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Foreign Secretary Dominic Raab to determine fate of £1.4bn of gold deposited in the Bank of England

Foreign Secretary Dominic Raab to determine fate of £1.4bn of gold deposited in the Bank of England
City AM
2 hrs ago
Michiel Willems
© Provided by City AM
In a case that is set to determine the fate of almost £1.4bn of Venezuelan gold deposited in the Bank of England, UK’s Foreign Secretary Dominic Raab has been granted permission to intervene at the Supreme Court during a hearing scheduled for next month.
The case at the highest court in the land is between the Central Bank of Venezuela (BCV) and the administration set up by Venezuelan opposition leader Juan Guaidó, who challenges the authority of the BCV board to deal with Venezuela’s overseas assets. ....

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2nd Circ. Told $1.9B In Debt Valid Despite Venezuelan Actions

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2nd Circ. Told $1.9B In Debt Valid Despite Venezuelan Actions
Law360 (May 17, 2021, 7:01 PM EDT) A lower court was right to find that Venezuela s state-owned oil company is responsible for $1.9 billion in principal and interest on defaulted Citgo-backed bonds and that any holding to the contrary would disrupt foundational capital market principles, debtholder interests told the Second Circuit.
The bonds, which use a majority stake in Citgo Holding Inc. as collateral, are intimately tied to New York: They were issued there, subject to New York state law and purchased by Empire State investors, the collateral agent and trustee of the 2020 notes at issue told the court. Even though the National Assembly of Venezuela concluded. ....

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María Corina Machado talks Venezuelan crisis during Princeton event

María Corina Machado talks Venezuelan crisis during Princeton event
dailyprincetonian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyprincetonian.com Daily Mail and Mail on Sunday newspapers.

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Argentina withdraws from Lima Group backing regime change in Venezuela

Argentina withdraws from Lima Group backing regime change in Venezuela
morningstaronline.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstaronline.co.uk Daily Mail and Mail on Sunday newspapers.

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"The Maduro regime has become a crime syndicate and Iran is a main destination for uranium smuggling from Venezuela", says Juan Guaidó

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RIO DE JANEIRO, BRAZIL- It is public knowledge that several members of the military have been arrested after smuggling uranium from Venezuela, and we believe Iran is one of the main destinations,” said former interim President of Venezuelan Juan Guaidó over the weekend.
In an interview with newspaper Israel Hayom, Guaidó discussed his fears of being arrested by the regime of President Nicolás Maduro, sounded the alarm over Iran’s infiltration of the South American country.
Some two years ago, after being chosen as the president of the National Assembly of Venezuela, Guaidó rose to international prominence as the . . . ....

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