About: http://data.cimple.eu/news-article/7cbb04912d2a7382229f370a574b9534be4e6d3420a226d851e25a36

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About: http://data.cimple.eu/news-article/7cbb04912d2a7382229f370a574b9534be4e6d3420a226d851e25a36 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	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. The once-wealthy oil producer is enduring its fourth year of hyperinflation and its eighth year of recession. Venezuela is now in the worst economic crisis of its modern history. Inflation is so bad that the everyday economy now works mainly in dollars. The leftist government of President Nicolas Maduro is under international sanctions championed by the United States, which is pushing for his ouster and does not recognize him as the country's legitimate president. Maduro has stopped announcing wage increases with much fanfare as was done in the days of his mentor and predecessor, the late socialist firebrand Hugo Chavez. In fact, this latest raise was not even published in the official government gazette. jt/dw/mdl
schema:headline	Venezuela triples wages but still not enough to buy food
schema:mentions	Deutsche Welle Protest Hugo Chávez Caracas Recession Nicolás Maduro Australian Labor Party Inflation Minimum wage Venezuela United States President of the United States Government gazette Hyperinflation May Day Eduardo V. Manalo Sanctions against Iran
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-05-01 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	67 (xsd:integer)
http://data.cimple...tology#hasEmotion	anger

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