IDB donates $1 million for humanitarian assistance in Venezuela

The Daily Journal. The Inter-American Development Bank Group (IDB Group) announced on Thursday a financial aid package of at least $1 million to support emergency operations in Venezuela after the powerful twin earthquakes that caused extensive damage along the country’s central coastline and in Caracas. The bank will provide the funding through non-reimbursable emergency technical […]

Continue Reading

Nearly 20,000 people survived the earthquakes in the hardest-hit Areas of La Guaira

The Daily Journal — Venezuela’s government announced Tuesday that nearly 20,000 people survived in the areas hardest hit by the June 24 earthquakes in La Guaira state. Officials described the rescue operation as “heroic” and said emergency teams pulled 6,461 people alive from the rubble. During an official briefing, Jorge Rodríguez, president of the National […]

Continue Reading

An improvised morgue opens at the Port of La Guaira

AFP — Forensic doctors wearing blue gowns and caps walk among dozens of bodies lying in bags on the ground inside an improvised morgue at the port of the area hardest hit by the powerful double earthquake that struck Venezuela. Some bodies already rest inside wooden coffins, which also sit on the floor. Near the […]

Continue Reading

Economic reality is another earthquake: Venezuela’s reconstruction requires coordination, not a state monopoly

The Daily Journal — Economist Asdrúbal Oliveros has brought a sobering reality to the forefront, one that forces the country to look beyond the physical destruction and the undeniable human tragedy. The recent earthquake has carved a deep crack into Venezuela’s already fragile financial structure. According to the analyst’s preliminary estimates, the material losses are […]

Continue Reading

CAF creates a reconstruction fund after earthquakes and commits $1 million

The Daily Journal. — The Development Bank of Latin America and the Caribbean (CAF) has announced the creation of the Venezuela Recovery and Reconstruction Fund, a trust designed to gather resources from multiple sectors and channel them toward addressing the crisis caused by the June 24 earthquakes. The initiative complements an earlier direct donation of […]

Continue Reading

Oil companies mobilize equipment to Venezuela’s disaster zone

Julio A. López, Editor-in-Chief.— Several companies in the energy sector have begun moving heavy equipment and specialized personnel into the areas devastated by the earthquakes that struck Venezuela, joining the search, rescue, and recovery effort. The Daily Journal has obtained internal emails ordering an immediate review of equipment availability, the reactivation of existing contracts, and […]

Continue Reading