The agreement would give Delcy Rodríguez’s government legal control over some 31 metric tons of Central Bank gold, although it could not immediately sell the bullion. The proposal would allow the government to use the reserves as collateral for loans, including financing for reconstruction following the June earthquakes. The Daily Journal.- The interim administration of […]
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The Daily Journal.— The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued three new general licenses on Wednesday that expand authorized operations in Venezuela’s coal, gold and other mineral sectors, opening the door to trade, technology supplies and negotiations for future investments. The measures, identified as General Licenses 51D, 54C and […]
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The Daily Journal.— The release of Venezuela’s international reserve assets in gold held at the Bank of England will depend on the implementation of international audits and the transfer of the proceeds to a U.S. Department of the Treasury account, Ramón López, a delegate from the 2015 National Assembly, said in an interview with a […]
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Recovering the gold deposited in England and reshuffling the deck for the selection of Supreme Court justices are announcements that, if they materialize, would give the first dialogue process since January 3 an early victory. José Gregorio Yépez The resumption of negotiations between the Executive Branch and one sector of the opposition once again brings […]
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