Venezuelan Earthquakes Kill 920, Deal $6.7 Billion Blow to Crippled Economy

A double earthquake in late June killed at least 920 in Venezuela and caused $6.7 billion in losses — roughly 6-7% of GDP. La Guaira, the country's principal port and import gateway to Caracas, suffered catastrophic damage to residential towers. The scale of economic loss compounds vulnerabilities in an already fragile economy dependent on informal supply networks and constrained by international sanctions.