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lquadland10 (< 20)

Selling the Ocean now to the World Bank. Foreign Relations Committee Approves LOST



February 18, 2009 – Comments (1) | RELATED TICKERS: GLD , ABX , AUY

Foreign Relations Committee Approves LOST Written by JBS Staff    Wednesday, 31 October 2007 00:00 Share this Mister Wong Webnews Power-Oldie Linkarena Digg Reddit Jumptags Upchuckr Simpy StumbleUpon Slashdot Netscape Furl Yahoo Blogmarks Diigo Technorati Newsvine Googlize this Blinklist Facebook Wikio Meneame Diggita Export PDFPrintE-mailTagsLOSTLaw of the Sea TreatyUNoceans

The U.S. Senate Committee on Foreign Relations voted to ratify the United Nations Convention on the Law of the Sea Treaty (LOST) on Wednesday, October 31, by a vote of 17-4.

With the committee's approval, the full Senate will now be faced with a final vote on ratification of the treaty.

As of October 31, there is no scheduled vote on LOST in the Senate. Nevertheless, previous reports indicated that the Senate would vote on LOST prior to the end of the year.

The Law of the Sea Treaty (LOST) entered into force in 1994 and has been ratified by 153 countries (click here for a list of recent LOST developments). The treaty gives the UN complete jurisdiction over the oceans and everything in them, including the ocean floor with all its resources, along with the power to regulate 70 percent of the world's surface.

1 Comments – Post Your Own

#1) On February 18, 2009 at 9:26 PM, lquadland10 (< 20) wrote:

I ment UN which is connected to the World Bank.

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