Why Venezuela can’t access $4 billion in gold that could help with earthquake recovery

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Venezuela is unable to access $4 billion worth of gold reserves held in a secure vault, complicating efforts to recover from an earthquake. The issue is entwined with ongoing political instability and disputes over control of these assets.

It’s a fight for control over a stash of gold locked away in one of the world’s largest and most secure vaults, but this is no 18th century pirate novel or bank heist movie. It’s the situation facing the Venezuelan government as it attempts to navigate its way through political upheaval and the aftermath of … The post Why Venezuela can’t access $4 billion in gold that could help with earthquake recovery appeared first on Egypt Independent.