Saudi Press

Saudi Arabia and the world
Tuesday, Jun 24, 2025

'The paycheck has died': Argentine workers hold funeral for wages

'The paycheck has died': Argentine workers hold funeral for wages

Some women wore black funeral attire and sported flower crowns. Other people in the procession in Buenos Aires carried a gigantic coffin. But this funeral procession in the Argentine capital was not honoring a person.
Instead it was to mourn the "death" of the wages of Argentine workers in a country where inflation is expected to hit 90% by the end of this year, eating up workers' purchasing power despite years of government attempts to curb price increases.

"The situation for the workers is devastating. Before the middle of the month we don't have any more salary, it's not enough," Melisa Gargarello, a representative of the Front of Organizations in Struggle (FOL), the protest's organizer, told Reuters.

One protester carried a "clinical history" for Argentine wages, a chart showing how inflation has eaten up the value of paychecks.

While much of the world is battling high single-digit inflation this year, Argentina's struggles are in a different category.

"The paycheck has died" read a banner in the symbolic procession, which toured the main streets of Argentina's capital and ended in front of the Presidential Palace. The flower crowns worn by women carried the message "RIP the minimum wage."

The country's official monthly minimum wage stands at 45,540 Argentine pesos ($334) while a basic food basket for a family of two adults and two children costs more than twice that amount at 111,298 pesos ($817), according to the national statistics institute INDEC.

Years of political efforts to curb inflation have done little to abate price increases, and in July the country registered its highest inflation rate in 20 years.

The latest effort involves the appointment of a new economy minister, Sergio Massa, who has been granted expanded powers to try to tame inflation. Argentines have dubbed him a "superminister."

"Today we are holding a symbolic funeral for wages, which we have to say expresses the situation that all workers in Argentina are experiencing," said FOL's Maximiliano Maita.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Explosions Rock Doha as Iranian Missiles Target Qatar
“You Have 12 Hours to Flee”: Israeli Threat Campaign Targets Surviving Iranian Officials
Oman Set to Introduce Personal Income Tax, First in Gulf
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Iran Intensifies Crackdown on Alleged Mossad Operatives After Sabotage Claims
Trump Praises Iran’s ‘Very Weak’ Response After U.S. Strikes and Presses Israel to Pursue Peace
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Pakistan to nominate Trump for Nobel Peace Prize.
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
G7 Leaders Fail to Reach Consensus on Key Global Issues
Mass exodus in Tehran as millions try to flee following Trump’s evacuation order
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
Vietnam Emerges as Luxury Yacht Destination for Ultra‑Rich
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Netanyahu Signals Potential Regime Change in Iran
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
Energy Infrastructure Becomes War Zone in Middle East
Iran Conducts Ballistic Missile Launches Amid Heightened Tensions with Israel
Iran Signals Openness to Nuclear Negotiations Amid Ongoing Regional Tensions
Shock Within Iran’s Leadership: Khamenei’s Failed Plan to Launch 1,000 Missiles Against Israel
Trump's Anti-War Stance Tested Amid Israel-Iran Conflict
UK Deploys Jets to Middle East Amid Rising Tensions
Exiled Iranian Prince Reza Pahlavi Urges Overthrow of Khamenei Regime
Wreck of $17 Billion San José Galleon Identified Off Colombia After 300 Years
Iran Launches Extensive Missile Attack on Israel Following Israeli Strikes on Nuclear Sites
Israel Issues Ultimatum to Iran Over Potential Retaliation and Nuclear Facilities
Black Box Recovered from Air India Crash Site
Coinbase CEO Warns Bitcoin Could Supplant US Dollar Amid Mounting National Debt
Trump to Iran: Make a Deal — Sign or Die
Operation "Like a Lion": Israel Strikes Iran in Unprecedented Offensive
Israel Launches 'Operation Rising Lion' Targeting Iranian Nuclear and Military Sites
Israeli Forces Intercept Gaza-Bound Aid Vessel Carrying Greta Thunberg
IMF Warns of Severe Global Trade War Impacts on Emerging Markets
Syria to Reconnect to Global Economy After 14 Years of Isolation
Israel Confirms Arming Gaza Clan to Counter Hamas Influence
Global News Roundup: From Ukraine's strategic military strikes and Russia's demands and Tensions Escalate in Ukraine, to serious legal issues faced by Britons in Bali and Trump's media criticism, the latest developments highlight a turbulent landscape
U.S. Reduces Military Presence in Syria
Trump Demands Iran End All Uranium Enrichment in Nuclear Talks
Iran Warns Europe Against Politicizing UN Nuclear Report
×