Venezuela registered an accumulated inflation of 4.1 % in the first quarter of the year, after adding 1.2 % in March, the same as in February and 1.7 % in January, reported the Central Bank (BCV).
The 1.2 % rate is the lowest the nation has recorded since August 2012, when goods and services became…
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salary
Minimum wage in France increased
The Government of France announced this week the increase in the minimum wage in the region, which will now be 1,353 euros per month.
This increase represents 1.8%, about 24 euros, more than the minimum income that an employee received in…
The Netherlands will raise the minimum wage in 2023
The Government of the Netherlands announced that a 10 % increase in the minimum wage is planned for 2023.
The measure, which will be accompanied by the injection of some 15,000 million euros, aims to deal with the effects of inflation, as…
Salvadoran authorities analyze paying salaries with Bitcoin
Salvadoran government ministers are discussing the possibility of paying salaries in bitcoin, after the approval of the law that gives legality to the digital currency and that will come into effect next September.
Officials from the…
Inflation in Venezuela advances 19.6 % in May
Inflation in Venezuela stood at 19.6 % in May, accumulating a level of 2,950 % in the accumulated period of twelve months and 307.3 % so far this year, as reported this Wednesday by the Venezuelan Observatory of Finance.
The coordinator of…
Technology company in Virginia offers its employees payment in crypto
The technology company Sequoia Holdings, has managed to reconcile for its workers a savings plan valued in cryptocurrencies among which they distinguish: bitcoin, bitcoincash or ether, which will become part of their salary payment.
The…
Fedecámaras: Venezuelan companies cannot pay new salary increase
Economic scenario in Venezuela makes analysts consider that companies won't be able to pay the new salary increase decreed by Nicolás Maduro for all workers.
According to Carlos Larrazábal, president of Fedecámaras (Federation of Chambers…
Nicolás Maduro decrees salary raise of 122.2%
The new monthly salary for Venezuelan workers was fixed on 40,000 bolivars, that is half of the value of petro - which passed form 36 to 80 thousand bolivars - according to Extraordinary Official Gazette number 6,452 dated April 25th.…