Piracy ‘boosts economy’ in Somalia

Think-thank finds that pirates are investing sizeable illegal profits into local economies.

A new reports says parts of Somalia are benefiting from the rampant piracy that exists off its coast.

According to research by British think-tank Chatham House, pirates are investing some of the money they make into local economies.

Al Jazeera’s Andrew Simmons reports.

Source: Al Jazeera

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