In the wake of two devastating earthquakes that rocked Venezuela on June 24, numerous economists and humanitarian organizations are calling on the United States and other world powers to lift economic sanctions on the country in order to facilitate its economic recovery.
The United Nations has estimated that the economic toll of the natural disaster amounts to $37 billion, more than 30% of Venezuela's gross domestic product. Economists warn that, after years of sharp decline, the country will not be able to rebuild and recover under the current circumstances.
