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THE earthquakes that struck Venezuela on Wednesday caused an estimated US$6.7 billion in direct physical damage, equivalent to about 6% of gross domestic product, according to a satellite-based Rapid Digital Assessment (RAPIDA) by the United Nations Development Programme (UNDP).
The assessment, based on seismic modelling, satellite imagery and population data, was conducted within hours of the quake, the UNDP stated in a release yesterday.
ON-THE-GROUND SUPPORT: Acting President Delcy Rodriguez visits a quake-damaged area where rescue workers are searching for survivors in Caracas, Venezuela, on Friday, two days after twin earthquakes struck the country.
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