Skip to main content
Back to feed
ClimateConfirmedHighFeatured
10.0

World Bank estimates $19.6 billion in damages from Venezuelan earthquakes

The World Bank reports that seismic activity in Venezuela resulted in $19.6 billion in economic losses, with residential building collapses accounting for 50% of the total. Infrastructure damage represents an additional 33% of the impact, highlighting significant structural vulnerability in the affected areas.

El País1 day agoVECredibility 58%View source

Score Breakdown

Mosaic Score10.0
Confidence0.9
Significance0.8
Source credibility0.6

Intelligence Tags

#earthquake#venezuela#economic-impact#infrastructure#world-bank

Locations

Venezuela

Entities

countryorganization
Source

Part of 2 situations

activeClimateHumanitarian23m ago

Venezuela Earthquake Response: One Month Post-Disaster, Recovery Stalls Amidst High Casualties

One month after a double earthquake struck Venezuela on June 24, recovery efforts are largely stalled, with official casualty data and comprehensive recovery plans lacking. The death toll is confirmed at 5,400, with thousands still missing, and citizens are leading search efforts due to perceived government inaction. The estimated reconstruction cost is $12 billion, representing 10.9% of Venezuela's GDP, placing significant strain on the nation's fragile economy.

→ stable·25 signals·VE, CO, USScore 7.6
activeGeopoliticsJustice23m ago

Venezuela — 5 developments

→ stable·38 signals·US, VE, IT +1Score 7.5

Related signals

8 found