Caracas (Venezuela) - Venezuela’s embattled President Nicolas Maduro has announced a 50 percent increase in the minimum wage in a bid to combat runaway inflation.

Caracas (Venezuela) - Talks between the Venezuelan government and a coalition of opposition parties have reached a stalemate which facilitators from the Vatican are hoping to break.

Phillip Hammond, British Chancellor of the Exchequer, the man in charge of the public purse has delivered his first autumn statement since taking over from George Osbourne and the premier treasury statement since the Brexit vote.

Much more expensive fuel was one of the reasons that US consumer prices recorded their biggest gain in five months in September – up 1.5 percent year-on-year and 0.3 percent higher compared to August.