In a press release, Shell announced it will provide $5 million in humanitarian aid to Venezuela, channeled through the World Food Programme (WEP) and local humanitarian organizations.

The funds will be used, among other things, to support the country’s response and recovery efforts following two major earthquakes on June 24.

Shell expressed “its deepest solidarity with all those affected by the devastating earthquakes that struck Venezuela this week. Our thoughts are with the families and communities who have suffered losses and been impacted, including our employees, contractors, and partners in the country, as well as the emergency teams who continue to work tirelessly in the affected areas.”

Adam Lowmass, President of Shell Venezuela, stated: “Our priority is to support those affected, and we are collaborating with humanitarian organizations to deliver urgent aid where it is most needed. We are honored to be able to stand with Venezuela during this difficult recovery process.”

M.Pino

Source: ultimasnoticias

(Reference image source: Logan Voss on Unsplash)

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The Inter-American Development Bank (IDB) resumed relations with Venezuela last Wednesday, June 24. The new governor to the institution is Calixto José Ortega Sánchez.

Relations between the South American country and the financial institution had been suspended since 2019. From now on, Venezuela will have the support of the IDB; the acting president, Delcy Rodríguez, “will be able to access loans or financing from the bank.”

The official IDB statement indicates that “this step is part of the Executive’s policy to normalize its ties with the international financial system and multilateral institutions, in line with the recent resumption of contacts with the International Monetary Fund and the World Bank Group.”

 

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Una publicación compartida por Noticias Venevision (@noticierovenevision)

M.Pino

Source: finanzasdigital

(Reference image source: Bona Lee on Unsplash)

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La entrada IDB resumes relations with Venezuela and appoints new Governor to the institution apareció primero en Bitfinance.