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May 20, 2020

Why the Bank of England holds Venezuelan gold

Venezuela’s central bank is taking legal action to get its bullion back. Will Spain extend its COVID-19 emergency measures for a fifth time? An extra public holiday could boost global tourism.

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Venezuela's government has been seeking its gold from the Bank of England since 2018.
Venezuela's government has been seeking its gold from the Bank of England since 2018.
Federico Parra/AFP via Getty Images

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Why the Bank of England holds Venezuelan gold