Tuesday, October 16, 2007
Breaking news: The Spanish Navy and Guardia Civil have seized the American ship "Odyssey Explorer" in Spanish territorial waters, and brought it to the port of Algeciras. A Spanish court ordered the seizure on the grounds that it is investigating whether Odyssey, a US company that searches for undersea treasure, stole its most recently discovered trove, worth €370 million, from Spanish waters. Odyssey, of course, denies it. Spain has also filed suit in American court. My guess is that this is not going to do wonders for bilateral relations. Guess number two is that Spain is never going to get its hands on this stuff because there's no way they can prove it was found in Spanish waters.