Crime Pays for Somali Pirates – by Stephen Brown

pirates

Al-Qaeda’s proxies step up terror war at sea.

Pirate stock exchange helps fund hijackings, Financial Post

HARADHEERE, Somalia — In Somalia’s main pirate lair of Haradheere, the sea gangs have set up a cooperative to fund their hijackings offshore, a sort of stock exchange meets criminal syndicate. Heavily armed pirates from the lawless Horn of Africa nation have terrorized shipping lanes in the Indian Ocean and strategic Gulf of Aden, which […]