Tag: Reconstruction

Economic reality is another earthquake: Venezuela’s reconstruction requires coordination, not a state monopoly

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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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OFAC temporarily authorizes Transactions for humanitarian aid following Venezuela earthquake

Tatiana Da GamaLeave a Comment on OFAC temporarily authorizes Transactions for humanitarian aid following Venezuela earthquake

The Daily Journal. — The U.S. Department of the Treasury issued a general license Thursday that temporarily authorizes transactions related to humanitarian relief efforts following the earthquake in Venezuela, partially easing restrictions under the country’s sanctions program. The Office of Foreign Assets Control (OFAC) issued General License No. 60, allowing “all transactions related to earthquake […]

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