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Crowd at Indio Solari's Olavarria concert on March 11
Crowd at Indio Solari's Olavarria concert on March 11

Clarín, March 13

A concert for fans of Argentine music star Indio Solari turned deadly, and the grim details dominated front pages Monday of the nation's newspapers, along with questions about bad planning and crowd control. "Another tragedy due to lack of controls', reads today's front page of Buenos-Aires based daily Clarín.

At last Saturday's massive open-air rock concert in the eastern city of Olavarria, the situation got out of control when the crowd rushed towards the stage at the end of the performance — a stampede that killed two people and injured dozens. According to the Argentine newspaper, 350,000 spectators turned up for the show, instead of the expected 150,000. Preliminary investigations were launched to determine who was responsible for this lack of crowd control.

In April last year, the organizers of the Time Warp Argentina electronic music festival were arrested and charged for negligence after six people died, due to similar bad planning issues.

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Economy

Abenomics Revisited: Why Japan Hasn't Attacked The Wealth Divide

Japanese Prime Minister Fumio Kishida promised to tackle wealth inequality and help struggling workers. But a year after he came to power, financial traders are once again the winners.

Japanese workers will still have to wait for the distribution of wealth promised by Prime Minister Fumio Kishida.

Yann Rousseau

-Analysis-

TOKYO — Panic on the Nikkei, the Japanese stock market. Almost a year ago, at the end of September 2021, traders went into a panic in Tokyo. On Sept. 29, Fumio Kishida had just won the general election for the country's main conservative party, the Liberal Democratic Party. He was about to be named Prime Minister, succeeding Yoshide Suga, who'd grown too unpopular in the polls.

Kishida had won through a rather original reform program, which was in stark contrast with years of conservative pro-market politics. In his speeches, he had promised to generate a “new capitalism”. A phrase that makes investors shudder.

While he did not completely renounce his predecessors’ strategy called “Abenomics” — named after free-market stalwart Shinzo Abe, who was killed last July — Kishida declared that the government needed to tackle the issue of the redistribution of wealth in the island nation.

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