Subscribe to RSS feedPiracy business
by
Obsidian
—
last modified
Jan 29, 2009 12:00 AM
Western intelligence agencies have long known that pirate gangs operating off the Horn of Africa are well funded outfits driven by commercial gain.
With ransom payments now reaching millions of dollars, the armed men who physically board the ships at sea are but mere bit players in a lucrative business that stretches far beyond the borders of Somalia.
Now, as efforts to...
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