Nicolás Maduro ordered an increase of 300% of the minimum wage on Monday, the 26th time he makes an announcement of this kind during his term. Also, an increase in the petro cryptocurrency was decreed and the president highlighted the economic management of his government, which he said in his annual report helped to turn Venezuela into the country with “greater socioeconomic equality”.
French president Emmanuel Macron has promised a minimum wage rise and tax concessions in response to weeks of violent protests. France has seen four weekends of violent protests against fuel tax rises, living costs and other issues. Speaking in a televised address, Mr. Macron condemned the violence but said the protesters' anger was deep, and in many ways legitimate.