Venezuela files claim to force Bank of England to hand over gold

Malaysia News News

Venezuela files claim to force Bank of England to hand over gold
Malaysia Latest News,Malaysia Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Venezuela's central bank has made a legal claim to try to force the Bank of England to hand over €930 million ($1.02 billion) of gold so President Nicolas Maduro's government can fund its coronavirus response, according to the document submitted in a London court.

FILE PHOTO: A cyclist is seen infront of the Bank of England as the spread of the coronavirus disease continues, London, Britain, April 14, 2020. REUTERS/John Sibley/File Photo

The Bank of England declined to comment on the claim. The Venezuelan central bank did not respond to a request to comment. The funds, once transferred to the United Nations Development Programme, would be used to buy healthcare equipment, medicine, and food to address Venezuela’s “COVID-19 emergency,” the document seen by Reuters said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Reserve Bank of New Zealand says registers Chinese bank ICBC for banking services in New ZealandReserve Bank of New Zealand says registers Chinese bank ICBC for banking services in New ZealandThe Reserve Bank of New Zealand (RBNZ) said on Monday it has registered Industrial and Commercial Bank of China Ltd (ICBC) , the world's biggest commercial lender by assets, to provide banking services in New Zealand.
Read more »

Israel's bloated unity government and its West Bank annexation, explainedIsrael's bloated unity government and its West Bank annexation, explainedWe look into who controls what in the West Bank as its total annexation is the top priority of Israel's new government.
Read more »

Stocks making the biggest moves midday: Moderna, Delta, Bank of America, Best Buy, Disney & moreStocks making the biggest moves midday: Moderna, Delta, Bank of America, Best Buy, Disney & moreModerna shares spike on 'positive data' from its coronavirus vaccine trial. Netflix shares slip as investors rotate out of 'stay-at-home' stocks.
Read more »

‘Billions’ Recap, Season 5, Episode 3: Why Would Bobby Axelrod Want to Buy a Bank?‘Billions’ Recap, Season 5, Episode 3: Why Would Bobby Axelrod Want to Buy a Bank?Axe is already in the 0.00000001%. In real life, you could count the number of bankers worth more than Bobby on one hand.
Read more »

New Zealand central bank could expand, extend QE: officialNew Zealand central bank could expand, extend QE: officialNew Zealand's central bank could expand its government bond buying programme further though it hopes to have more certainty in about three months' time on whether to go harder or ease back stimulus, a top official said on Tuesday.
Read more »

Israel's unity government and its occupied West Bank annexation, explainedIsrael's unity government and its occupied West Bank annexation, explainedWe look into who controls what in the occupied West Bank as its total annexation is the top priority of Israel's new yet bloated government.
Read more »



Render Time: 2025-04-08 06:43:14