Word: ransoming
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...Internet equipment like routers to direct traffic around the network, and it can cost one-tenth as much as other networking gear. "We noticed Ethernet kept getting cheaper and cheaper and cheaper, so we said we'd better take advantage of that," says Alcatel chief technology officer Niel Ransom. Indeed, Alcatel's innovation is part of an ever-widening appreciation of what Ethernet technology can accomplish. "Ethernet continues to expand - in distance, bandwidth capacity and the ability to run voice and video - in ways people never anticipated five years ago," says John Chambers, Ceo of router maker Cisco Systems. DSLAMs...
Thieves sometimes try using artworks as collateral for other underworld deals. The masterminds of the 1986 robbery of Russborough House near Dublin, who snatched 18 canvases, tried in vain to trade them for Irish Republican Army members held in British jails. Others demand a ransom from the museum that owns the pictures. Ten years ago, thieves in Frankfurt, Germany, made off with two major canvases by J.M.W. Turner that were on loan from the Tate Gallery in London. The paintings, worth more than $80 million, were recovered in 2002 after the Tate paid more than $5 million to people having...
...American forces when they were captured on Aug. 20. Over the past five months, more than 100 hostages from nearly 20 countries have been seized in Iraq. In some cases they were freed. Seven truck drivers abducted in July were released by their captors last week after a ransom of $500,000 was paid by their employer, the Kuwait and Gulf Link Transport Company. But a group calling itself the Army of Ansar al-Sunna announced last week that it had executed 12 hostages from Nepal abducted in August, accusing the country's leadership of assisting U.S. forces in Iraq...
...That conclusion will confirm the fears of regional intelligence officials and terrorism experts that Abu Sayyaf has evolved into a much more ferocious band. A new leadership has abandoned the kidnapping that brought in millions of dollars in ransom. Now, the group is returning to its Islamic roots and is using the familiar weapons of terror?bombing and assassination?in an attempt to achieve an independent Muslim republic in the southern Philippines. Abu Sayyaf already claims to be connected to al-Qaeda. And although regional intelligence officials downplay that assertion, they are worried that Abu Sayyaf could become what...
...funding for the group through one of the Islamic charities he operated in the Philippines at the time. But after the death of Abu Sayyaf's founder Abdurajak Janjalani in a firefight with police in August 1998, its religious and political goals were dropped in favor of kidnapping for ransom. The group was paid millions of dollars by the governments of Malaysia, Libya, Germany and France to release hostages seized from a Malaysian diving resort in April 2000. In 2001, Abu Sayyaf kidnapped three Americans and 17 Filipinos from a resort in the Philippines; two of the American hostages...