Aren't these types of sentences usually long sentences that run in parallel so that when one is appealed the others are still going? And in 99% of the cases the media adds up all sentences and makes it sound that they would run one after another?
Aren't these types of sentences usually long sentences that run in parallel so that when one is appealed the others are still going? And in 99% of the cases the media adds up all sentences and makes it sound that they would run one after another?
nevar forget
I absolutely missed the part where it said Istanbul defaulted to the US legal system. I assume it's similar to the US though, a technicality to make sure someone serves time even if they can get rid of one or several charges later on and the media going for the big number.
nevar forget
The abandoned Alfa Nero superyacht is burning $2,000 of diesel everyday to run its air-conditioning just so that mold and sea water do not ruin its opulent interiors and expensive paintings: https://luxurylaunches.com/transport...-paintings.php
Are founders truly keepers or weepers? In the case of the superyacht Alfa Nero, the founders have indeed ended up weeping. The 267-foot vessel was abandoned by its owner in February 2022 at Falmouth Harbor. The ship was eventually seized by the Government of Antigua, but there’s no happy ending to this ship’s tale. In fact, it’s a borderline horror story for the tiny nation of 93,000. Taxpayers are bleeding dry, paying no less than $28,000 weekly for the upkeep of this floating palace that’s being maintained by a skeleton crew.
This amount includes the salary of an Italian captain and $2000 a day in diesel costs to keep its generators running—some may call it extravagance, but in the case of this splendid Oceanco-built superyacht, it is a necessity due to the extravagant interiors. While the lack of an owner hasn’t done much to take away from the luxury vessel’s grandeur, a lack of air conditioning certainly will. Designed by the esteemed Nuvolari & Lenard, Alfa Nero showcases exquisite interiors masterfully crafted by Alberto Pinto.
This elegant vessel accommodates twelve guests in six luxurious cabins dispersed across four expansive decks. The interiors resonate with a tasteful nautical theme, understated in its elegance yet enlivened with sporadic bursts of pop art. Continuous air conditioning ensures the longevity of luxe materials like precious wood, mother of pearl, and soft leather.
The Alfa Nero motoryacht cannot go two days without air conditioning due to her hardwood interiors, and without it, mold will spread through the decks faster than Antiguan officials can manage. “You can’t even open the doors on Alfa Nero without diesel,” said Tom Paterson, the dockmaster at the Antigua Yacht Club. “These boats, from the day they launch to the day they die, are burning fossil fuels.”
This is such a poorly written story. The author mixes up the words 'founders' and 'finders' in the first two sentences.
Surely, Antigua can recoup their losses by selling or chartering out the yacht!
Alfa Nero is in the midst of an ownership battle in court.
It was "abandoned" when it's alleged owner was placed on the sanctions list.
The government then seized it and got the USA to remove the sanctions so they could sell it.
Then a lawyer claimed it actually was not abandoned and was owned by the alleged owner's daughter, in trust through a wealth management company on Guernsey.
They're asserting she's the sole beneficiary of the trust, obviously they will have to prove that the father wasn't removed from the list of beneficiaries after he was sanctioned.
What many people fail to appreciate about these vessels is that people simply do not own them as personal assets; they are owned by companies registered on tax havens, flagged to a relatively small number of tiny states that are also tax havens and operated by yet another company that employs the crew, pays the bills and charges even their real owners charter fees so that everything is a business cost.
They're operated as shadow assets for tax purposes even during normal times, proving who owns them is a fucking nightmare. You may be fine if you're an influential state with connections to the financial industry and good diplomatic clout with the tax havens, but if you're not it can be time consuming and expensive.
The Antiguan government could have probably sold it on licence to the USA with them lifting the sanctions as part of the sale.
These vessels can be a law unto themselves, for example a great many worried about the sanctions simply turned off their AIS, which is against maritime law and have even continued to travel after having their flag state rescinded which is also a flagrant violation. No one does anything about it, you're either in a politically friendly port, or you're not.
Yes, but whoever ends up owning it, can just be charged $2,000 running costs per week * the number of weeks it was there, before they are allowed to leave port.
The legal complexity is one thing, but actually having the boat gives you good leverage. "Founders keepers" as the author would say.
$2,000 per week for 10 years only comes to $1 million, vastly smaller than the cost of the yacht.
Good ole Yanis. Loved that dude since I met him years ago.
https://www.penguin.co.uk/books/4517.../9781847927279
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Last edited by Lief Siddhe; October 9 2023 at 01:16:02 AM.
I was somewhere around Old Man Star, on the edge of Essence, when drugs began to take hold.
How are those sectors controled by quiet gigaconglomerates? The Oil majors are so far from "quiet" it cant be them you are talking about. Who are the gigaconglomerates in food? Are you confusing food with consumer goods or famous snacks (and therefore mean unilever, mars etc)? It's not like they control fresh food or grains which make up 2/3 of the world's nutrition.
Last edited by Lallante; October 9 2023 at 11:08:42 AM.
This is going to blow your mind, but the majority of the world's calories come from staple crops/pulses/tubers not mars bars. 60% of all consumed calories come from just 10 staple sources.
Doesn't Bayer control a huge chunk of the global seed supply?
They bought Monsanto, which was one of the largest seed suppliers. Bayer CropScience is a large chunk of the company.
https://en.wikipedia.org/wiki/Bayer#Bayer_CropScience
nevar forget
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