'Holy Grail of shipwrecks' to be exhumed off Colombia with $20 billion sunken treasure

Australia News News

'Holy Grail of shipwrecks' to be exhumed off Colombia with $20 billion sunken treasure
Australia Latest News,Australia Headlines
  • 📰 nypost
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 67%

Today's Video Headlines

The San Jose shipwreck is believed to have a treasure of gold, silver and emeralds worth as much as $20 billion.Hundreds of Rothschild family treasures to be sold in historic auction worth millionsColombia is hoping to expedite its mission to recover a three-century-old sunken treasure worth as much as $20 billion as the ownership of the fortune lies in legal limbo amid an ongoing court battle.

Petro wants to bring the 62-gun, three-masted ship to the surface before his term is up in 2026 and has requested a public-private partnership be formed to see it through, Minister of Culture Juan David Correa told the outlet Wednesday. Years later, in 2015, Columbia’s then-President Juan Manuel Santos said the country’s navy found the San José wreck at a different location on the sea floor.

The company is suing the Columbian government for half the treasure, or $10 billion, according to its estimate, under the US-Colombia Trade Promotion Agreement, according to Bloomberg.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

nypost /  🏆 91. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Earless monitor lizards: The 'Holy Grail' of reptiles that looks like a mini dragonEarless monitor lizards: The 'Holy Grail' of reptiles that looks like a mini dragonPatrick Pester is a freelance writer and previously a staff writer at Live Science. His background is in wildlife conservation and he has worked with endangered species around the world. Patrick holds a master's degree in international journalism from Cardiff University in the U.K.
Read more »

Matthew Perry’s death has ‘destroyed’ ‘Friends’ cast; Mariah Carey faces $20 million lawsuitMatthew Perry’s death has ‘destroyed’ ‘Friends’ cast; Mariah Carey faces $20 million lawsuitThe Fox News Entertainment newsletter brings you the latest Hollywood headlines, celebrity interviews and stories from Los Angeles and beyond.
Read more »

Netanyahu speech recalled dangerous passages about holy warNetanyahu speech recalled dangerous passages about holy warJoshua Whitfield: Benjamin Netanyahu’s Oct. 28 speech announcing retribution for Hamas’ terrorist attacks recalls other times when religious people asked Got...
Read more »

Rochester's Holy Cross Church hosts musical fundraiser for grand pianoRochester's Holy Cross Church hosts musical fundraiser for grand pianoRochester, N.Y. — The community was treated to a diverse musical repertoire at Holy Cross Church in Rochester on Sunday.SUNY Geneseo music professor Dr. Beata G
Read more »

Joey Votto's 17-year Reds career could be coming to end with option not picked upJoey Votto's 17-year Reds career could be coming to end with option not picked upThe club declined to pick up the former National League MVP’s $20 million option, opting for a $7 million buyout.
Read more »

Reds decline Joey Votto's contract option for 2024 season, end 22-year relationshipReds decline Joey Votto's contract option for 2024 season, end 22-year relationshipThe Cincinnati Reds declined their $20 million contract option on franchise legend Joey Votto's contract, according to a statement released on Saturday.
Read more »



Render Time: 2025-02-25 15:33:12