UK Supreme Court backs Venezuela's Guaidó, bringing him closer to $1bn in gold reserves
CNN
Venezuelan opposition leader Juan Guaidó is one step closer to securing control of more than $1 billion dollars in gold reserves stored at the Bank of England, after Britain's Supreme Court unequivocally recognized him as President of Venezuela on Monday evening.
Reversing a previous decision by the Court of Appeal, the Supreme Court ruled that recognition of heads of state and government was solely the responsibility of the British government, which had recognized Guaidó as Venezuela's Constitutional interim President.
The decision follows a lengthy battle over the gold between Nicolas Maduro -- who claimed a second term as Venezuela's President following a widely disputed presidential election in 2018 -- and Guaidó, then the head of the opposition-controlled National Assembly who has led the battle to have Maduro replaced since that vote.
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