ...
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Cacerolazo
A cacerolazo ( or ), cacerolada (, ) or casserole is a form of popular protest which consists of a group of people making noise by banging pots, pans, and other utensils in order to call for attention. The first documented protests of this style occurred in France in the 1830s, at the beginning of the July Monarchy, by opponents of the regime of Louis Philippe I of France. According to the historian Emmanuel Fureix, the protesters took from the tradition of the charivari the use of noise to express disapproval, and beat saucepans to make noise against government politicians. This way of showing discontent became popular in 1832, taking place mainly at night and sometimes with the participation of thousands of people. More than a century later, in 1961, "the nights of the pots" were held in Algeria, in the framework of the Algerian War of Independence. They were thunderous displays of noise in cities of the territory, carried out with homemade pots, whistles, horns and the cry o ...
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Spanish Language
Spanish ( or , Castilian) is a Romance languages, Romance language of the Indo-European language family that evolved from colloquial Latin spoken on the Iberian peninsula. Today, it is a world language, global language with more than 500 million native speakers, mainly in the Americas and Spain. Spanish is the official language of List of countries where Spanish is an official language, 20 countries. It is the world's list of languages by number of native speakers, second-most spoken native language after Mandarin Chinese; the world's list of languages by total number of speakers, fourth-most spoken language overall after English language, English, Mandarin Chinese, and Hindustani language, Hindustani (Hindi-Urdu); and the world's most widely spoken Romance languages, Romance language. The largest population of native speakers is in Mexico. Spanish is part of the Iberian Romance languages, Ibero-Romance group of languages, which evolved from several dialects of Vulgar Latin in I ...
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Inflation
In economics, inflation is an increase in the general price level of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. The opposite of inflation is deflation, a sustained decrease in the general price level of goods and services. The common measure of inflation is the inflation rate, the annualized percentage change in a general price index. As prices do not all increase at the same rate, the consumer price index (CPI) is often used for this purpose. The employment cost index is also used for wages in the United States. Most economists agree that high levels of inflation as well as hyperinflation—which have severely disruptive effects on the real economy—are caused by persistent excessive growth in the money supply. Views on low to moderate rates of inflation are more varied. Low or moderate inflation may be attri ...
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Buenos Aires
Buenos Aires ( or ; ), officially the Autonomous City of Buenos Aires ( es, link=no, Ciudad Autónoma de Buenos Aires), is the capital and primate city of Argentina. The city is located on the western shore of the Río de la Plata, on South America's southeastern coast. "Buenos Aires" can be translated as "fair winds" or "good airs", but the former was the meaning intended by the founders in the 16th century, by the use of the original name "Real de Nuestra Señora Santa María del Buen Ayre", named after the Madonna of Bonaria in Sardinia, Italy. Buenos Aires is classified as an alpha global city, according to the Globalization and World Cities Research Network (GaWC) 2020 ranking. The city of Buenos Aires is neither part of Buenos Aires Province nor the Province's capital; rather, it is an autonomous district. In 1880, after decades of political infighting, Buenos Aires was federalized and removed from Buenos Aires Province. The city limits were enlarged to include t ...
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Plaza De Mayo
The Plaza de Mayo (; en, May Square) is a city square and main foundational site of Buenos Aires, Argentina. It was formed in 1884 after the demolition of the Recova building, unifying the city's Plaza Mayor and Plaza de Armas, by that time known as ''Plaza de la Victoria'' and ''Plaza 25 de Mayo,'' respectively. The city centre of Buenos Aires, Plaza de Mayo has been the scene of the most momentous events in Argentine history, as well as the largest popular demonstrations in the country. On the occasion of the first anniversary of the May Revolution in 1811, the Pirámide de Mayo ( en, May Pyramid) was inaugurated in the square's hub, becoming Buenos Aires' first national monument. It is located in the financial district known as '' microcentro'', within the ''barrio'' ( en, neighborhood) of Monserrat. It is bounded by Bolívar, Hipólito Yrigoyen, Balcarce and Avenida Rivadavia streets; and from its west side three important avenues are born: Avenida Presidente Julio Argenti ...
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Piquetero
A ''piquetero'' is a member of a group that has blocked a street with the purpose of demonstrating and calling attention over a particular issue or demand. The word is a neologism in the Spanish language, Spanish of Argentina, coming from ''piquete'' (in English, " picket"), that is, its specific meaning as a standing or walking demonstration of protest in a significant spot. The trend was initiated in Argentina in the mid-1990s, during the Administration of President Carlos Menem, soon becoming a frequent form of protest that still prevails on the South American socio-political scene. Seventy percent of the ''piqueteros'' are women, and some of their leaders are women too, like Milagro Sala from Jujuy. The piqueteros organizations have also been fiercely criticized at times by multiple sectors of society Argentina, accusing them of being associated with organized crime and demanding taking legal action against its manifestations acts contrary to the dictates of the Constitut ...
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Left-wing Politics
Left-wing politics describes the range of Ideology#Political%20ideologies, political ideologies that support and seek to achieve social equality and egalitarianism, often in opposition to social hierarchy. Left-wing politics typically involve a concern for those in society whom its adherents perceive as disadvantaged relative to others as well as a belief that there are unjustified inequalities that need to be reduced or abolished. Left-wing politics are also associated with popular or state control of major political and economic institutions. According to emeritus professor of economics Barry Clark, left-wing supporters "claim that human development flourishes when individuals engage in cooperative, mutually respectful relations that can thrive only when excessive differences in status, power, and wealth are eliminated." Within the left–right political spectrum, ''Left'' and ''right-wing politics, Right'' were coined during the French Revolution, referring to the seat ...
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Elisa Carrió
Elisa María Avelina "Lilita" Carrió (born 26 December 1956) is an Argentine lawyer, professor, and politician. She is the leader of Civic Coalition ARI, one of the founders of Cambiemos, and was National Deputy for Chaco Province and Buenos Aires. Elisa Carrió is considered a liberal, Christian, and heterodox politician in Argentina. Elisa Carrió marked her firm stance against abortion before and after entering Congress, while Mauricio Macri encouraged legislators to maturely and responsibly debate an issue that divided the opposition and the ruling party. Biography Born in Resistencia, Chaco, in a traditional family, Carrió was a former teenage beauty queen. Her father, Rolando "Coco" Carrió, was a prominent Radical Civic Union politician. Her mother, María "Lela" Elisa Rodríguez, was a literature professor. She enrolled at the National University of the Northeast and earned a law degree in 1978 and later earned a graduate degree in Public Law at the National Univer ...
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Unemployment
Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is people above a specified age (usually 15) not being in paid employment or self-employment but currently available for Work (human activity), work during the reference period. Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force (the total number of people employed added to those unemployed). Unemployment can have many sources, such as the following: * new technology, technologies and inventions * the status of the economy, which can be influenced by a recession * competition caused by globalization and international trade * Policy, policies of the government * regulation and market (economics), market Unemployment and the status of the economy can be influenced by a country through, for example, fiscal policy. Furthermore, the monetary authority of a country, such as the central bank, can influ ...
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Poverty Line
The poverty threshold, poverty limit, poverty line or breadline is the minimum level of income deemed adequate in a particular country. The poverty line is usually calculated by estimating the total cost of one year's worth of necessities for the average adult.Poverty Lines – Martin Ravallion, in The New Palgrave Dictionary of Economics, 2nd Edition, London: Palgrave Macmillan The cost of housing, such as the rent for an apartment, usually makes up the largest proportion of this estimate, so economists track the real estate market and other housing cost indicators as a major influence on the poverty line. Individual factors are often used to account for various circumstances, such as whether one is a parent, elderly, a child, married, etc. The poverty threshold may be adjusted annually. In practice, like the definition of poverty, the official or common understanding of the poverty line is significantly higher in developed countries than in developing countries. In October 20 ...
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Eduardo Duhalde
Eduardo Alberto Duhalde (; born 5 October 1941) is an Argentine Peronist politician who served as the interim President of Argentina from January 2002 to May 2003. He also served as Vice President and Governor of Buenos Aires in the 1990s. Born in Lomas de Zamora, he was elected for the local legislature and appointed ''intendente'' (mayor) in 1973. He was deposed during the 1976 Argentine coup d'état, and elected again when democracy was restored in 1983. He was elected vice-president of Argentina in 1989, under President Carlos Menem. Duhalde resigned as vice president and was elected Governor of Buenos Aires Province in 1991, and re-elected in 1995. He ran for president in 1999, being defeated by Fernando de la Rúa. De la Rúa resigned during the December 2001 riots, and Congress appointed the governor of San Luis Province Adolfo Rodríguez Saá as president. When Rodríguez Saá also resigned, Congress appointed Duhalde. During Duhalde's term in office, a huge currency ...
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Devaluation
In macroeconomics and modern monetary policy, a devaluation is an official lowering of the value of a country's currency within a fixed exchange-rate system, in which a monetary authority formally sets a lower exchange rate of the national currency in relation to a foreign reference currency or currency basket. The opposite of devaluation, a change in the exchange rate making the domestic currency more expensive, is called a ''revaluation''. A monetary authority (e.g., a central bank) maintains a fixed value of its currency by being ready to buy or sell foreign currency with the domestic currency at a stated rate; a devaluation is an indication that the monetary authority will buy and sell foreign currency at a lower rate. However, under a floating exchange rate system (in which exchange rates are determined by market forces acting on the foreign exchange market, and not by government or central bank policy actions), a decrease in a currency's value relative to other major curren ...
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