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 […]

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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 […]

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Venezuela experienced a seismic doublet

Venezuela may have faced one of the most destructive seismic phenomena: a nearly simultaneous seismic doublet. Julio A. López. — The two earthquakes that struck Venezuela on June 24 not only surprised observers because of their magnitude, but also because they occurred extraordinarily close together in both time and location. Early analyses suggest the country […]

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Fedecámaras and German industry leaders strengthen ties in Berlin to open investment opportunities

The Daily Journal — A delegation from Venezuela’s private sector held a high-level meeting in Berlin with the German Chamber of Commerce and Industry (DIHK). The main objective was to present Venezuela’s investment portfolio and the wide range of business opportunities currently available in the country. The German-Venezuelan Chamber of Commerce (AHK Venezuela) organized and […]

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Brazilian business delegation in Venezuela strengthens bilateral economic and trade integration

The Daily Journal — The Brazilian Embassy in Caracas held a successful meeting with business associations and private-sector representatives to boost economic ties between the two countries. Venezuelan participants had the opportunity to exchange ideas with the Brazilian Multisector Business Mission and to identify new strategic investment and cooperation opportunities. The delegation received support from […]

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