In an interview with RT, Paulo Nogueira Batista Jr. weighed in on the potential release of 31 tons of Venezuelan gold held by the Bank of England to fund earthquake reconstruction
The prospect of US control over Venezuela’s sovereign assets would amount to a “colonial relationship” and set a “terrible precedent” for Latin America, former IMF Executive Director Paulo Nogueira Batista Jr. has told RT.
Reports have surfaced that some 31 tons of Venezuelan gold – valued at approximately $4 billion and held at the Bank of England – could be released to fund reconstruction following earthquakes in June, but potentially placed under US Treasury…
Read the full article at RT.COM
