Türkiye to host Gaza meeting on Monday amid ceasefire concerns
Foreign ministers of some Muslim countries will meet in Istanbul on Monday to discuss the Gaza ceasefire and next steps there, Turkish Foreign Ministe...
As Argentina’s unemployment hits a four-year high, the spotlight has turned to the libertarian administration of President Javier Milei, whose sweeping economic reforms are reshaping the country’s social and labour landscape.
Argentina’s unemployment rate rose to 7.9 percent in the first quarter of 2025, reaching its highest level since mid-2021, as the administration of President Javier Milei presses ahead with sweeping economic reforms. The latest figures from the National Institute of Statistics and Census (INDEC) estimate that around 1.7 million people are now unemployed nationwide.
The data reveals that the most severe impact has been felt in the Greater Buenos Aires area, where unemployment rose to 9.1 percent overall, and as high as 9.7 percent in the surrounding industrial districts. These areas, historically reliant on manufacturing and state-supported industries, have been hit hardest by factory closures and contracting municipal budgets.
The rise in unemployment comes amid the government’s implementation of what President Milei has termed “shock therapy” — a rapid transition away from Argentina’s traditional model of public-sector-driven economic management. This has included deep cuts to state spending, the withdrawal of energy and transport subsidies, and a push toward the privatisation of state-owned enterprises. The government has also moved to tighten monetary policy as part of its anti-inflation strategy.
President Milei has defended these measures as necessary to dismantle what he describes as a corrupt and unsustainable economic structure. In public addresses, he has emphasised that temporary pain is unavoidable, but insists that these reforms will eventually stabilise the country and attract private investment. However, the surge in unemployment has sparked growing public concern, particularly as the cost of living remains high and wage growth continues to lag behind inflation.
Labour unions and opposition parties have intensified their criticism of the government, accusing it of failing to implement job protection mechanisms or offer viable employment alternatives during the transition period. Strikes have disrupted transport and public services, while mass demonstrations have taken place across major urban centres demanding action to protect jobs and support families affected by layoffs.
The Pampas region, Argentina’s agricultural backbone, has also seen a notable rise in unemployment, with rates climbing to 7.4 percent. Local officials report that job losses in agro-processing and logistics are contributing to increased rural hardship.
As the Milei administration continues on its current path, economists are divided over the outlook. Some argue that structural reform is essential to revive Argentina’s long-term competitiveness, while others warn that social unrest and political instability could derail the reform process before benefits materialise.
For now, the pressure is mounting. The government’s ability to manage rising unemployment without triggering a broader crisis will be a defining challenge in the months ahead.
Reliable sources have confirmed to AnewZ that the United States has asked Azerbaijan to join a Stabilisation Force in Gaza, as part of a proposed international mission to secure the territory.
Centrist liberal party D66, led by 38-year-old Rob Jetten, has made sweeping gains in the Dutch election, emerging neck and neck with Geert Wilders’ far-right Freedom Party (PVV) in early results — a stunning reversal just two years after D66 ranked sixth.
Tanzanian police fired tear gas and live rounds on Thursday to disperse protesters in Dar es Salaam and other cities, a day after a disputed election marked by violence and claims of political repression, witnesses said.
U.S. President Donald Trump agreed with President Xi Jinping to trim tariffs on China in exchange for Beijing cracking down on the illicit fentanyl trade, Trump said.
Ukrainian President Volodymyr Zelenskyy said on Wednesday that the most difficult situation on the front line remains the eastern city of Pokrovsk, where fighting continues to be most intense due to a strong concentration of Russian forces.
Afghanistan and Pakistan have extended their ceasefire, following several days of negotiations in Istanbul from October 25 to 30, 2025, mediated by Türkiye and Qatar.
Turkish court sentenced 11 people to life in prison on Friday over a fire that killed 78 people at a ski resort in northwest Türkiye's Bolu mountains in January, state media reported.
Dutch centrist party D66 won the most votes in Wednesday's general election, news agency ANP said on Friday, putting its 38-year-old leader Rob Jetten on course to become the youngest-ever prime minister in the Netherlands.
Families gathered at a morgue in Rio de Janeiro on Thursday to identify loved ones killed in what has become Brazil’s deadliest police operation, while funerals were held for four officers who died during the raids.
Torrential rain battered New York on Thursday, leaving two people dead, Mayor Eric Adams confirmed, as severe storms disrupted flights and prompted flood warnings across parts of the city.
You can download the AnewZ application from Play Store and the App Store.
 
            
What is your opinion on this topic?
Leave the first comment