While speaking at a pharmaceutical plant’s inauguration today, President Mauricio Macri urged workers to cooperate with their employers rather than “throw wrenches in the works,” surprising most media outlets and pundits who expected him to talk about his recent setback in his attempt to raise gas prices. “The process [of economic growth] has already begun. Following last week’s Supreme Court ruling suspending gas bill increases for homes, the Macri administration called for a public hearing on September 12 to, once again, present its proposal to raise gas prices. The government still hopes to implement the rate hikes, which it deems crucial to fixing the country’s “energy crisis” and to improving the economy as a whole. Hearings are intended to inform the public and are not legally binding, however.

Source: The Bubble August 22, 2016 19:07 UTC