Venezuela asks King Charles to free £3.4billion gold reserves after earthquake

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Venezuela asks King Charles to free £3.4billion gold reserves after earthquake.

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Venezuela's interim President Delcy Rodríguez has formally appealed to King Charles III, requesting the release of roughly 31 tonnes of Venezuelan gold held at the Bank of England to fund earthquake recovery efforts.The acting leader announced on Wednesday that she had dispatched a letter to the British monarch seeking access to the frozen reserves."I decided to send a letter to the King of England to have the gold held at the Bank of England released.

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We need this gold to deal with the consequences of the earthquake," Ms Rodríguez stated during a broadcast on state television.The request places Venezuela's sovereign assets at the heart of an intensifying international discussion concerning sanctions, national sovereignty and humanitarian relief.Buckingham Palace has not publicly responded to the appeal.The twin earthquakes that struck Venezuela on June 24 have become one of the deadliest natural disasters in the nation's modern history.According to...

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