Argentine biochemist Alejandro Nadra worries that Argentine President Javier Milei’s budget cuts would undo his scientific quest to unravel the cause of genetic diseases that disable and kill millions.
Since taking office in December last year, budget-slashing Milei has frozen public university and research budgets even as annual inflation stands at 236 percent.
This meant real spending on science and technology fell 33 percent year-on-year in August, the CIICTI research center said.
Photo: AFP
Nadra said he has already had to stop some of his experiments with the proteins responsible for gene mutations that cause diseases.
“We are on the verge of collapse,” Nadra said from his laboratory at the University of Buenos Aires, home to three Nobel Prize laureates in science.
Along with artists, teachers, pilots, social workers and countless other professionals affected by Milei’s drive to curb flyaway inflation and public debt, scientists fear for their future in Argentina.
“People are leaving, and they aren’t applying for scholarships or teaching positions anymore, because they can’t make a living,” Nadra said.
Those who do often end up working in labs without the necessary equipment or supplies.
“If things don’t change, the time is near when everything disintegrates,” said Nadra.
Nadra said he has not been able to buy anything he needs for his research since November last year.
“So, if I run out of supplies, I either borrow from someone who still has some, or I stop doing those experiments,” Nadra said.
The gross monthly salary of a research assistant today at the Argentine National Council for Scientific and Technical Research of Argentina (CONICET) is about 30 percent less, about US$1,180, than a year ago, the RAICYT network of science institutes said.
Official figures released last week showed that 52.9 percent of people live in poverty in Milei’s Argentina.
Biologist Edith Kordon works at the Institute for Physiology, Molecular Biology and Neurosciences, where she investigates breast cancer.
“This is the first time this has happened to me. I mean, it has always been very hard to get funding, it has always been very hard to get scholarships, but now there is this practical certainty that we have nothing... I’ve never had so little money to do anything,” she said.
Former Argentine minister of science, technology and innovation Lino Baranao recently highlighted that even before Milei’s cuts, Argentina spent about 0.31 percent of GDP on science compared with 1.21 percent in Brazil, 3.45 percent in the US and 4.9 percent in South Korea.
Today, it is even less, at about 0.2 percent.
“Never in the recent history of Argentina has there been such a drastic reduction in the [scientific] budget,” Baranao told La Nacion newspaper.
In a more prosperous past, state funding of research had made possible the development of a transgenic wheat strain resistant to drought by a CONICET research team, among other life-changing breakthroughs.
Last week, Milei’s government adjusted CONICET’s working budget upward to just more than US$100,000 for this year, a figure which physicist Jorge Aliaga considers “irrelevant” in its inadequacy.
“It doesn’t change anything,” Aliaga said.
When an apartment comes up for rent in Germany’s big cities, hundreds of prospective tenants often queue down the street to view it, but the acute shortage of affordable housing is getting scant attention ahead of today’s snap general election. “Housing is one of the main problems for people, but nobody talks about it, nobody takes it seriously,” said Andreas Ibel, president of Build Europe, an association representing housing developers. Migration and the sluggish economy top the list of voters’ concerns, but analysts say housing policy fails to break through as returns on investment take time to register, making the
‘SILVER LINING’: Although the news caused TSMC to fall on the local market, an analyst said that as tariffs are not set to go into effect until April, there is still time for negotiations US President Donald Trump on Tuesday said that he would likely impose tariffs on semiconductor, automobile and pharmaceutical imports of about 25 percent, with an announcement coming as soon as April 2 in a move that would represent a dramatic widening of the US leader’s trade war. “I probably will tell you that on April 2, but it’ll be in the neighborhood of 25 percent,” Trump told reporters at his Mar-a-Lago club when asked about his plan for auto tariffs. Asked about similar levies on pharmaceutical drugs and semiconductors, the president said that “it’ll be 25 percent and higher, and it’ll
CHIP BOOM: Revenue for the semiconductor industry is set to reach US$1 trillion by 2032, opening up opportunities for the chip pacakging and testing company, it said ASE Technology Holding Co (日月光投控), the world’s largest provider of outsourced semiconductor assembly and test (OSAT) services, yesterday launched a new advanced manufacturing facility in Penang, Malaysia, aiming to meet growing demand for emerging technologies such as generative artificial intelligence (AI) applications. The US$300 million facility is a critical step in expanding ASE’s global footprint, offering an alternative for customers from the US, Europe, Japan, South Korea and China to assemble and test chips outside of Taiwan amid efforts to diversify supply chains. The plant, the company’s fifth in Malaysia, is part of a strategic expansion plan that would more than triple
Taiwanese artificial intelligence (AI) server makers are expected to make major investments in Texas in May after US President Donald Trump’s first 100 days in office and amid his rising tariff threats, Taiwan Electrical and Electronic Manufacturers’ Association (TEEMA, 台灣電子電機公會) chairman Richard Lee (李詩欽) said yesterday. The association led a delegation of seven AI server manufacturers to Washington, as well as the US states of California, Texas and New Mexico, to discuss land and tax issues, as Taiwanese firms speed up their production plans in the US with many of them seeing Texas as their top option for investment, Lee said. The