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Venezuelan Gov’t Demands Return of UK-Held Gold, Eyes Production Increase

Rodríguez made the announcement during a Wednesday cabinet meeting. (Presidential Press)

Caracas, October 29, 2026 (venezuelanalysis.com) – Venezuelan Acting President Delcy Rodríguez has instructed the Foreign Ministry and the Attorney General’s Office to advance diplomatic and legal efforts to recover 31 tonnes of Venezuelan gold held by the Bank of England’s vaults for more than six years.

The freeze on the reserves, currently valued at around US $4 billion, dates back to the United Kingdom’s refusal to recognize Nicolás Maduro’s 2018 reelection. A year later, opposition leader Juan Guaidó formally asked British authorities to prevent the Venezuelan government from accessing the gold.

During a cabinet meeting on Wednesday, Rodríguez described the ongoing freeze as a theft. 

“It is a mockery, but one aimed at illegitimately appropriating Venezuela’s gold reserves. We want no more excuses. Even the irrational lawsuit pursued by opposition factions was withdrawn by the very same people who brought it,” she said.

Rodríguez added that she “will not give up” on the claim and recalled that “there is an agreement among Venezuela’s political sectors” to secure the gold’s return. 

The Venezuelan government and an opposition sector representing the defunct 2015 National Assembly have been engaged in a US-backed dialogue process. On October 21, the delegations agreed to establish a joint commission to engage with London and seek the return of the reserves. The parties announced that the funds would be destined for post-earthquake reconstruction efforts, though Rodríguez has also pledged to use it to bolster public services and the electricity grid.

The acting leader had previously written to King Charles III requesting the release of the gold. In September, London and Caracas likewise began a diplomatic rapprochement and announced plans to appoint ambassadors to their respective missions.

According to reports, the Venezuelan gold is set to be transferred to the US Federal Reserve in New York, where its sale or use as collateral for loans would be contingent on the Trump administration’s approval and subjected to foreign audits.

Wednesday’s cabinet meeting additionally saw Rodríguez announce the arrival of 41 heavy machinery units to southeast Bolívar State to strengthen the Venezuelan Mining Corporation’s (CVM) operations at the Chocó plant.

The acting president said the delivery was part of a comprehensive state plan to acquire 544 pieces of equipment, including surface and underground machinery, drilling equipment, and mobile units. 

“More than 60 percent of this purchase will have arrived before the end of the year. What does that tell us? More gold production in 2027,” she affirmed. The Venezuelan executive has pushed a pro-business overhaul of mining legislation in recent months in a bid to court foreign investment. In September, New York-based Heeney Capital and commodities trader Mercuria Energy received a 30-year concession of the Chocó 10 mine in Bolívar State.

Rodríguez also promised short-term relief from electricity outages, often lasting up to 12 hours a day in certain parts of the country. However, she criticized the recurrent protests against blackouts

“I have not seen a single megawatt added to the national electricity system, which has been battered by the blockade, as a result of burning a tire (…) Soon, you will see relief in a country that has been hit so hard by the sanctions demanded by radical sectors,” she said.

Venezuelan authorities have pledged to restore 1,300 MW of generation capacity before the end of the year to mitigate a current deficit of around 4,500 MW. The Venezuelan National Assembly is close to approving a reform that will open electrical generation, transmission, distribution, and commercialization to the private sector.

Caracas has also turned to multinational corporations in a bid to recover the electrical grid.

However, GE Vernova CEO Scott Strazik stated that the company had already selected its contractors and completed the planning work but had not begun repairs because it has yet to be paid. “This is not an environment in which we are going to act without receiving payment upfront,” he said.

Meanwhile, popular organizations and trade unions staged demonstrations in Caracas and other cities on Tuesday. Through the newly formed “Blackout Victims Committee,” activists criticized the government for prioritizing the oil industry to satisfy US interests at the expense of rationing electricity throughout the country.

Edited by Ricardo Vaz in Caracas.

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Venezuelan: Acting Rodríguez Gov’t Advances Fiscal, Labor Reforms

Venezuela authorities have connected banking and fiscal information to expand tax collection. (Presidential Press)

Caracas, October 24, 2026 (venezuelanalysis.com) – Venezuelan Acting President Delcy Rodríguez announced a series of measures aimed at expanding tax collection.

In a televised broadcast on Wednesday, Rodríguez announced the immediate suspension of the mandatory use of fiscal printers. Introduced in 2018, the devices recorded every transaction and reported it in real time to the country’s National Integrated Customs and Tax Administration Service (SENIAT).

The costly equipment posed a significant barrier for entrepreneurs and small business owners, particularly in the country’s interior, where authorized suppliers are scarce.

Superintendent Román Maniglia said the decision is part of SENIAT’s technological modernization that will pave the way for the gradual introduction of digital invoicing, which will soon be available free of charge to all economic sectors. 

“We seek to lower the barriers to formalization across all sectors, particularly for the smallest businesses, entrepreneurs, and small and medium-sized enterprises (SMEs),” he stressed.

Rodríguez also announced a review of the registry of Special Taxpayers, known as “special contributors,” with the list reduced from 132,000 to around 44,000. These are individuals or legal entities that, because of their high income or assets, are subject to additional tax obligations.

According to the acting president, the review will add those who should have been included in this category and remove those who were classified as special taxpayers without meeting the relevant criteria.

Rodríguez said the changes are intended to improve tax services and expand revenue collection. She added that fiscal revenues rose by 27% in October, although she did not specify the basis for comparison or provide a breakdown of the amount collected. 

“We have been discussing the very low number of people who pay taxes in the country. This is a matter of fairness,” she added.

The latest announcements follow prior measures to facilitate tax collection. Earlier in October, SENIAT and banking superintendency SUDEBAN formalized an agreement to exchange information in real time in order to “strengthen revenue collection” and “facilitate the identification of potential tax discrepancies.”

The tax authority is now also interconnected with the Autonomous Service of Registries and Notaries (SAREN), the Administrative Service for Identification, Migration, and Immigration (SAIME), and the Central Bank of Venezuela (BCV).

“We have a very important system for cross-referencing information which, together with a new statistical information system, will allow us to start collecting what is owed,” Rodríguez said in this week’s broadcast. She added that the fiscal revenues will be directed to the Venezuela Renace Foundation, which is responsible for repairing and rebuilding homes damaged by the twin earthquakes of June 24.

The acting government has likewise announced a tax reform to be unveiled before the end of 2026. Its stated goal is to “harmonize the tax burden” so that it supports economic growth and private-sector production. 

In parallel, the Rodríguez administration is also pushing labor reform plans alongside private sector lobbies FEDECAMARAS and FEDEINDUSTRIA. The business representatives are proposing a “Law on Labor and Social Consensus,” also referred to as the Labor Emergency Law, that will reportedly reduce labor costs for employers. 

The proposal is being discussed with select trade unions, including the government-aligned Bolivarian Socialist Workers’ Central of Venezuela (CBST).

According to reports, the draft legislation seeks “transitional and alternative solutions” to the crisis in workers’ incomes and the stagnation of the minimum wage, which has remained frozen since 2022 while authorities prioritized non-wage bonuses. The proposal would not formally overhaul the entire Organic Labor Law, Workers and Employees (LOTTT), enacted under President Hugo Chávez in 2012, but labor activists warn that it would effectively sideline some of its provisions.

The landmark 2012 legislation reinstated the retroactive calculation of social benefits and severance based on a worker’s last salary, a provision that business groups want to eliminate, while trade unions consider it a red line. Workers’ organizations have staged multiple protests in recent months, demanding that the Rodríguez administration convert non-wage bonuses into salaries and reinstate collective bargaining rights.

Edited by Ricardo Vaz in Caracas.



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Thousands of Israelis rally against Netanyahu gov’t days before election | Israel Election 2026 News

Opposition figures join Tel Aviv protesters demanding an independent October 7 inquiry.

Thousands of Israelis are protesting against the government and calling for an independent inquiry into the security failures that led to the October 7, 2023 attacks.

Demonstrators rallied in the public plaza known as Hostages Square in Tel Aviv on Saturday, three days before Israel’s first general election since the genocidal war on Gaza began.

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The protest was organised by the October Council, a group founded by the families of captives taken to Gaza three years ago, to demand accountability for the government’s failure to prevent the Hamas attack that preceded the war.

“Three days before the election, we will hold the culminating event marking three years of struggle to uncover the truth, demand accountability and establish a state commission of inquiry,” the October Council wrote on X ahead of the rally.

Elsewhere in Israel, protesters were also gathering for antigovernment demonstrations, reported Haaretz newspaper.

Taking part were leading figures from opposition parties, including Gadi Eisenkot of the Yashar party, who is Prime Minister Benjamin Netanyahu’s main centre-right rival.

In Tel Aviv, Eisenkot was greeted by chants of “Who’s coming? The next prime minister”, according to The Times of Israel. The leader of the Democrats, Yair Golan, was also at the rally.

“Masses, masses of masses, flowing in the ‘Democrats’ march from Rabin Square to the Hostages Square – for change, for hope, for r-e-v-o-l-u-t-i-o-n. What energy. This time it’s ours completely!”, Israeli citizen and lawyer Dan Adin posted on X.

Polls ahead of Tuesday’s election suggest a tight race, with Netanyahu’s right-wing bloc, in power since late 2022, neck and neck with Eisenkot’s. Neither bloc is currently projected to obtain a majority of seats in Israel’s parliament.

The election could be pivotal in determining whether Israel launches another round of strikes on Iran. Eisenkot is believed to be less inclined to resume military action against Tehran if he becomes Israel’s next prime minister.

However, on most other foreign policy issues, leading Israeli parties and politicians remain united, including in their opposition to the creation of an independent Palestinian state.

Ahead of the protest, the October Council alerted law enforcement to possible “provocations” from pro-government agitators.

“We have sent an urgent letter to the Police Commissioner following alerts about attempts by entities linked to the coalition to disrupt tonight’s rally,” it wrote on X.

The October Council aims to hold Israeli officials deemed responsible for the October 7 attacks to account and deliver justice for affected families.

Netanyahu’s coalition government, however, has refused demands to establish an independent commission of inquiry. Instead, it has offered to set up a “political” commission. Half of the commission’s members would be appointed by the government, while the remainder would be appointed by opposition legislators.

Opposition leaders have said they would boycott a commission appointed by politicians.

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Marco Rubio urges Cubans to collaborate with CIA to topple gov’t | Human Rights

Secretary of State Marco Rubio has urged Cubans to secretly work with the CIA to topple their government. His appeal followed President Trump’s threat to send warships to Cuba after the Iran war. A 10-month US blockade has led to power outages and water shortages.

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US senator says AIPAC plans to spend $233M to defeat candidates critical of Netanyahu gov’t – Middle East Monitor

The American Israel Public Affairs Committee (AIPAC) is set to spend $233 million to defeat candidates in this fall’s congressional midterm elections who speak out against the government of Israeli Prime Minister Benjamin Netanyahu, warned US Senator Bernie Sanders, Anadolu reports.

The top pro-Israel lobbying firm in the US “plans to spend $233 million to defeat candidates who dare to speak out against Netanyahu’s extremist government,” Sanders said on US social media platform X on Friday.

“They spent $33 million to defeat Abdul El-Sayed in the Michigan primary. They lost. They are going to keep losing,” he said.

El-Sayed, the Democratic candidate in this year’s senatorial race in the state of Michigan, strongly opposes unconditional US military aid for Israel and has criticized the Netanyahu government’s policies in both Gaza and the occupied West Bank.

READ: Former Israeli premier accuses Netanyahu of preparing ground for war that could delay elections

Sanders added: “NO MORE U.S. MILITARY AID FOR ISRAEL.”

In the Nov. 3 US congressional midterms, polls show Democrats broadly favored to win the House of Representatives and possibly the Senate.

As the US electorate’s view of Israel has soured, especially in light of the genocide in Gaza, many Democrats running for office this year have taken a harder line against the policies of the Netanyahu government and what many see as its efforts to displace Palestinians and frustrate any hope for peace in the Middle East.

READ: US senator urges Congress to cut off funding for Iran war

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Spain’s parliament rejects gov’t housing decrees amid mass protests | Housing News

Both decrees to tackle housing affordability crisis shot down as critics say measures would tighten the housing market.

Spain’s government has lost key votes to ratify emergency measures aimed at tackling the nation’s housing affordability crisis, after protests intensified last month following the eviction of an 87-year-old woman.

The proposed measures, which comprised two separate decrees, were both shot down by the majority of ⁠the 350-seat lower house of parliament on Friday.

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The move is a heavy blow to Prime Minister Pedro Sanchez, whose government faces public pressure, including from the hundreds of protesters who had gathered outside parliament demanding help for renters.

The first decree was meant to stop evictions of vulnerable people, make real estate speculation harder, impose tighter restrictions on short-term leases and provide tax incentives to encourage renting and the construction of housing.

The second decree proposed making leases automatically renew when they are set to expire, essentially making them indefinite. A property owner would have to pay a tenant 12 months of rent to break the contract.

The right-wing ⁠Catalan separatist ⁠party Junts refused to back the housing decrees, saying they would ultimately tighten the housing market. The centre-right Popular Party and far-right Vox also voted against the measures.

Sanchez, who leads a coalition government composed of his Socialist Party and the far-left Sumar, ⁠appealed to lawmakers in the run-up to the vote to put aside political calculations and pressure.

“Think about ordinary people, about those who most need the protection of public institutions. Think about the millions of young people who ⁠cannot afford to ⁠move out of their parents’ homes. Think about the families living with the constant ⁠anxiety of ever-rising rents,” he said.

“Do the right ⁠thing, because I ⁠believe that if you do not, history will judge you sooner than you ‌think, and far more harshly than you can imagine.”

Miriam Nogueras of Junts argued the decrees would only lead to owners removing their properties from the rental market, and thus driving up prices even further.

“These decrees still allow speculators to buy property and to evict people,” Nogueras said.

‘Your profits, our misery’

As the vote was under way, protesters marched on the parliament demanding help for renters.

The government decrees were intended to quell a public uproar following the televised eviction on September 23 of Maria del Carmen Abascal, known across Spain as Maricarmen, that set off protests and a camp-in that occupied Madrid’s Puerta del Sol square ever since.

Abascal was living in the property in Madrid’s central Retiro neighbourhood under a rent-capped lease contract signed by her father in the 1950s. The property was then bought by the real estate and investment firm Urbagestion in 2018.

Urbagestion sought to terminate Abascal’s contract and evict her after raising her rent from 500 euros ($572) to 2,650 euros ($3,010) – nearly double her pension of 1,350 euros ($1,533) a month – according to Spanish newspaper El Pais.

When the police carried out her eviction on their fourth attempt, hundreds of activists who had been protesting against her losing a home she had lived in her entire life were waiting outside. Abascal has since been offered a preliminary agreement that would allow her return to her home.

Protesters rallying at the chamber in downtown Madrid on Friday held up homemade signs with images of vultures on them, denouncing the real estate speculators they blame for driving up prices.

Some people gathered outside the assembly chanted “your profits, our misery” as lawmakers voted down the government’s decree.

The average rent in Spain has almost doubled in the past 10 years. The average price per square metre has risen from 8.20 euros (about $9.08 at the time) in 2016 to 15.1 euros ($17.15) this year, according to the real estate website Idealista.

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Venezuelan Gov’t Promises Electricity Improvements as Blackout Protests Increase

Venezuelan authorities have pledged to incorporate 1,300 MW into the grid by the end of the year. (Radio Fe y Alegria)

Caracas, September 30, 2026 (venezuelanalysis.com) – Venezuelan Minister of Electric Energy Rolando Alcalá announced a plan to add 1,300 megawatts (MW) to the country’s electric grid amid growing protests against recurring blackouts. 

In a televised message published on Tuesday, Alcalá pledged that the electricity supply would improve in the final quarter of 2026 to mitigate outages. He explained that a unit at Planta Centro, Venezuela’s main generation complex serving the central-western region, will come online “in the coming days” and provide 600 MW to the area.

The official also announced that seven generation units with a combined capacity of 500 MW will be added to a key thermoelectric plant in Zulia state, which borders Colombia and is one of the areas hardest hit by power failures. 

The government is also reportedly working on an alternative energy plan for the state, including the Machango solar panel park, which is expected to come online next year.

The remainder of the planned generation will come from units located in other regions of the country. 

“Other units will be brought online nationwide, for a total of 1,300 megawatts during this final quarter of 2026. These will help achieve greater stability, continuity, and fewer interruptions in electricity service nationwide,” Alcalá said in a video shared by Acting President Delcy Rodríguez on social media.

“We have a clear plan to face the challenges of the National Electric System and we are executing it,” she wrote on X. “With organization, coordination, and effort we move forward to overcome this situation.”

Meanwhile, the president of the National Electric Corporation (CORPOELEC), Juan Fernández, explained that “as a complement to the thermal generation plan, major transmission projects are being carried out.” He highlighted the expansion of the Planta Centro substation with the addition of a new 400-230 kV autotransformer, equipment that recently arrived from abroad.

“This year, we have gained access to original spare parts and components from the world’s leading manufacturers,” he added, referencing agreements with US-based GE Vernova, Germany’s Siemens, and Argentina’s Impsa. The US Treasury Department has issued sanctions waivers allowing transactions with Venezuela’s electricity sector.

The latest announcements came amid near-daily protests over power outages throughout the country. Demonstrators have taken to the streets to bang pots and pans or block streets to demand that authorities answer for blackouts that can add up to 16 hours per day.

On Wednesday night, protesters from Guacara, Carabobo State, temporarily blocked the Central-Regional Highway, the main highway connecting Caracas to Western regions, after electricity was shut off for a second time in the same day. 

In statements to local press, demonstrators have highlighted that high temperatures and mosquitoes make it hard to sleep without ventilators or air conditioning, leading children to fall asleep in school. They have also criticized authorities for not producing a rationing schedule, making it impossible for families and businesses to plan around outages.

In their Tuesday televised message, Venezuelan government officials stated that the country’s electricity demand has risen in recent weeks, driven by a “rebound in economic activity,” high temperatures caused by the El Niño climate phenomenon, and the twin June 24 earthquakes which “delayed plans that had been underway to repair the electrical system.”

On September 22, the Ministry of Electric Energy reported that electricity demand in Venezuela had reached a record high of 16,424 megawatts (MW), the highest level recorded in the past nine years.

Venezuela has a nominal installed generation capacity of approximately 35,000 megawatts (MW), twice the country’s peak demand. However, actual stable generation currently stands at just 12,000 MW due to a deep structural crisis resulting from US sanctions that prevented the purchase of spare parts, as well as issues of underinvestment, lack of maintenance, and corruption.

Nevertheless, authorities claimed that a proposed reform of the Organic Law of the National Electricity System and Service will allow “the integration of the public and private sectors in electricity generation, transmission, distribution, and commercialization,” with the aim of “promoting competitiveness, and attracting investment to strengthen electrical infrastructure.”

The new law was preliminarily approved by the National Assembly in June, with a second discussion and final approval yet to be scheduled.

The previous legislation, enacted in 2010 under President Hugo Chávez, exclusively reserved all activities across the electricity supply chain for the state, centralized through the state-owned CORPOELEC. The reform authorizes strategic partnerships and concession agreements with domestic and international private companies.

In defending the new law, Venezuelan officials have defended the adjustment of electricity tariffs to reflect “real costs” and secure returns for investors.

Edited by Ricardo Vaz in Caracas.



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