UK Court Decision on Venezuela Gold Deals, Blow to Regime Change Efforts. One Billion Dollars of Country’s Gold to be Released

The United Kingdom and the United States have been leaders in a years-long economic and political campaign to oust Maduro from power, hitting the country with sanctions and attacking it politically. When Maduro attempted to use the impounded gold to buy humanitarian aid from the United Nations to deal with the coronavirus pandemic, the Johnson administration blocked it

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ByAlan MacLeodGlobal Research, October 07, 2020MintPress News5 October 2020

A UK court ruled that the administration of Boris Johnson’s position that Juan Guaidó is the legitimate ruler of Venezuela is far from equivocal, paving the way for over $1 billion of the country’s gold to be released.

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AUnited Kingdom court has handed the Venezuelan government ofNicolas Maduroa major win today, overturning a previous ruling from a lower court that legitimized the British government’s decision to freeze Venezuelan government gold reserves held in the Bank of England. The English Court of Appeal ruled that the Conservative administration of Boris Johnson’s position thatJuan Guaidóis the country’s legitimate ruler was far from equivocal, potentially paving the way for some$1.95 billionof the Central Bank of Venezuela’s gold to be accessed.

Following President Trump’s lead, in July, the U.K. government took the extraordinary step…

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