The Court of Appeal in London on Monday overturned a ruling that recognized Venezuela’s opposition leader Juan Guaido as ‘president’, as part of a dispute regarding the release of gold reserves worth $1 billion. Three judges set aside a High Court judgment in July that stated the British government had ...
Venezuela’s oil revenue has collapsed 99 percent over the last six years, President Nicolas Maduro said, blaming financial sanctions put in place by the US for much of the loss. The country is home to the world’s biggest oil reserves but has seen its economy shrink by more than half ...
