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The Bank of England
VENEZUELAN rights campaigners in Britain backed Caracas’s claims yesterday that the Bank of England (BoE) is infringing on human rights by denying the South American nation access to its own gold reserves.
Legal representatives of the Central Bank of Venezuela (BCV) said on Monday that the BoE was “putting lives at risk” by refusing to release around $1.13 billion (£895,000) of gold reserves, which the country could use to fight the health emergency precipitated by Covid-19.
Venezuela is seeking a court order for the urgent release of about $930 million (£736m), which would be transferred directly to the United Nations Development Programme (UNDP) in order to acquire healthcare equipment, medicine and food.
The campaign against the Bank of England’s ongoing theft of Venezuelan gold is gaining support across the labour movement and beyond, writes MATT WILLGRESS
The global left must be unwavering in it is support for Venezuela as Washington increases its aggression, and clear-eyed about the West’s cynical motives for targeting it, says CLAUDIA WEBBE