Jose Guerra
Venezuela minimum wage to rise by 50% ‘to combat inflation’
Venezuela’s government has announced a 50% increase in the minimum wage and pensions amid runaway inflation.
President Nicolas Maduro says the move will protect jobs and incomes. Critics say it may worsen the crisis.
Venezuela's Maduro limits congressional oversight of central bank
Venezuelan President Nicolas Maduro on Monday eliminated the National Assembly's control over nomination and removal of central bank directors through a legal reform that the opposition slammed as aimed at curtailing its power a day before it takes leadership of the legislature.