Monday, June 16

Yahoo / Reuters Peruvian President to Get a Pay Cut: "[Finance Minister Javier ] Silva Ruete, speaking on local radio, did not mention the amount of the pay cut but he said late on Friday in the northern city of Trujillo that Toledo's monthly pay would be slashed by 30 percent to $8,400 and that of most ministers by 20 percent to $8,000." Belated reaction to public pressure about salaries being earned by high-ranking government officials. Toledo's salary was one of the highest paid to a head of state in Latin America.

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