Venezuelan Leader Appeals to King Charles III for Release of Gold Reserves

Delcy Rodríguez, the interim president of Venezuela, has reached out to King Charles III of the UK, requesting the release of Venezuelan gold stored at the Bank of England. This gold, amounting to 31 tons, is crucial for the country’s recovery efforts following devastating earthquakes that have resulted in 3,811 fatalities and left thousands homeless. Rodríguez also discussed with IMF Director Kristalina Georgieva the need to access $5.1 billion in Special Drawing Rights held by Venezuela. She emphasized the urgent need for the lifting of sanctions that hinder Venezuela's recovery and highlighted the dire humanitarian situation following the earthquakes.

Key Details: • Delcy Rodríguez sent a letter to King Charles III on Wednesday. • Venezuela's earthquakes have caused 3,811 deaths and displaced nearly 18,000 people. • Venezuela seeks access to 31 tons of gold in the Bank of England. • The country also has $5.1 billion in Special Drawing Rights with the IMF.