*Colombia’s government led by President Gustavo Petro has announced a 12.06% rise in the country’s minimum wage, taking it to Col$1.3m (US$336) per month. The rise comes as the country continues to face high inflation, which came in at 10.15% in annual terms in November. In a press conference with President Petro, Labour Minister Gloria Inés Ramírez, said the increase for 2024 had not been agreed with the private sector despite ten bilateral meetings between the government, business leaders and unions.
- ARGENTINA: Milei pressures congress over omnibus reform bill
- BOLIVIA: Morales says will run for a fourth term despite court ruling
- In brief: Colombia raises minimum wage
- BRAZIL: Lula vetoes sections of controversial pesticides bill
- In brief: Brazil’s unemployment rate drops
- GUYANA/VENEZUELA: Tensions flare over UK ship’s visit to Guyana
- In brief: Panama approves 2024 budget
- MEXICO: Gov’t piles pressure on García Luna
- In brief: Second section of Mexico’s Tren Maya railway inaugurated
- In brief: Chile’s Codelco reaches lithium mining agreement with SQM