The Trump administration and Venezuelan officials are exploring ways to unfreeze billions of dollars in overseas Venezuelan assets to help recovery from two earthquakes, sources say. The proposal aims to enable economic reconstruction without adding costs to US taxpayers or requiring Washington to deploy funds beyond the $386m already pledged. Venezuela remains unable to secure billions from the IMF or to access gold and other assets held at the Bank of England and other overseas accounts.

2026-07-24

The Trump administration and Venezuelan officials are exploring ways to unfreeze billions of dollars in overseas Venezuelan assets to help recovery from two earthquakes, sources say. The proposal aims to enable economic reconstruction without adding costs to US taxpayers or requiring Washington to deploy funds beyond the $386m already pledged. Venezuela remains unable to secure billions from the IMF or to access gold and other assets held at the Bank of England and other overseas accounts.