BRAZIL RAISES PAY FOR ALL WORKERS

The Brazilian government last week authorized a 15.88 percent pay raise for all workers, three months after it froze prices and wages indefinitely. The increase fell far short of demands by trade unions which are seeking a 49 percent rise.

The government of President Jos'e Sarney introduced its so-called ``Summer Plan'' to try to prevent hyperinflation. Prices rose 934 percent last year.

Share this story:

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK