The pensions of Sequera, González and millions of other similarly situated retirees went up last month because President Nicolás Maduro increased the monthly minimum wage from roughly $2 to about $30, an amount insufficient to pay basic goods, whose cost in February was estimated at $365, according to the Venezuelan Finance Observatory, an organization specializing in economic studies. By Shaylim Valderrama. Full Text -> abcNews

Traducción de cortesía -> Las pensiones de Sequera, González y millones de otros jubilados en situación similar aumentaron el mes pasado porque el presidente Nicolás Maduro aumentó el salario mínimo mensual de aproximadamente $2 a unos $30, monto insuficiente para pagar los bienes básicos, cuyo costo en febrero se estimó en $365. según el Observatorio Financiero de Venezuela, organismo especializado en estudios económicos

The Center for Documentation and Social Analysis of the Venezuelan Federation of Teachers placed the price of the Food Basket in Caracas at US $ 340.21 for the month of October. In that sense, a Venezuelan would require 156 minimum wages to buy a basic food basket. By Helen Hernadez. Full Text -> OICanadian

Venezuela nearly tripled its minimum wage Saturday but inflation is so outrageous that that amount of money will not even buy a kilo of meat. Labor Minister Eduardo Pinate announced the raise to government supporters at a May Day rally in Caracas. The new monthly minimum wage is seven million bolivares, which is equivalent to $2.50. A kilo (2.2 pounds) of meat in Venezuela costs about $3.75. Full Text -> France24

Venezuelan President Nicolas Maduro recently took to the public forum to inform that the government would be raising the minimum wage in the country by a 100 percent. While the figure looks good on paper, the ground reality was that the new wage will only amount to a measly $2. by Ketaki Dixit. Full text -> TWS News