Inflation Disrupts Argentina's Oil Industry

摘要

Argentina's government, facing threats by labor unions to shut down the country's oil refineries, has agreed to a big increase in refinery workers' salaries. The agreement comes as a wave of union militancy has caused headaches for Argentina's oil and gas industry. On Friday, state news agency Telam announced that the labor ministry had secured a deal that grants refinery workers a 24% pay increase for this coming year -broadly in line with independent estimates of the true rate of inflation in Argentina.