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


    YOU MIGHT ALSO LIKE

    Interactive: Plundering Cambodia's forests

    Interactive: Plundering Cambodia's forests

    Meet the man on a mission to take down Cambodia's timber tycoons and expose a rampant illegal cross-border trade.

    The priceless racism of the Duke of Edinburgh

    The priceless racism of the Duke of Edinburgh

    Prince Philip has done the world an extraordinary service by exposing the racist hypocrisy of "Western civilisation".

    China will determine the future of Venezuela

    China will determine the future of Venezuela

    There are a number of reasons why Beijing continues to back Maduro's government despite suffering financial losses.