Venezuela president Maduro increases minimum wage by 300 per cent as inflation approaches 2 ...
by 300 per cent as part of routine wage increases as his government battles hyperinflation. increased the minimum wage to 18,000 bolivars, around £5.20, per month amid an economy suffering from annual inflation nearing two million per cent. on Monday, as calls increased for him to surrender power. He has faced growing international sanctions since he won re-election last May, in a vote widely considered fraudulent. Venezuela has been cut off from foreign financing and left with few friends abroad. Critics in the US and Latin America, as ...
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