Home Economic Indicator Argentine government news agency Telam closes following threats from economist Milei.

Argentine government news agency Telam closes following threats from economist Milei.

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Argentine government news agency Telam closes following threats from economist Milei.

Argentine State News Agency Telam Shutdown Amidst Political Tensions

Struggles at Telam

Workers at Argentine state news agency Telam were surprised to find the doors of the 80-year-old institution’s office closed on Monday. They were instructed to halt work for at least a week following threats from libertarian President Javier Milei to shut down the agency.

Milei’s Campaign Against Public Institutions

President Milei’s decision to close Telam is part of his broader campaign against public institutions, which he believes are inefficient, costly, or corrupt. He accuses Telam of being a propaganda tool for the left-leaning Peronist opposition.

Economic Challenges

Milei, an outsider economist who won a surprise election last year, is facing an economic crisis marked by high inflation, depleted reserves, and a deep fiscal deficit. To address these challenges, he is implementing tough austerity measures to cut costs and reduce the size of the state.

Controversy and Opposition

Workers and opposition politicians view Milei’s attempt to close Telam, an institution with nearly 800 employees established in 1945, as an attack on press freedom and democracy. The Buenos Aires Press Union and the Association of Foreign Correspondents of Argentina have condemned the move.

Uncertain Future for Telam

It remains unclear whether Telam will remain permanently closed or reopen after the temporary shutdown. Milei’s strong stance against the agency has sparked debates about the role of state-run media in Argentina’s media landscape.