Earthquake Damage Archives - The Daily Journal

Material losses from Colombia earthquake reach $9.589 billion

August 19, 2026August 19, 2026Tatiana Da GamaLeave a Comment

The Daily Journal.— Material losses from the magnitude 7.4 earthquake that struck southwestern and central Colombia have reached a preliminary estimate of 30 trillion pesos (about $9.589 billion), Colombian President Abelardo De La Espriella said. During a televised address on Monday, the president presented an initial assessment of the earthquake’s economic impact, which struck a […]

Earthquakes caused $6.7 billion in direct damage, UNDP estimates

August 12, 2026August 12, 2026Tatiana Da GamaLeave a Comment

The Daily Journal.- The two earthquakes that struck on June 24 caused an estimated $6.7 billion in direct damage, according to the United Nations Development Program (UNDP), which warns that the main economic indicators do not fully capture the scale of the losses to assets and property. The estimate appears in the report Venezuela’s Macroeconomic […]