live Iran ties Hormuz reopening to U.S. concessions on several demands
Iran said it was nearing a final pact with Oman defining new shipping lanes between them through the Strait of Hormuz but repeated that the U.S. must ...
President Javier Milei has introduced a new labour reform proposal to Argentina’s Congress, aiming to address what his administration describes as a "rigid structure" that has hindered job creation in the country.
The bill, unveiled on Thursday (11 December), is part of Milei’s broader economic reform agenda and seeks to tackle excessive bureaucracy while providing greater flexibility for employers.
The reform includes provisions to allow businesses more control over working hours and vacation policies. It also seeks to modify severance pay, aiming to reduce costs for companies. Additionally, the bill introduces financial incentives for employers to hire workers on the books and would allow salaries to be paid in foreign currencies – measures intended to boost formal employment and improve Argentina’s business environment.
However, the proposal has faced strong opposition from unions. The General Confederation of Labour (CGT), Argentina’s largest labour federation, has vehemently condemned the bill, describing it as a threat to workers' rights.
One of the most contentious aspects of the reform is a provision requiring unions to seek employer authorisation before holding workplace assemblies. Furthermore, the bill categorises union takeovers or the obstruction of workplace entry as "very grave" infractions.
In response, the CGT has announced plans for a protest march in Buenos Aires next Thursday to rally against the reform. The union argues that the bill undermines labour protections and grants excessive power to employers.
Despite union opposition, the proposal has gained backing from the Argentina Industrial Union, which represents business interests. Martin Rappallini, President of the Argentina Industrial Union, expressed support for the bill, noting that the country’s industrial sector has been struggling with increasing competition from cheaper imports. He stated that the reform could help reverse job losses by creating more formal employment opportunities.
"We hope this will, little by little, start a process to change the dynamic of job losses," Rappallini said.
The bill is part of Milei’s broader reform agenda, which includes measures aimed at boosting the Argentine economy. With his party securing more seats in Congress following the October elections, Milei is pushing for swift action on a series of reforms during the special legislative sessions now underway.
Flights arriving at Catania airport in eastern Sicily were suspended after volcanic ash from a new eruption of Mount Etna drifted into the airspace around the airport, disrupting operations at one of Italy’s busiest aviation hubs.
A deal on a new route for vessels through the Strait of Hormuz is "very close," Iranian Foreign Minister Abbas Araghchi has said, while warning that the reopening of the waterway depends on the U.S. meeting other conditions, including paying compensation to Iran.
Iran said it was nearing a final pact with Oman defining new shipping lanes between them through the Strait of Hormuz but repeated that the U.S. must meet other conditions.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 9th of August, covering the latest developments.
Christopher Nolan’s The Odyssey has surpassed $1.1 billion at the global box office, becoming the highest-grossing film of the director’s career.
At least 100 people were killed after a powerful earthquake struck western Colombia early on Monday, toppling buildings across several cities and leaving people trapped under rubble.
A consortium including Amazon founder Jeff Bezos is reportedly close to agreeing a deal to acquire a roughly one-third stake in Premier League club Liverpool, according to multiple media reports on Monday.
Eclipse fever is building in Madrid as residents and visitors rush to secure protective glasses ahead of a rare total solar eclipse near sunset on Wednesday (12 August).
A gunman was arrested after opening fire at a local government office near Bangkok on Monday, days after a deadly school shooting renewed debate over gun control in Thailand.
Flights arriving at Catania airport in eastern Sicily were suspended after volcanic ash from a new eruption of Mount Etna drifted into the airspace around the airport, disrupting operations at one of Italy’s busiest aviation hubs.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment