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the count1

07/29/14 11:44 AM

#32053 RE: the count1 #32043

Sean Tucker of Galleon Ventures, a salvage firm, says the convention and the Spanish government’s persistence are squeezing out legitimate business. Michael Scaglione of Marine Exploration, another treasure-hunting outfit, has found the flagship of the famous buccaneer Henry Morgan, near Haiti. But because that country is party to the convention, his firm cannot profit from its salvage.

From the ECONOMIST