Embattled Chavez raises minimum wage

President Hugo Chavez announced a 25% increase in Venezuela’s minimum wage to try to blunt the effects of soaring inflation, and defended his handling of an energy crisis and other domestic problems.

President Hugo Chavez announced a 25% increase in Venezuela’s minimum wage to try to blunt the effects of soaring inflation, and defended his handling of an energy crisis and other domestic problems.

Mr Chavez challenged opponents’ predictions that his popularity could take a dive due to measures such as last week’s currency devaluation and rolling blackouts imposed by the government.

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