This is the story of Somalia’s booming, not-so-underground pirate economy. The country is in chaos, countless children are starving and people are killing one another in the streets of Mogadishu, the capital, for a handful of grain.
But one particular line of work — piracy — seems to be benefiting quite openly from all this lawlessness [...]
1913 Intel
International Conflict, Western World Threats and Geopolitical Intelligence
Somalia’s Pirates Flourish in a Lawless Nation
Posted by Matt in November 28th, 2008 | no comment
Published in Africa, 50 Million, Chaos, Countless Children, Desperation, Economy, Flourish, Handful, Lawlessness, Mogadishu, Piracy, Pirate, Pirates, Pirates Of Somalia, Profits, Somalia
Russia: It’s scarier than you think
Posted by Matt in October 15th, 2008 | no comment
Published in Russia, Benchmark, Calm Life, Chief Economist, Credit Crisis, Current Situation, Economic Growth, Economy, Fears, Financial Crisis, Financial Markets, Global Credit, Investment Bank, Investors, moscow, Oil Prices, Rogue State, Rts Index, Russia, Russians, Trust Investment
Investors are fleeing fragile financial markets, oil prices are falling, and the global credit crisis threatens the economy
…
But scratch the surface a bit, and things are less splendid than they appear. As the financial crisis spreads, Russians are suddenly discovering that their economy is shakier than many had cared to believe. Credit is increasingly tight, [...]
Putin’s Useful Idiots
Posted by Matt in October 11th, 2008 | no comment