Venezuela Earthquakes: $6.7 Billion Disaster and the Economic Fallout

Twin earthquakes measuring 7.2 and 7.5 have devastated Venezuela, with the UN estimating up to $6.7 billion in direct physical damage, roughly 6% of GDP. The country was already grappling with deep economic fragility before the disaster struck. CGTN's Sean Callebs spoke with Otaviano Canuto, Senior Fellow at the Policy Center for the New South, about the scale of the economic damage. #bizshow #Venezuela #earthquake #reconstruction #economy #LatinAmerica #geopolitics

0:00 How Much Damage Did the Earthquakes Cause? 0:27 Could Oil Exports Collapse? 1:18 Why Recovery Won't Be Easy 2:55 Who Will Fund the Rebuild? 4:40 Can the U.S. Deliver More Aid?

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