LatinNews Daily Report - 7 January 2014

Venezuela’s Maduro lifts minimum wage 10% to combat “criminal inflation”

Andean by LatinNews 07 January 2014 Modified: 07 January 2014 1544 views

Development: On 6 January Venezuela’s President Nicolás Maduro announced a 10% increase in the minimum urban wage, also applicable to urban pensions, and gave notice of a new ‘organic law for the economic ordering’ of the country.

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