European stocks pared early gains and ended on a mixed note on Thursday as investors continued to assess the likely moves of central banks with regard to interest rates in the wake of recent economic data, and the minutes of the Federal Reserve's latest monetary policy meeting released on Wednesday.
Argentine laborer Pablo Vazquez was finishing a day s shift laying track for a train line near La Plata on the outskirts of Buenos Aires when the foremen called a dozen members of the team.
An Argentine Railway Builder Suffers in the Shadow of Milei s Cuts usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
LA PLATA, Argentina (Reuters) -Argentine laborer Pablo Vazquez was finishing a day's shift laying track for a train line near La Plata on the outskirts of Buenos Aires when the foremen called a dozen members of the team together to share bad news. In a shed at the site entrance, the managers said the project had been put on ice as part of a crackdown on public-funded construction works under new libertarian President Javier Milei, who took office just months before in December. Vazquez's story is being repeated around Argentina since Milei, a right-wing economist, came into power pledging to "chainsaw" through over-spending by the state, which he blames for the country's worst economic crisis in decades.
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