Argh! Ransoms up 37%
In theses times of layoffs, deficits and budget cuts, anything involving finances that grows at a 37% clip over two years is good news, right? Well, here’s the latest on the pirate front, from Kenya’s The East African:
Ransom payments paid by shipping companies to Somali pirates have reached nearly $110 million this year — a 37 per cent jump in two years — despite the increasing success of international naval forces in preventing pirate attacks.
Well…I’m sure it’s good news somewhere.