Brazil & Southern Cone - March 2026

Argentina’s President Javier Milei scored one of his biggest victories yet when congress approved his sweeping labour reform in late February, making it cheaper and easier to hire and fire workers by cutting employee benefits, reducing employer obligations, and limiting the power of unions. This March edition of the Latin American Regional Report: Brazil & Southern Cone begins with an analysis of the labour reform. Supporters believe that it will attract foreign investment, boost productivity, and limit labour lawsuits, while detractors argue that fundamental workers’ rights are being undermined, and any potential benefits will likely boost corporate balance sheets rather than monthly pay checks.

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