Government has allocated just 8.4% of homes promised to earthquake victims

The Daily Journal.- The Venezuelan government has allocated 335 new homes to families affected by the June 24 earthquakes, representing 8.4% of the 4,000 homes that Delcy Rodríguez’s administration has pledged to deliver before the end of 2026. “We have delivered 335 new homes, benefiting 1,172 people, and restored 1,001 homes, benefiting 3,503 people,” Rodríguez […]

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Debris removal in La Guaira could take at least a year

The Daily Journal – Removing the debris left by the two powerful earthquakes that struck Venezuela two months ago could take approximately one year, according to estimates from specialists and the government headed by Delcy Rodríguez. Meanwhile, authorities have yet to begin housing reconstruction formally, and thousands of people who lost their homes remain in […]

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U.S. delivers 20 machines to speed up debris removal after earthquakes

The Daily Journal.- The United States delivered 20 remotely operated heavy machines to Venezuela to speed up the removal of debris left by the June 24 earthquakes, according to John Barrett, Chargé d’Affaires at the U.S. Embassy in Caracas. The United States coordinated the delivery with U.S.-based TFI Solutions. The machines will operate in hard-to-reach […]

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Oxford Economics cuts Venezuela’s 2026 growth forecast to 6.3%

The Daily Journal.- Oxford Economics cut its 2026 growth forecast for Venezuela by two percentage points to 6.3% after factoring in the impact of the June 24 earthquakes, Bloomberg reported. The firm also made a more modest adjustment to its 2027 forecast. It now expects the economy to grow 15.5%, one-tenth of a percentage point […]

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Earthquakes caused $6.7 billion in direct damage, UNDP estimates

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 […]

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Foreign Ministers of Venezuela and Spain hold phone call

The Daily Journal – Venezuelan Foreign Minister Félix Plasencia and his Spanish counterpart, José Manuel Albares, spoke by phone on Sunday. The conversation focused on bilateral issues and potential areas of cooperation as Venezuela moves through its reconstruction phase following the June 24 earthquakes. “Today I held a cordial and productive call with Spain’s Minister […]

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Business leaders demand reconstruction plan rely on Venezuelan companies

The Daily Journal – Nearly two months after the two major earthquakes that devastated parts of the country on June 24, the Venezuelan Confederation of Industrialists (Conindustria), the Venezuelan Chamber of Construction (CVC) and the United Nations Development Programme (UNDP) held a high-level meeting to define the operational and strategic phases of Venezuela’s Reconstruction Plan, […]

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What will happen to Venezuela’s funds frozen abroad?

The Daily Journal.— Following the events of January 3, 2026, and amid changing relations between Venezuela and the United States, the fate of Venezuelan state funds frozen abroad has once again become a major issue. According to Bloomberg, Washington is considering a partial release of frozen assets, estimated at between $20 billion and $30 billion, […]

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At least 1,579 people remain missing after earthquakes, La Guaira governor says

The Daily Journal.— At least 1,579 people remain missing following the June 24 earthquakes, a disaster that has claimed 6,125 lives, according to La Guaira Governor José Alejandro Terán, who spoke Tuesday with Colombia’s Caracol Radio. The governor said the figures come from a census currently underway in the disaster zone. “Based on the information […]

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La Guaira governor reports 1,338 missing people after the earthquakes

The Daily Journal — La Guaira Governor José Alejandro Terán reported that authorities have received reports of 1,338 missing people one month after the magnitude 7.2 and 7.5 earthquakes struck Venezuela’s central coast. He added that officials still need to verify the figure by cross-checking multiple databases. Terán shared the information during a radio interview […]

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