Venezuela Says It Will Refine Gold In Turkey To Avoid International Sanctions
(World News Brazil)

Venezuela`s central bank started refining gold in Turkey after a new wave of international sanctions were placed on the Latin American government for the questionable re-election of President Nicolas Maduro and human rights violations, according to The Hurriyet Daily News. The country`s mining minister announced the policy on Wednesday after Caracas could no longer carry out such operations in Switzerland so they have been buying gold from small miners in southern Turkey. Venezuela then uses it as monetary gold to increase its international reserves which have fallen as the country`s economy continues to tumble amid hyperinflation. `This is an agreement established with Turkey and the...