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INTERNATIONAL FINANCE CORPORATION.


INTERNATIONAL FINANCE CORPORATION, part of the World Bank Group, loaned US$30 million to local power company Electricidad de Caracas Caracas (kəră`kəs, kərä`–, Span. kärä`käs), city (1990 pop. 1,824,892), Federal Dist., N Venezuela, the capital and largest city of the country, near the Caribbean Sea. Its port is La Guaira.  to restore electricity in areas affected by devastating dev·as·tate  
tr.v. dev·as·tat·ed, dev·as·tat·ing, dev·as·tates
1. To lay waste; destroy.

2. To overwhelm; confound; stun: was devastated by the rude remark.
 mudslides in January January: see month. .
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Title Annotation:gives loan to Electricidad de Caracas
Comment:INTERNATIONAL FINANCE CORPORATION.(gives loan to Electricidad de Caracas)
Publication:Latin Trade
Article Type:Brief Article
Geographic Code:3VENE
Date:Apr 1, 2000
Words:31
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