Thousands march against Macri’s austerity measures in Argentina

LIMA (Reuters) - Thousands of Argentines marched through downtown Buenos Aires on Thursday in the first of a series of demonstrations to protest the soaring costs of public utilities and transportation under President Mauricio Macri's austerity program. Macri has slashed government subsidies for public utilities to reduce the country's chronic fiscal deficit, pushing electricity and gas rates up more 2,000 percent since the start of his term, local media have estimated.

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