World struggles to take on plague of Somali piracy

20 November 2008, 6:31 pm

The U.N., African Union and Arab nations struggled to respond Thursday to a surge of pirate attacks, authorizing more sanctions and calling for international peacekeepers to stop Somali sea bandits who appear undeterred by nonviolent tactics.The economic reverbations of the attacks widened as the world's largest container-shipping company said it would began sending some slower vessels thousands of miles around southern Africa to avoid the perilous waters on the shorter Suez Canal route. Insurance underwriters and brokers said the increased danger off the east coast of Africa was driving up premiums for shipping operators.... Read More »

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