Venezuela's Rodriguez Boosts Workers' Pay, Eyes U.S. Ties

0:00On April 9th, Venezuela's acting president, Delsey Rodriguez, just announced a responsible bump to workers' incomes coming May 1st. She's tying it to growth in oil and mining, sectors that could bring quick cash once production ramps up. No exact numbers dropped yet, but it's aimed at steadily fixing salaries, hit hard by years of economic pain. Right now, the base minimum wage sits at 130 Bolivari's a month since March 2022. That's worth just pennies. Workworkers often pull in closer to $150 with bonuses, but it's still tough out there amid sky high inflation. Rodriguez stressed the raise with factor in those inflation pressures, keeping things balanced as more resources flow in. She's also pushing hard to lift U.S. sanctions, pointing to warmer ties, since American forces nab Nicolas Maduro in a Caracas raid earlier this. Yee-haw. The Trump team is now collaborating with her, eyeing bigger roles in Venezuela's oil and mining plays. He's backing new laws for private and foreign cast to flow in, but drawing a line on full

1:03privatization. To wrap it up, expect the commission soon to sort strategic state assets, ensuring key players like the oil giant PDBSA stay protected while the economy pushes forward. This has been Global News Today, powered by AI. I'm Corey with the story.