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Venezuela quakes caused $19.6 billion in damage, World Bank report shows

(Reuters) – Two earthquakes that rocked Venezuela on June 24 caused $19.6 billion ​in direct physical damage, but the cost of rebuilding could be twice that much more, the World Bank said in an early assessment released on Thursday. The 7.2 and 7.5 magnitude quakes killed about 5,000 people, according to the government, destroying residential […] The post Venezuela quakes caused $19.6 billion in damage, World Bank report shows appeared first on Kaieteur News.

By KNEWS

Published 24 Jul1 min read

Venezuela quakes caused $19.6 billion in damage, World Bank report shows
Image via Kaieteur News.

(Reuters) - Two earthquakes that rocked Venezuela on June 24 caused $19.6 billion ​in direct physical damage, but the cost of rebuilding could be twice that much more, the World Bank said in an early assessment released on Thursday. The 7.2 and 7.5 magnitude quakes killed about 5,000 people, according to the government, destroying residential […] The post Venezuela quakes caused $19.6 billion in damage, World Bank report shows appeared first on Kaieteur News .

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