A United Kingdom court has handed the Venezuelan government of Nicolas Maduro a major win today, overturning a previous ruling from a lower court that legitimized the British government’s decision to freeze Venezuelan government gold reserves held in the Bank of England. The English Court of Appeal ruled that the Conservative administration of Boris Johnson’s position that Juan Guaidó is the country’s legitimate ruler was far from equivocal, potentially paving the way for some $1.95 billion of the Central Bank of Venezuela’s gold to be accessed.
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