Explainer 275: Venezuela’s two presidents

Venezuela’s president Nicolas Maduro was comfortably re-elected to office in 2018. Or was he? Allegations of a false result have led the UK government to formally recognise opposition leader Juan Guaido as the country’s official premier despite simultaneously continuing diplomatic relations with Maduro’s administration. Both are trying to access gold reserves held by the Bank of England. The British courts must now make a conclusive decision.