A seven-year standoff over Venezuelan gold nears its end - thestreet.com

A seven-year standoff over Venezuelan gold nears its end - thestreet.com

Source: thestreet.com

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DW NOTE

The Bank of England held $1.95 billion in Venezuelan gold for seven years while Maduro and Guaidó fought over who owned it. Courts backed Guaidó, then didn't, then did again. Now it's being released — not to Venezuela, but carved up between creditors with tribunal awards. Caracas gets whatever's left after the lawyers finish.

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