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    Inflation in Venezuela Drops for Second Consecutive Year

    Published: 05/04/2012

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    “The positive trend seen in the reduction of inflation for April 2012 continues,” said Venezuela’s Minister of Planning and Finance, Jorge Giordani, during a press conference Thursday at the Central Bank of Venezuela in Caracas.

     

     


    Superior Council To Ensure Compliance with New Labor Law in Venezuela

    Published: 05/03/2012

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    The head of the Presidential Commission for the Organic Labor Law, Nicolas Maduro, announced on Wednesday that a Superior Labor Council will be created to ensure compliance with the new law. The Labor Law was enacted Monday by Venezuelan President…

     

     

    Economy Shows Sustained Growth
    Venezuelan’s Legal Minimum Income is Nearly Twice the Cost of Basic Foods

    Published: 05/02/2012

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    The legal minimum household income in Venezuela based on the 32.5 percent increase in the minimum wage recently mandated by President Hugo Chávez, when added to food benefits, is equivalent to about $700 per month, according to the latest household…

     

     


    New Labor Law Approved in Venezuela

    Published: 05/01/2012

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    The President of the Bolivarian Republic of Venezuela, Hugo Chávez, signed the new Organic Labor Law on Monday at the Miraflores Presidential Palace in Caracas. The law will now be sent to the Supreme Court of Justice (TSJ) so it…

     

     


    New Labor Law to be Approved Today

    Published: 04/30/2012

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    Venezuela’s Minister of Communication and Information Andres Izarra announced via his Twitter account, @IzarraDeVerdad, that President Hugo Chávez will approve the new Organic Labor Law (LOT) on Monday.

     

     


    Government of President Hugo Chávez Has Created 3.4 Million Jobs

    Published: 04/27/2012

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    Employment has increased under the government of President Hugo Chávez, according to statements made by the President of Venezuela’s National Institute of Statistics (INE), Elías Eljuri, during a televised interview.

     

     


    Venezuela Guarantees Social Security for Over 3 Million Independent Workers

    Published: 04/26/2012

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    The president of Venezuela’s National Institute of Social Security (IVSS), Carlos Rotondaro, highlighted the incorporation of independent workers into the pension system, which guarantees social security for the entire Venezuelan population, thanks to measures by President Hugo Chávez.

     

     


    National Electoral Council of Venezuela to Help Optimize Voting Process

    Published: 04/25/2012

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    Venezuela’s National Electoral Council (CNE) has unveiled its new Integrated Authentication System (SAI) that will allow voters to be identified through fingerprinting, which will be used to activate the electronic voting machines, thus preventing fraud. This requires the institution to…

     

     


    Venezuela Has the Region’s Third-Highest Rate of Readership

    Published: 04/24/2012

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    According to a new study by the National Center for the Book, Venezuela has the third-highest rate of readership among Latin American countries. The study finds that 50.2 percent of Venezuelans read regularly, compared to 55 percent in Argentina…

     

     


    President Chávez Approves Development Projects

    Published: 04/23/2012

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    On Sunday, Venezuelan President Hugo Chávez approved scientific projects for the development of the country’s productive economy.

     

     

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