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15.08.26 - 16:06
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Post-Maduro Venezuela Wants Its $4BN In Gold Back From England (ZeroHedge)
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Post-Maduro Venezuela Wants Its $4BN In Gold Back From England
Venezuela wants its gold back. And now with Maduro having been removed and Caracas being essentially a puppet of Washington influence and interests, it has a much better chance at this than ever before.
Venezuela's government and opposition are teaming up to wrest back $4 billion in gold bullion currently locked in the Bank of England's vaults, according to a Friday report by the Financial Times.
Bank Of England/Shutterstock
A freshly issued joint statement confirmed they are actively working "to recover Venezuela's international reserve assets held in the Bank of England."
If successfully repatriated, the funds are slated in part for post-earthquake reconstruction efforts and to soften the blow of years of US sanctions, which still haven't actually been fully lifted.
The funds have been the subject of a lengthy court battle, after since 2018 the United Kingdom has blocked access by denying recognition to Venezuela'...
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14.08.26 - 16:18
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BP to develop offshore gasfield in Venezuela with firms linked to Trump administration (The Guardian)
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Move will be one of first large-scale foreign investments in country since US ousted leader Nicolás Maduro in JanuaryBP has answered Donald Trump's call for oil companies to help rebuild Venezuela's fossil fuel industry with new plans to develop a large offshore gasfield.BP will partner with two oil firms with close links to the Trump administration to develop the second phase of the Loran gasfield, in one of the first large-scale foreign investments in Venezuela since the US ousted its leader Nicolás Maduro in January. Continue reading......
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12.08.26 - 19:33
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Venezuela & Israel Restore Consular Ties After 17 Years Of No Diplomatic Relations (ZeroHedge)
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Venezuela & Israel Restore Consular Ties After 17 Years Of No Diplomatic Relations
Venezuela and Israel have agreed to restore consular relations, in a major historic shift, following the US orchestrated overthrow of longtime leader Nicolas Maduro back in January.
Interim President Delcy Rodriguez, who was Maduro's VP, is at the head of a state system that is still fundamentally the same - which can be summed up as Chavismo Socialism - except the government now serves to do Washington's bidding from opening up oil access to foreign policy realignment.
via Reuters
This external realignment has been seen most on the world stage on issues where Caracas was once among the most outspoken Global South countries condemning 'Western hegemony'.
Venezuela's minister of foreign relations, Felix Plasencia Gonzalez, announced on X on Tuesday: "The Governments of the Bolivarian Republic of Venezuela and the State of Israel report that they have agreed to continue bilateral technical cooperation...
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