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Natural Disasters

USGS lowers estimate of potential damage from quake in Venezuela

According to the new estimate, the losses can amount to between 1 and 5% of the country’s GDP

WASHINGTON, June 25. /TASS/. The US Geological Survey (USGS) has lowered its estimate of potential damage from the earthquake in Venezuela to between 1 and 5% of the country’s GDP.

The previous forecast put potential losses from 2 to 20% of GDP.

The earthquake struck Venezuela on Wednesday evening, with two series of shocks with magnitudes 7.2 and 7.5 within 40 seconds. Their epicenters were located ten kilometers apart in the state of Yaracuy.

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Natural disasters Venezuela

Earthquake in Japan

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