Venezuela raises minimum wage by 30%

Venezuela will raise the minimum wage by 30% on 1 May, President Nicolas Maduro has announced. He said he would also raise pensions by the same amount. The increase is below the level of annual inflation, which official figures put at 56.2% for 2013. The announcement comes after almost three months of mass protests against Mr Maduro's government triggered by rising inflation, shortages of some basic goods and a high crime rate.
Background:
Venezuela to raise minimum wage by 30%, Maduro says [BBC]
Venezuela's Maduro hikes salaries by 30 percent [GlobalPost]