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Venezuela's Blocked $4B Gold for Earthquake Aid
Venezuela is requesting the return of 31 tons of gold held in the Bank of England to fund disaster recovery efforts following recent earthquakes. The gold, worth up to $4 billion, has been frozen since the UK and other countries refused to recognize former President Maduro's government after the disputed 2018 election. While Venezuela's current government has sought to restore diplomatic relations and gain access to the gold, the Bank of England has not responded, and the dispute remains unresolved.
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