Central Bank of Venezuela

Para el venezolano, la pregunta es: okey, sí, eh, ahora este dinero va a ser administrado por la administración Trump y nos va a llegar al pueblo.

¿Cómo nosotros sabemos eso? Porque lo último que han estado haciendo con el poco dinero que se ha transferido hasta el momento, porque esto todavía está en proceso, es que lo está mandando, eh, el, el-- la entidad que transfiere el dinero hacia Venezuela lo estaba mandando al Banco Central en Venezuela.

Y el Banco Central en Venezuela, eh, está administrado por el gobierno de Delcy Rodríguez, que sabemos que el gobierno de Delcy Rodríguez ahora mismo está siendo servicial al gobierno de Trump, que tienen negociaciones y que ya está como, aquí le dicen, no quiero decir la palabra, pero como, como, bueno, no voy, no voy a decir la palabra, pero para ser más nice, como títere, ¿no? De Trump, dicen cosas peores.

Pero-

Ya va.

La gente lo duda.

El venezolano dice: "No creo, no confío, estoy traumado".

La gente puede, la gente puede dudar lo que quiera, porque-- pero la evidencia, la evidencia es de que cuando se está transfiriendo el dinero vía el Banco Central, ¿qué se creen ustedes que está pasando con su dinero en su bolsillo? Claro.

On 2014, the World Bank just flat out stopped publishing the economic data from Venezuela, and they were kicked out years ago by Hugo Chávez from Venezuela.

The other thing is that the BCV, the Venezuelan Central Bank, uh, is, mm, untrustworthy, to say the least, regarding their economic data.

Uh, sometimes they go just radio silence, uh, months, even years without publishing data, let alone accurate data.

And also, the econ- the publishing of the BCV usually is politicized, uh, favors the political bias of the authorities during the Chavismo era.

So therefore, uh, the IMF for the next few years, and right now their data regarding Venezuela is, I won't say it's inaccurate, but it's lacking, to say the least, on the past.

That's the past, let's say, decade.

And for the next few years, the data from the IMF will be untrustworthy.

I do this for a living, so I'm telling you, uh, for now, don't trust the IMF data regarding Venezuela because they are using untrustworthy sources.

In February 2019, the then Foreign Secretary Jeremy Hunt issued a statement recognising Juan Guaido as the Constitutional Interim President of Venezuela.

Guaido, armed with a piece of paper from the British government, appointed his own board to the Central Bank of Venezuela, That board wrote to the Bank of England instructing it not to release the gold to Maduro.

Guaido told the Financial Times in May 2020 that Britain would be financing torture by handing it over.

At more or less the same time, Maduro's board of the same central bank sued the Bank of England to force it to hand the gold over.

The UK doesn't recognize Guaido anymore, his central bank board was his appointment, so the appointment is void and the gold goes to Caracas.

In June 2023, the Court of Appeal in Deutsche Bank v.

Central Bank of Venezuela said no, withdrawing recognition operates forward, not backward.

Guaido was the recognized president at the moment he made the appointments, so the appointments were valid acts of a foreign state when made, and an English court cannot go back and unmake them.

So, you know, so we can collaborate with the rest of the spaces.

We, we did our BCV pop-up.

We were able to do it at the rooftop bar and that was a nice.

Nobody knew you had a