UN Humanitarian Chief calls for easing sanctions on Venezuela to protect relief efforts

EFE — Tom Fletcher, the United Nations’ humanitarian chief, told EFE on Wednesday that governments should ease sanctions on Venezuela to ensure they do not hinder humanitarian assistance or the country’s recovery efforts following the twin earthquakes. “It is always important for us to have humanitarian exemptions so that nothing required for humanitarian support falls […]

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Venezuela creates initial $200 million reconstruction fund following the earthquakes

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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Bloomberg: World Bank to Send High-Level Delegation to Caracas to Resume Technical Dialogue

The  Daily  Journal.-  A  group  of  representatives  from  the  World  Bank  will  visit  Caracas  to  meet  with  Venezuelan  authorities,  marking  the  first  in-person  meeting  of  this  kind  since  formal relations were restored last month, according to a Bloomberg report. Venezuela  has  been  a  member  of  the  financial  institution  since  1946,  although  the  last  loan  granted […]

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