Word: somali
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...Being a Somali pirate looks like a profitable business from the outside and it is. The margins are as attractive as those in the software industry. Microsoft still makes 60% or better margins on its core Windows, business, and server operations. With the risks that the pirates take, they ought to do as well as that...
...pirates, largely from lawless coastal Somali towns, have basically turned the heavily traveled route through the Gulf of Aden into a toll road that shippers' insurance firms have been willing to pay for (up to $3 million for a single vessel). About 20,000 merchant ships traverse the waterway each year; there have already been 74 attacks and 15 hijackings in 2009, compared with 111 attacks last year. The pirates generally want cash, not trouble. They've treated their hostages well, and violence has been rare. All of that changed, of course, last week when a quartet of Somalis seized...
...sailing the Gulf of Aden. "There is no purely military solution to it," Gates told an audience of the Marine Corps War College in Quantico, Va. "It is a serious international problem, and it's probably going to get worse." (See pictures of the U.S. and France fighting the Somali pirates...
...Barack Obama took a tough stance on Monday, saying, "I want to be very clear that we are resolved to halt the rise of piracy in that region." But Gates made it clear that the real solution isn't on the high seas. Instead, it's back along the Somali coast in the impoverished villages and towns that the pirates call home. "As long as you've got this incredible number of poor people and the risks are relatively small," he said, "there's really no way in my view to control it unless you get something on land that...
...this year - to East African nations for trial. Africom still has a lot of kinks to work out. At that House hearing on March 19, Ward acknowledged that he has only a "very small command" - headquartered in Stuttgart, Germany - to deal with Africa, and not a soul on Somali soil. But things are getting better. "Every day improvements are made," Ward said. "I count it a victory when I can pick up the phone or send an e-mail and it goes to the same address, and we are getting more and more that way." (See the top 10 audacious...