Summarize this content to 2000 words in 6 paragraphs in Arabic
\n BUENOS AIRES, Argentina (AP) \u2014 Argentina\u2019s Senate began what\u2019s likely to be an all-night voting marathon on the details of President Javier Milei \u2018s sweeping proposals to slash spending and boost his own powers early Thursday, shortly after giving the plan overall approval in a narrow vote as thousands of protesters clashed with police outside.Senators voted 37 to 36 late Wednesday to give provisional approval to the two bills after a daylong heated debate while thousands of protesters poured into the streets, burning cars and throwing Molotov cocktails as hundreds of federal security forces pushed back with rounds of tear gas and water cannons. The vote \u2014 decided by a tiebreaking vote from Vice President Victoria Villarruel \u2014 delivered a major boost to Milei, whose efforts to overhaul the government and economy have run into tough resistance in Argentina\u2019s opposition-dominated Congress. <\/p>\n
\u201cTonight is a triumph for the Argentine people and the first step toward the recovery of our greatness,\u201d Milei posted on X, calling his bills \u201cthe most most ambitious legislative reform of the last 40 years.\u201d <\/p>\n
But critical elements of the wide-ranging legislation still have to survive an article-by-article vote in the Senate. After that, the bill heads back to the lower house, where lawmakers must okay any modifications before Milei can officially claim his first legislative victory.<\/p>\n
Right-wing and left-wing lawmakers have clashed over various parts of the 238-article state reform bill, including the declaration of a one-year state of emergency and delegation of broad powers to the president in energy, pensions, security and other matters until the end of Milei\u2019s term in 2027. Other controversial measures include an incentive scheme that would give investors lucrative tax breaks for 30 years. Milei is a political outsider with just two years\u2019 experience as a lawmaker, and his 3-year-old party, Liberty Advances, holds just 15% of seats in the lower house and 10% of the Senate. <\/p>\n
He has been unable to pass a single piece of legislation in his six months of presidency, raising questions about whether he can execute his ambitious project to trim the deficit and spur growth. Instead, he\u2019s used executive powers to slash subsidies, fire thousands of public employees, devalue the currency and deregulate parts of the Argentine economy.The spending cuts and currency devaluation that Milei has delivered have \u2014 at least in the short term \u2014 deepened a recession, increased poverty to 55% and sent annual inflation surging toward 300%. \u201cIf this law passes, we are going to lose so many of our labor and pension rights,\u201d said 54-year-old teacher Miriam Rajovitcher, protesting ahead of the vote alongside colleagues who say they\u2019ve had to reconfigure their lives since Milei slashed school budgets and devalued the currency. \u201cI am so much worse off.\u201d Analysts say the promised benefits of Milei\u2019s reforms \u2014 a stable currency, tamer inflation, fresh foreign investment \u2014 won\u2019t materialize without a political consensus to convince foreign investors that his changes are here to stay. Milei\u2019s administration has said it wants to strike a new deal with the International Monetary Fund, to which Argentina already owes $44 billion.<\/p>\n
\u201cEveryone is in a wait-and-see mode,\u201d said Marcelo J. Garc\u00eda, Americas director at geopolitical risk firm Horizon Engage. \u201cInvestors say, \u2019Yes, we love what you\u2019re saying, but we need to see that this is sustainable.\u201d Milei\u2019s allies said they had made tough concessions Wednesday. His party, Liberty Advances, agreed not to sell off the country\u2019s post office, flagship airline Aerol\u00edneas Argentinas, or the public radio service, leaving just a handful of state-owned firms, including Argentina\u2019s nuclear power company, on the block for possible privatization. Milei\u2019s original pitch late last year to privatize more than 40 state-owned Argentine companies prompted an uproar from the country\u2019s powerful Peronist-dominated labor movement.That was audible ahead of the Senate vote Wednesday in downtown Buenos Aires, as bankers, teachers, truckers and thousands of union members and activists converged around Congress. They chanted: \u201cOur country is not for sale!\u201d <\/p>\n
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Summarize this content to 2000 words in 6 paragraphs in Arabic BUENOS AIRES, Argentina (AP) \u2014 Argentina\u2019s Senate began what\u2019s likely to be an all-night voting marathon on the details of President Javier Milei \u2018s sweeping proposals to slash spending and boost his own powers early Thursday, shortly after giving the plan overall approval in<\/p>\n","protected":false},"author":1,"featured_media":120267,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57],"tags":[],"class_list":{"0":"post-120266","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-international"},"_links":{"self":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/120266","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/comments?post=120266"}],"version-history":[{"count":1,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/120266\/revisions"}],"predecessor-version":[{"id":120268,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/120266\/revisions\/120268"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/media\/120267"}],"wp:attachment":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/media?parent=120266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/categories?post=120266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/tags?post=120266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}