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Argentina's Macri Announces Austerity Measures

President Mauricio Macri says nearly half of all government ministries will be axed.

In an address to the nation, Argentina's President Mauricio Macri announced a wave of austerity measures, including axing government ministries and raising taxes on farm exports in order to stem the collapse of the country's peso currency.

Also in the programme: A fire destroys a 200-year-old national museum in Rio de Janeiro and rival blocs tussle to form a government in Iraq.

(Picture: Argentina's President Mauricio Macri. Credit: Getty Images)

53 minutes

Last on

Mon 3 Sep 201820:06GMT

Broadcast

  • Mon 3 Sep 201820:06GMT

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