Inflation doubles in June, reaches 13.8%

The Daily Journal — Inflation in Venezuela reversed its slowdown in June, returning to double-digit monthly levels, according to figures from the National Consumer Price Index (NCPI). The index recorded a 13.8% increase in the sixth month of the year, more than double the 6.3% posted in May. The rebound ended four consecutive months of […]

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Death toll approaches 4,200 after earthquakes

The Daily Journal — The death toll from the June 24 earthquakes in Venezuela has risen to 4,118, according to the latest report presented by National Assembly President Jorge Rodríguez. The official report also lists 16,740 people injured and at least 17,907 residents whose homes suffered damage or collapsed, primarily in the coastal state of […]

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Emili Quintero helps recover the bodies of earthquake victims in La Guaira

Why is finding a loved one’s body so important for grieving families? “Finding the body means you can bury it and have a place to visit,” emphasizes paramedic Emili Quintero, who is stationed in Playa Grande. By Vanessa Davies Some people choose to carry heavy crosses. Emili Quintero appears to be one of them. A […]

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Reconstruction exceeds Venezuela’s fiscal capacity, José Guerra warns

The Daily Journal — Rebuilding the areas devastated by the June 24 earthquakes exceeds the Venezuelan government’s fiscal capacity and will require the country to secure extraordinary sources of financing to cover an investment that could reach $15 billion, economist José Guerra said. The former congressman argued that the deterioration of public finances prevents the […]

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Venezuelan government and U.S. Department of Agriculture review post-earthquake cooperation agenda

The Daily Journal — Venezuela’s interim president, Delcy Rodríguez, met with Luke Lindberg, Under Secretary at the U.S. Department of Agriculture (USDA), to review the bilateral cooperation agenda and coordinate recovery efforts following the earthquake that struck the country on June 24, according to a statement from the Presidential Press Office. According to the official […]

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UN Humanitarian Chief calls for easing sanctions on Venezuela to protect relief efforts

EFE — Tom Fletcher, the United Nations’ humanitarian chief, told EFE on Wednesday that governments should ease sanctions on Venezuela to ensure they do not hinder humanitarian assistance or the country’s recovery efforts following the twin earthquakes. “It is always important for us to have humanitarian exemptions so that nothing required for humanitarian support falls […]

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Engineering Association offers free building safety inspections to assess habitability

Trained and properly identified volunteers will conduct door-to-door inspections in the areas hardest hit by the earthquakes. By Vanessa Davies The Daily Journal — Like fractured giants. That is how hundreds of buildings in Caracas and La Guaira now stand after the June 24 earthquakes. The Presidential Commission for the Evaluation of Infrastructure Habitability has […]

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Twin earthquakes halt recovery of Venezuelan bonds and send country risk soaring

The Daily Journal — The devastating twin earthquakes that struck Venezuela on June 24 have immediately reshaped international financial market sentiment. Although the country had achieved a recovery in its sovereign fixed-income securities following the capture of Nicolás Maduro in January, much of that renewed confidence disappeared as the scale of the disaster and uncertainty […]

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Delcy Rodríguez asks the King of England to release Venezuelan gold for earthquake recovery

The Daily Journal — Venezuela’s interim president, Delcy Rodríguez, announced Thursday night that her government has launched diplomatic efforts to secure the release of blocked international assets and funds to finance reconstruction and humanitarian relief following the twin earthquakes that struck the country on June 24. Rodríguez announced a videoconference with coordinators from the 87 […]

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U.S. raises humanitarian aid to Venezuela to $386 million

The Daily Journal — The United States has increased its humanitarian assistance for Venezuela to $386 million following the June 24 earthquakes and announced the launch of an air bridge to speed the delivery of relief supplies, the U.S. Department of State said Wednesday. According to a statement from the Office of the Spokesperson, authorities […]

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