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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 457.82

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Jan 23 4:00 PM EST

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To: Snowshoe who wrote (87710)	3/5/2012 3:05:14 PM
From: elmatador	Read Replies (1) of 219688

Last crisis was the Lobster War The Lobster War is an ironic name given to a dispute over lobsters occurred from 1961 to 1963 between Brazil and France. The Brazilian government refused to allow French fishing vessels to catch lobsters 100 miles off the Brazilian northeast coast, [1] arguing that lobsters "crawl along the continental shelf", while the French sustained that "lobsters swim" and that therefore, they might be caught by any fishing vessel from any country. The dispute was resolved unilaterally by Brazil, which extended its territorial waters to a 200-mile zone taken in the disputed lobsters bed. [2] Although this historical incident of coercive diplomacy may have taken place long before the drafting of the UNCLOS, the dispute ended with the signing of an agreement on 10 December 1964, [3] which granted to twenty six French ships the right of fishing for a period no longer than five years, on the grounds that they delivered to Brazilian fishermen a certain amount of profit over their fishing activities in the so called "designated areas". [3] en.wikipedia.org

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