World Bank: Venezuela Quake Damage Hits US$19.6B

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The World Bank says the twin earthquakes that struck Venezuela on June 24 caused at least US$19.6 billion in direct physical damage. The Bank released its estimate on Thursday. It warned that the country must speed up reconstruction to reduce long-term economic losses. The disaster claimed at least 5,398 lives. Another 16,740 people were injured. […]