Thousands take to streets in Argentina to protest economic woes (PHOTOS)

Thousands of Argentineans gathered in the streets of capital Buenos Aires to voice anger against the government of Cristina Fernandez de Kirchner. The rally, reportedly the biggest in a decade, was organized on social networks.

­The protesters banged pots and pans as they rallied against soaring inflation and sky-high levels of crime and corruption. Many demonstrators also said that they were driven to protest by the prospect of President Fernandez seeking a third term in office.

The president’s supporters in Congress have lobbied for a constitutional amendment allowing Fernandez to run for a third consecutive term in 2015. President Fernandez was reelected to a second term in 2011, but her popularity has plummeted since she assumed office.

Protesters also spoke out against restrictions on the purchase of dollars that were introduced last year and ramped up this year. The new law has made it harder for Argentineans worried about inflation to trade in their currency.

Official data on inflation in the country puts the current rate at 12%, though some economists predict the actual figure is much higher.

The International Monetary Fund warned Argentina in September that the country could face sanctions if it fails to produce reliable growth and bring down inflation by December.

The Argentinean leadership has claimed that the economic crisis gripping the country is the result of a global recession, not government policy.

People take part in a cacerolazo (a form of civilian protest where pots are used to make noise) against Argentine President Cristina Fernandez de Kirchner′s government in Buenos Aires on November 8, 2012 (AFP Photo / Alejandro Pagni)
People take part in a “cacerolazo” (a form of civilian protest where pots are used to make noise) against Argentine President Cristina Fernandez de Kirchner’s government in Buenos Aires on November 8, 2012 (AFP Photo / Alejandro Pagni) Aerial view of people gathering during a cacerolazo (a form of civilian protest where pots are used to make noise) against Argentine President Cristina Fernandez de Kirchner′s government in Cordoba, Argentina on November 8, 2012 (AFP Photo)
Aerial view of people gathering during a “cacerolazo” (a form of civilian protest where pots are used to make noise) against Argentine President Cristina Fernandez de Kirchner’s government in Cordoba, Argentina on November 8, 2012 (AFP Photo) Young people bang cooking pans during a cacerolazo (a form of civilian protest where pots are used to make noise) against Argentine President Cristina Fernandez de Kirchner′s government in Santa Fe, Argentina on November 8, 2012 (AFP Photo /  Eduardi Seval)
Young people bang cooking pans during a “cacerolazo” (a form of civilian protest where pots are used to make noise) against Argentine President Cristina Fernandez de Kirchner’s government in Santa Fe, Argentina on November 8, 2012 (AFP Photo / Eduardi Seval) People bang cooking pans during a cacerolazo (a form of civilian protest where pots are used to make noise) against Argentine President Cristina Fernandez de Kirchner′s government in Cordoba, Argentina on November 8, 2012 (AFP Photo / Agencia Cordoba)
People bang cooking pans during a “cacerolazo” (a form of civilian protest where pots are used to make noise) against Argentine President Cristina Fernandez de Kirchner’s government in Cordoba, Argentina on November 8, 2012 (AFP Photo / Agencia Cordoba) People hold signs reading No to the reform of the Constitution as they wear Guy Fawkes masks during a cacerolazo (a form of civilian protest where pots are used to make noise) against Argentine President Cristina Fernandez de Kirchner′s government in Buenos Aires on November 8, 2012 (AFP Photo / Alejandro Pagni)
People hold signs reading “No to the reform of the Constitution” as they wear Guy Fawkes masks during a “cacerolazo” (a form of civilian protest where pots are used to make noise) against Argentine President Cristina Fernandez de Kirchner’s government in Buenos Aires on November 8, 2012 (AFP Photo / Alejandro Pagni) Image from instagram.com @sofidangavs
Image from instagram.com @sofidangavs Image from twitter.com @AntonellaMarty
Image from twitter.com @AntonellaMarty

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2 Responses to Thousands take to streets in Argentina to protest economic woes (PHOTOS)

  1. End time servant November 9, 2012 at 1:55 PM

    Look very close we are next very soon but we will make it very ugly for we will have nothing left

    Reply
  2. Pingback: Argentina faces IMF penalties over failure to meet inflation deadline

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