In your interest.
Online Personal Finance Magazine
No beating about the bush.
Somali pirates are running riot in the Indian Ocean, capturing a British ship, a French yacht, a German container ship, a Danish-owned, US-operated cargo vessel and, now, even a US ship. What could be the economics of the piracy business? First, as in any business strategy, they are continuously expanding their market. Their attacks are expanding beyond the immediate coast of Somalia, where...