economic impact Archives - The Daily Journal

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 […]

UNICEF seeks $65.7 million for Venezuela’s humanitarian response

July 25, 2026July 25, 2026Tatiana Da GamaLeave a Comment

The Daily Journal — UNICEF announced on Thursday that it will require $65.7 million over the coming months to respond to the humanitarian impact of Venezuela’s twin earthquakes. The June 24 disaster has claimed at least 5,398 lives, injured 16,740 people, and displaced 17,907, according to official figures. Target population and risks facing children In […]

Hotel industry collapse drags down tourism service providers in La Guaira

July 17, 2026July 17, 2026Tatiana Da GamaLeave a Comment

The Daily Journal. — The destruction and shutdown of hotel infrastructure along Venezuela’s Central Coast following the twin earthquakes measuring 7.2 and 7.5 have begun to trigger a chain reaction across the region’s economy. Twenty days after the disaster, the loss of lodging capacity now threatens the survival of thousands of self-employed workers and small […]