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...first printed edition of the 16th-century Japanese novel The Tale of Genji, and a journal kept by a Venetian scholar who accompanied Ferdinand Magellan on his voyage around the world. If English is more your speed, try the translation of a French voyager's tour of the Indian Ocean - maybe a safer trip than it is today...

Author: /time Magazine | Title: The UN's World Digital Library | 4/22/2009 | See Source »

...centuries, the Strait of Malacca has been one of the great thoroughfares of global commerce. In the old days of wood and sail, the 500-mile ribbon of water, which connects the Indian and Pacific oceans between Malaysia and the Indonesian island of Sumatra, carried pricey spices from the islands of the Indies to the eager markets of the West. Today, about 40% of the world's trade passes through the strait on 50,000 vessels that ply its waters every year. Oil from the Persian Gulf flows east to China and Asia's other voracious economies, which in turn...

Author: /time Magazine | Title: How to Defeat Pirates: Success in the Strait | 4/22/2009 | See Source »

...effect colonialism is still having on native populations in Latin America: "The massacres of Indians that began with Columbus never stopped ... The Yaqui Indians of the Mexican state of Sonora were drowned in blood so that their lands, fertile and rich in minerals, could be sold without an unpleasantness to various U.S. capitalists ... On the Andean slopes near Bogota, the Indian peon must still give a day's work without pay to get the hacendado's permission to farm his own plot on moonlit nights...

Author: /time Magazine | Title: Chávez's Gift: Open Veins of Latin America | 4/21/2009 | See Source »

...European officials insist they don't pay ransoms to pirates. And why would they? Shipping and insurance companies now routinely pay ransoms of millions of dollars, dropping sack-loads of cash from airplanes into the Indian Ocean and Gulf of Aden, despite assertions from politicians back home that the money is fueling the rampant piracy...

Author: /time Magazine | Title: Why the Somali Pirates Keep Getting Their Ransoms | 4/20/2009 | See Source »

...they were astonished last November when the Saudi supertanker Sirius Star was seized, since its side had been regarded as too high for pirates to scale. The pirates finally released the ship and its crew two months later, after a security company dropped $3 million in cash over the Indian Ocean. "Even with the best protections in the world, you still have the risk because the pirates are very well armed and trained," says risks underwriter Bonnissent. "It is not as easy as it seems from an office in the Western world...

Author: /time Magazine | Title: Why the Somali Pirates Keep Getting Their Ransoms | 4/20/2009 | See Source »

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