
IN a setback for President Maduro and the Central Bank of Venezuela (BCV), Britain’s Supreme Court has partly ruled in favour of self-declared “interim president” Juan Guaido over control of Venezuela’s £1.3 billion gold reserves held by the Bank of England.
The court decided that the British government has the right to unequivocally recognise Guaido as head of state, despite the fact that he controls nothing without the support of his US paymasters, intent on securing “regime change” in Venezuela.
Regime change in the South American country has long been an objective of US foreign policy. US hostility to Venezuela dates from the earliest days of Hugo Chavez’s presidency. Opposed to Chavez’s radical programme and his resistance to overbearing US influence in the region, the US supported a failed coup in April 2002 and subsequent efforts by local elites to oust Chavez.



