Venezuela Seeks Gold Return from Bank of England

Venezuela's government and opposition have reached an agreement to jointly seek the return of 31 tonnes of gold worth €4bn from the Bank of England. This move comes after two weeks of US-brokered talks, which aimed to resolve the country's current crisis.

The gold, valued at €4 billion, has been held by the Bank of England since 2018. According to reports, Venezuela is seeking to recover this gold to fund reconstruction efforts following June's devastating earthquakes.

It appears that the US-brokered talks have led to a breakthrough in negotiations between Venezuela's government and opposition. While details about the agreement are scarce, it's clear that both parties will work together to retrieve the valuable gold reserves.