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 […]

Continue Reading

Dudamel bids farewell to Los Angeles Philharmonic with benefit concert for Venezuela

The Daily Journal – Gustavo Dudamel bid farewell to the Los Angeles Philharmonic after 17 years as its music director with a benefit concert for the victims of the two powerful earthquakes that struck Venezuela on June 24. Under the title “Concert for Venezuela,” the event took place at the Hollywood Bowl, where Dudamel shared […]

Continue Reading

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 […]

Continue Reading

Inflation accelerates to 19.9% in July following impact of double earthquake

The Daily Journal.- Inflation in Venezuela accelerated for the second consecutive month, reaching 19.9% in July, up from 13.8% in June, according to the National Consumer Price Index (INPC) published by the Central Bank of Venezuela (BCV). The figure marks the highest monthly level since January and confirms a shift in trend after four consecutive […]

Continue Reading

UNDP: Venezuela’s economy to grow 6.5% in 2026, with inflation near 385%

The Daily Journal.— The United Nations Development Program (UNDP) projects that Venezuela’s Gross Domestic Product (GDP) will grow by approximately 6.5% by the end of 2026, supported by stronger oil activity and greater access to private capital, even as the country faces estimated inflation of 385%. The multilateral organization presented the estimate in its Venezuela […]

Continue Reading

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 […]

Continue Reading

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, […]

Continue Reading

Venezuelan government and U.N. outline recovery plan after earthquakes

The Daily Journal — Acting President Delcy Rodríguez met on Wednesday with Gianluca Rampolla, the United Nations Resident Coordinator in Venezuela, to define the recovery and assistance plan for the victims of the earthquakes that struck the country on June 24. Officials held the meeting in Caracas to strengthen the humanitarian response framework, reinforce transparency, […]

Continue Reading

VenAmCham and UNDP formalize partnership to advance development projects

The Daily Journal. — The Venezuelan-American Chamber of Commerce and Industry (VenAmCham) and the United Nations Development Program (UNDP) signed a Memorandum of Understanding to strengthen institutional cooperation, encourage responsible investment, and expand private-sector participation in economic and social development initiatives across Venezuela. The agreement establishes a collaborative framework to connect VenAmCham’s member companies with […]

Continue Reading

Jacqueline Faría and Francisco Garcés to lead infrastructure and transportation reconstruction after earthquakes

The Daily Journal — Acting President Delcy Rodríguez announced changes to her cabinet and the creation of a high-level body that will oversee and coordinate Venezuela’s national reconstruction effort following the earthquakes that struck the country on June 24. Rodríguez appointed Francisco Garcés as the new Minister of Transportation. She highlighted his technical background, describing […]

Continue Reading