Mittwoch, 8. Februar 2012

Somali piracy costs global economy $7bn

Peter Apps London
Somali piracy in the Indian Ocean costs the global economy about $7 billion (R53bn) a year, a study showed yesterday, with ships forced to travel faster over longer routes and increasingly hire armed security guards.
“The question for the shipping industry is how long this is sustainable,” said Anna Bowden, the programme manager for the research by the US-based One Earth Future foundation.
For the past five years, a few hundred

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