Venezuela nears deal to tap disputed $4bn gold reserve - Financial Times
Venezuela nears deal to tap disputed $4bn gold reserve - Financial Times
Source: Financial Times
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DW NOTE
Venezuela has been locked out of this $4bn reserve since 2018 under US and UK sanctions. If London releases it now, it's not because Caracas suddenly discovered good governance—it's because someone decided the geopolitical cost of withholding it finally exceeded the cost of letting it go. Gold held in foreign vaults is only yours when someone else says so.