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الاتحاد
Venezuela Suffers $20B Earthquake Damage
According to reports from the World Bank, the two earthquakes that struck Venezuela a month ago caused damages totaling approximately $19.6 billion, with more than half of those damages affecting residential buildings. Estimates indicate that 47% of the damages pertain to residential structures, 27% to infrastructure, and 26% to non-residential buildings, such as commercial and industrial facilities. The relevant authorities are working alongside the government and developmental banks to provide technical and financial support for reconstruction, aiming to accelerate recovery efforts from the disaster.
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