Argentina's largest labor union grouping on Wednesday is expected to hold a nationwide general strike to protest President Javier Milei's shock economic agenda.
The strike represents a significant test for Milei, who has announced sweeping measures to deregulate Latin America's third-largest economy.
"The general strike is more of a political test for the labour unions than for Milei," Jimena Blanco, head of Americas at risk consultancy Verisk Maplecroft, told CNBC via email.
"Regardless of attendance, the strike caters to the unions' own support base and, at this stage, is not representative of wider social sentiment.
However, it has the potential to grow in the future as the impacts of the economic shock plan become palpable."
Persons:
Javier Milei, Javier Milei's, del Trabajo, Jimena Blanco, Verisk Maplecroft
Organizations:
Economic, Analysts, CNBC
Locations:
Davos, Switzerland, Argentina, Americas