Venezuela Gold: Old Rivals Unite to Reclaim US$4 Billion in London

About 31 tonnes of Venezuelan gold, worth roughly US$4 billion, has been frozen at the Bank of England since 2018. Now the country's government and opposition have joined forces to demand it back, hoping to fund earthquake reconstruction.

After US-backed negotiations, the two sides said they would push to access $4bn in bullion held in the UK

The government of acting president Delcy Rodríguez and a section of Venezuela's opposition closed the first round of negotiations in Caracas on Wednesday with two agreements: restarting from scratch the renewal of the Supreme Court of Justice, and acting jointly to recover Venezuelan gold reserves held at the Bank of E