The Daily Journal.— Venezuela’s acting president, Delcy Rodríguez, announced Thursday the creation of an initial fund worth $200 million to finance the reconstruction of areas affected by the June 24 earthquakes. She said the government expects to recover those resources through the International Monetary Fund. During a press conference with international media, Rodríguez explained that […]
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The Daily Journal. John Barrett, the United States Chargé d’Affaires for Venezuela, said Wednesday that no significant obstacles have hindered the distribution of humanitarian aid to the areas affected by the June 24 earthquakes. He also stated that non-governmental organizations have not reported any confiscation or detention of relief supplies. Barrett made the remarks in […]
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The Daily Journal. The Inter-American Development Bank Group (IDB Group) announced on Thursday a financial aid package of at least $1 million to support emergency operations in Venezuela after the powerful twin earthquakes that caused extensive damage along the country’s central coastline and in Caracas. The bank will provide the funding through non-reimbursable emergency technical […]
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Editorial by Dr. Juan Barreto – Children are both our sanctuary and our greatest treasure. They are the chest that holds innocence, purity, and the promise of tomorrow. When we believe everything is lost, we can still cling to the hope that one day, something may yet be saved. They are that last gift at […]
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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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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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