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Somalia pirate economy 06 03 2012

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Ransoms are a fraction of the total price.
Mohammad Saaili Shibin convicted of acting as negotiator in 2010, 2011 hijackings
Somalia pirate economy 06 03 2012

A pirate folds his arms over his high-caliber weapon near two boys standing next to plastic drums filled with gasoline on a beach in the central Somali town of Hobyo on August 20, 2010.

Roberto Schmidt