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Legendary shipwreck’s treasure of “incalculable value” will be recovered by underwater robot, Colombia says
Colombia’s government on Friday announced an expedition to remove items of “incalculable value” from the wreck of the legendary San Jose galleon, which sank in 1708 while laden with gold, silver and emeralds estimated to be worth billions of dollars. The 316-year-old wreck, often called the “holy grail” of shipwrecks, has been controversial, because it is both an archaeological and economic treasure.
Culture Minister Juan David Correa told AFP that more than eight years after the discovery of the wreck off Colombia’s coast, an underwater robot would be sent to recover some of its bounty.
Between April and May, the robot would extract some items from “the surface of the galleon” to see “how they materialize when they come out (of the water) and to understand what we can do” to recover the rest of the treasures, said Correa.
The operation will cost more than $4.5 million and the robot will work at a depth of 600 meters to remove items such as ceramics, pieces of wood and shells “without modifying or damaging the wreck,” Correa told AFP aboard a large naval ship.
The location of the expedition is being kept secret to protect what is considered one of the greatest archaeological finds in history from malicious treasure hunters.
The San Jose galleon was owned by the Spanish crown when it was sunk by the British navy near Cartagena in 1708. Only a handful of its 600-strong crew survived.
“It makes it very touchy because one is not supposed to intervene in war graves,” Justin Leidwanger, an archaeologist at Stanford University who studies ancient shipwrecks, told Live Science.
The ship had been heading back from the New World to the court of King Philip V of Spain, laden with treasures such as chests of emeralds and some 200 tons of gold coins.
Before Colombia announced the discovery in 2015, it was long sought after by treasure hunters.
“As if we were in colonial times”
The discovery of the galleon sparked a tug-of-war over who gets custody of its bounty.
Spain insists that the bounty is theirs since it was aboard a Spanish ship, while Bolivia’s Qhara Qhara nation says it should get the treasures as the Spanish forced the community’s people to mine the precious metals.
Since Thursday, Spain’s ambassador to Colombia Joaquin de Aristegui, and representatives of Bolivia’s Indigenous people have been taking part in a symposium with experts to discuss the best way to access the treasure.
The government of leftist president Gustavo Petro, in power since 2022, wants to use the country’s own resources to recover the wreck and ensure it remains in Colombia.
De Aristegui said he has instructions to offer Colombia a “bilateral agreement” on the protection of the wreck.
Correa said Bolivia’s Indigenous people have expressed their willingness to work with Petro’s government.
The idea is “to stop considering that we are dealing with a treasure that we have to fight for as if we were in colonial times, with the pirates who disputed these territories,” he added.
The expedition to start recovering the shipwreck’s trove comes as a case is underway at the UN’s Permanent Court of Arbitration between Colombia and the U.S.-based salvage company Sea Search Armada — which claims it found the wreck first over 40 years ago.
The company is demanding $10 billion dollars, half the wreck’s estimated value today.
In June 2022, Colombia said that a remotely operated vehicle reached 900 meters below the surface of the ocean, showing new images of the wreckage.
The video showed the best-yet view of the treasure that was aboard the San Jose — including gold ingots and coins, cannons made in Seville in 1655 and an intact Chinese dinner service.
At the time, Reuters reported the remotely operated vehicle also discovered two other shipwrecks in the area, including a schooner thought to be from about two centuries ago.
CBS News
Bela Karolyi, polarizing U.S. gymnastics coach, dies at 82
Bela Karolyi, the charismatic if polarizing gymnastics coach who turned young women into champions and the United States into an international power, has died. He was 82.
A spokesperson for USA Gymnastics confirmed to CBS News by email that Karolyi died Friday. No cause of death was given.
Karolyi and wife Martha trained multiple Olympic gold medalists and world champions in the U.S. and Romania, including Nadia Comaneci and Mary Lou Retton.
“A big impact and influence on my life,” Comaneci, who was just 14 when Karolyi coached her to gold for Romania at the 1976 Montreal Olympics, posted on Instagram.
The Karolyis defected to the United States in 1981 and over the next 30-plus years became a guiding force in American gymnastics, though not without controversy. Bela helped guide Retton — all of 16 — to the Olympic all-around title at the 1984 Games in Los Angeles and memorably helped an injured Kerri Strug off the floor at the 1996 Games in Atlanta after Strug’s vault secured the team gold for the Americans.
Karolyi briefly became the national team coordinator for USA Gymnastics women’s elite program in 1999 and incorporated a semi-centralized system that eventually turned the Americans into the sport’s gold standard. It did not come without a cost. He was pushed out after the 2000 Olympics after several athletes spoke out about his tactics.
It would not be the last time Karolyi was accused of grandstanding and pushing his athletes too far physically and mentally.
During the height of the Larry Nassar scandal in the late 2010s — when the disgraced former USA Gymnastics team doctor was effectively given a life sentence after pleading guilty to sexually assaulting gymnasts and other athletes with his hands under the guise of medical treatment — over a dozen former gymnasts came forward saying the Karolyis were part of a system that created an oppressive culture that allowed Nassar’s behavior to run unchecked for years.
Still, some of Karolyi’s most famous students were always among his staunchest defenders. When Strug got married, she and Karolyi took a photo recreating their famous scene from the 1996 Olympics, when he carried her onto the medals podium after she vaulted on a badly sprained ankle.
CBS News
Mike Tyson says he has “no regrets” after losing boxing match to Jake Paul
Despite losing his boxing match to Jake Paul, Mike Tyson in a social media post Saturday said he had “no regrets” to getting “in ring one last time.”
The boxing legend was defeated by social media star Jake Paul in a highly anticipated fight on Friday night with an age difference of over three decades between the two contenders.
Netflix said Saturday that 60 million households worldwide tuned in to watch the match. The two fighters went eight full rounds, with each round two minutes long. Paul defeated Tyson by unanimous decision and the 27-year-old upset boxer and 58-year-old former heavyweight champion hugged afterward.
Paul was expected to earn about $40 million from the fight, and Tyson was expected to take around $20 million for the fight, according to DraftKings and other online reports.
Tyson said on his social media that “this is one of those situations when you lost but still won. I’m grateful for last night.”
The fight almost didn’t happen after Tyson experienced an ulcer flare-up while on a plane in March. He addressed his illness Saturday, writing that he “almost died in June.” He said he had eight blood transfusions and “lost half my blood and 25lbs in hospital and had to fight to get healthy to fight so I won.”
Tyson retired from boxing in 2005 after a 20-year career. He last fought in a 2020 exhibition match against former four-division world champ Roy Jones Jr.
“To have my children see me stand toe to toe and finish 8 rounds with a talented fighter half my age in front of a packed Dallas Cowboy stadium is an experience that no man has the right to ask for. Thank you,” he said.
Alex Sundby and
contributed to this report.
CBS News
In their final meeting, Xi tells Biden he is “ready to work with a new administration”
In their final meeting, China’s leader Xi Jinping told U.S. President Biden that his nation was “ready to work with a new administration,” as President-elect Donald Trump prepares to take over.
The two leaders gathered Saturday on the sidelines of the annual Asia-Pacific Economic Cooperation summit. Mr. Biden was expected to urge Xi to dissuade North Korea from further deepening its support for Russia’s war on Ukraine. It marked their first in-person meeting since they met in Northern California last November.
Without mentioning Trump’s name, Xi appeared to signal his concern that the incoming president’s protectionist rhetoric on the campaign trail could send the U.S.-China relationship into another valley.
“China is ready to work with a new U.S. administration to maintain communication, expand cooperation and manage differences so as to strive for a steady transition of the China-U.S. relationship for the benefit of the two peoples,” Xi said through an interpreter.
Mr. Biden, meanwhile, spoke in broader brushstrokes about where the relationship has gone and reflected not just on the past four years, but on their long relationship.
“Over the past four years, China-U.S. relations have experienced ups and downs, but with the two of us at the helm, we have also engaged in fruitful dialogues and cooperation, and generally achieved stability,” he said.
Mr. Biden and Xi, with top aides surrounding them, gathered around a long rectangle of tables in an expansive conference room at Lima’s Defines Hotel and Conference Center.
There’s much uncertainty about what lies ahead in the U.S.-China relationship under Trump, who campaigned promising to levy 60% tariffs on Chinese imports.
Bobby Djavaheri, president of Los Angeles-based Yedi Houseware Appliances — which manufactures its products in China — told CBS News in an interview this week that such tariffs “would decimate our business, but not only our business. It would decimate all small businesses that rely on importing.”
Trump has also proposed revoking China’s Most Favored Nation trade status, phasing out all imports of essential goods from China and banning China from buying U.S. farmland.
Already, many American companies, including Nike and eyewear retailer Warby Parker, have been diversifying their sourcing away from China. Shoe brand Steve Madden says it plans to cut imports from China by as much as 45% next year.
White House national security adviser Jake Sullivan said Biden administration officials will advise the Trump team that managing the intense competition with Beijing will likely be the most significant foreign policy challenge they will face.
It’s a big moment for Mr. Biden as he wraps up more than 50 years in politics. He saw his relationship with Xi as among the most consequential on the international stage and put much effort into cultivating that relationship.
Mr. Biden and Xi first got to know each other on travels across the U.S. and China when both were vice presidents, interactions that both have said left a lasting impression.
“For over a decade, you and I have spent many hours together, both here and in China and in between. And I think we’ve spent a long time dealing with these issues,” Mr. Biden said Saturday.
But the last four years have presented a steady stream of difficult moments.
The FBI this week offered new details of a federal investigation into Chinese government efforts to hack into U.S. telecommunications networks. The initial findings have revealed a “broad and significant” cyberespionage campaign aimed at stealing information from Americans who work in government and politics.
U.S. intelligence officials also have assessed China has surged sales to Russia of machine tools, microelectronics and other technology that Moscow is using to produce missiles, tanks, aircraft and other weaponry for use in its war against Ukraine.
And tensions flared last year after Mr. Biden ordered the shooting down of a Chinese spy balloon that traversed the United States.