CARACAS, Wednesday April 24, 2013 | Update

Venezuelan opposition leader calls for rally on May 1

Opposition leader Henrique Capriles remarked that the increase in the minimum wage could not be less than 40%

Capriles is addressing the country on Wednesday (File photo)
Wednesday April 24, 2013  02:59 PM
Venezuelan opposition candidate for presidential election 2013 Henrique Capriles Radonski on Wednesday called via Twitter for a rally next May 1 on the Labor Day. He also informed that he would make some announcements later on Wednesday, but did not provide further details.

Capriles reminded that during the presidential race he vowed a 40% salary increase. He claimed that the government's minimum wage proposal was unacceptable. "After two devaluations and with rampant inflation, the increase should not be less than 40%," Capriles wrote on Twitter.

During the presidential race, ruling party candidate Nicolás Maduro pledged to increase the minimum wage. The first raise (20%) would be enforced in May, bringing salary up from USD 325.55 to USD 390.66. The second increase (10%) would be adopted in September, taking the minimum wage to USD 429.73. A final adjustment would be enforced in November by 5-10%, based on inflation.

Translated by Jhean Cabrera
The end of a cycle

Hundreds of thousands of demonstrators took to the streets of Brazil on March 13 to demand the ouster of embattled President Dilma Rousseff, carrying banners expressing anger at bribery scandals and economic woes. A banner read "We don't want a new Venezuela in Brazil."