Guaido Wants Role in BOE Spat Over $1 Billion in Venezuelan Gold
The Venezuelan opposition, led by Juan Guaido, sought to intervene in a legal fight between the country’s central bank and the Bank of England over access to $1 billion in gold reserves.
At a remote hearing Thursday in London, a lawyer acting for the Venezuelan government-appointed central bank said the BOE wanted to postpone the proceedings “to permit Mr. Guaido to intervene and to lay claim to the central bank’s gold.”
The Venezuelan bank asked the BOE to liquidate the gold and send the funds to the United Nations Development Programme (UNDP), which is working with the country to prepare for an increase in Covid-19 cases. While the coronavirus pandemic adds a dramatic new twist to the dispute, the lawsuit is part of a long-running fight over the funds related to American efforts to cut off President Nicolas Maduro’s regime from its overseas assets.
In response, the BOE said it was “caught in the middle” of conflicting claims. “The regrettable, irregular, and unrealistic approach adopted by the Maduro Board in these proceedings leaves the BOE unacceptably exposed,” the bank’s attorney Brian Kennelly said.
The judge adjourned the hearing for a week.
https://www.bloomberg.com/news/articles/2020-05-21/guaido-wants-role-in-boe-spat-over-1-billion-in-venezuelan-gold
Blackhawk UH-60 convoy out of Wright-Patterson AFB ne
fuck off faggit
this is how many shits I give.
AZAZ0909 C-560 with a fly over at State College, PA-University Park Airport after one at Nantucket Island earlier-heading back to JBA and on descent
_92-9000 VIP departs JBA for Detroit Metro-Wayne Cty Airport and then to Ford Motors-Rawsonville Pant, Ypsilanti
RCH330T C-17 Globemaster with the Beast and equipment for POTUS and crew on final at Detroit Metro-capped earlier
_09-0015 C-32 departs behind_92-9000 VIP from JBA
the two C-560's had to wait
R01052 and AZAZ0909
The Open Skies Treaty at a Glance
Signed March 24, 1992, the Open Skies Treaty permits each state-party to conduct short-notice, unarmed, reconnaissance flights over the others' entire territories to collect data on military forces and activities. Observation aircraft used to fly the missions must be equipped with sensors that enable the observing party to identify significant military equipment, such as artillery, fighter aircraft, and armored combat vehicles. Though satellites can provide the same, and even more detailed, information, not all of the 34 treaty states-parties1 have such capabilities. The treaty is also aimed at building confidence and familiarity among states-parties through their participation in the overflights.
President Dwight Eisenhower first proposed that the United States and the Soviet Union allow aerial reconnaissance flights over each other's territory in July 1955. Claiming the initiative would be used for extensive spying, Moscow rejected Eisenhower's proposal. President George H.W. Bush revived the idea in May 1989 and negotiations between NATO and the Warsaw Pact started in February 1990.
Treaty Status: The treaty entered into force on January 1, 2002, and currently 34 states are party to the treaty while a 35th, Kyrgyzstan, has signed but not ratified it.
Twenty-six of the treaty’s initial 27 signatories have ratified the accord and are now states-parties. Since the treaty entered into force, Bosnia and Herzegovina, Croatia, Estonia, Finland, Latvia, Lithuania, Slovenia, and Sweden have become states-parties.
Territory: All of a state-party's territory can be overflown. No territory can be declared off-limits by the host nation.
Flight Quotas: Every state-party is obligated to accept a certain number of overflights each year, referred to as its passive quota, which is loosely determined by its geographic size.2 A state-party's active quota is the number of flights it may conduct over other states-parties. Each state-party has a right to conduct an equal number of flights over any other state-party that overflies it. A state-party's active quota cannot exceed its passive quota, and a single state-party cannot request more than half of another state-party's passive quota.
The treaty allows for multiple states-parties to take part in an overflight. The flight will count as an active flight for each state-party participating. Regardless of the number of observing states-parties, however, the overflight will only count as one passive overflight for the observed state-party.
Russia conducted the first observation flight under the treaty in August 2002, while the United States carried out its first official flight in December 2002. In 2008, states-parties celebrated the 500th overflight. Between 2002 and 2019, more than 1,500 flights have taken place.
Process: An observing state-party must provide at least 72 hours' advance notice before arriving in the host country to conduct an overflight. The host country has 24 hours to acknowledge the request and to inform the observing party if it may use its own observation plane or if it must use a plane supplied by the host. At least 24 hours before the start of the flight, the observing party will supply its flight plan, which the host has four hours to review. The host may only request changes in flight plans for flight safety or logistical reasons. If it does so, the two states-parties have a total of eight hours after submission of the original flight plan to agree on changes, if they fail, the flight can be cancelled. The observation mission must be completed within 96 hours of the observing party's arrival unless otherwise agreed.
moar here
https://www.armscontrol.org/factsheets/openskies