- An earthquake disaster has occurred, prompting the need for international aid, involving the United Nations and Caracas.
- Caracas is seeking funds for post-earthquake recovery, holding gold bars while facing disputes over gold deposits and political recognition.
Inspection took place in Caracas and Venezuela seeks to recover gold retained in England.
1 report, 1 independent
Updated Aug 17
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What happened
Inspection took place in Caracas and Venezuela seeks to recover gold retained in England.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Caracas
capital and largest city of Venezuela
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Venezuela
Country in Latin America
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England
country in north-west Europe, part of the United Kingdom
Related events
- Venezuela has nationalized its gold industry and granted operational rights for a gold mine, while the US has simultaneously imposed heavy sanctions on the sector.
- Gold Reserve is in arbitration against Venezuela.
- Due to the eroding purchasing power of the bolívar, the economic situation in Venezuela is driving increased adoption of cryptocurrency.