StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Current international interest (anything really) - Essay Example

Cite this document
Summary
The pirates of Somalia and their acts of piracy off the Somali Coast have been posing a threat to international shipping from the early 1990s since the start of the Somali Civil War. From 2005 the International Maritime Organization, the World Food Program and many other…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95.6% of users find it useful
Current international interest (anything really)
Read Text Preview

Extract of sample "Current international interest (anything really)"

Pirates of Somalia Order No. 352296 January ‘10 Pirates of Somalia Introduction The pirates of Somalia and their acts of piracy off the Somali Coast have been posing a threat to international shipping from the early 1990s since the start of the Somali Civil War. From 2005 the International Maritime Organization, the World Food Program and many other international organizations have expressed their concern over the rise in piracy. This piracy has led to an increase in shipping costs and hindered the delivery of shipments.

Many ships today require military escort. According to reports Somali pirates have received huge amounts of ransom in the past few years. Armed extortion is one of the ways of making a living in Somalia. Piracy today in Somalia is a highly profitable enterprise raking in millions of dollars through ransom. It is growing at an alarming rate. According to reports about 41 ships were attacked in 2007, more than 122 were attacked in 2008 and more than 100 in 2009. The situation is grim and has become a cause for worry with reports of connection between the pirates and Islamist extremists.

Profile of the Pirates Most of the pirates are from Puntland, situated in northeastern Somalia and their ages range from 20 to 35.According to The East African Seafarers Association there are about five pirate gangs consisting of about 1,000 armed men. The pirates are mainly local Somali fishermen who work for themselves and are known for their skill and knowledge of the sea. Some pirates are ex-militiamen who used to fight for the local warlords.Cause for concern What began as small acts of piracy on small and vulnerable ships has today reached alarming proportions.

From 2008 Somali pirates have attacked ships much outside the Gulf of Aden. There has been an increase in the frequency and sophistication of the attacks. The size of vessels hijacked has also increased and today large cargo ships and international oil and chemical tankers have become the new targets for the Somali pirates. The economic success of the pirates has had negative effect on local residents. The presence of armed men makes the local residents feel insecure, and the lavish spending ways of the pirates has caused great fluctuations in the local exchange rate.

There are also reports that some Islamist groups have used Somali Pirates to smuggle arms.Measures to stop piracy US Navys Fifth Fleet and many other countries have deployed ships to patrol the coast of Somalia and the Gulf of Aden. Egypt along with Saudi Arabia, Yemen, Jordan and Sudan has formulated a joint strategy against piracy. But the size of the coast and the traffic of ships that goes past Somalia make it difficult to guarantee the safety of vessels. Conclusion The main problem is that Somalia does not have an effective government that can enforce law.

According to Jonathan Stevenson (2009), “taming Somali pirates will ultimately require rebuilding the Somali state in such a way that young men can both find viable means of support other than maritime banditry and be subject to law enforcement”. He further says that from the “ the serial failure of over a dozen internationally anointed "transitional governments" formed in exile, its clear that the Somalis need an unprecedented degree of outside help to accomplish the daunting task of state-building”.

References1. Stevenson Jonathan (2009), How to Stop the Somali Pirates, http://www.forbes.com/2009/04/10/somalia-navy-hostage-opinions-contributors-pirates.html

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Current international interest (anything really) Essay”, n.d.)
Current international interest (anything really) Essay. Retrieved from https://studentshare.org/miscellaneous/1561940-current-international-interest-anything-really
(Current International Interest (anything Really) Essay)
Current International Interest (anything Really) Essay. https://studentshare.org/miscellaneous/1561940-current-international-interest-anything-really.
“Current International Interest (anything Really) Essay”, n.d. https://studentshare.org/miscellaneous/1561940-current-international-interest-anything-really.
  • Cited: 0 times

CHECK THESE SAMPLES OF Current international interest (anything really)

The US Generally Accepted Accounting Principles vs International Financial Reporting Standards

The paper "The US Generally Accepted Accounting Principles vs international Financial Reporting Standards" states US GAAP and IFRS have their similarities: from the basic framework to the concepts of materiality and consistency to the presentation of financial statements.... GAAP) and the international Financial Reporting Standards or IFRS.... Financial Accounting Standards Board (FASB) and the international Accounting Standards Board (IASB) had already made plans to converge the two principles....
6 Pages (1500 words) Term Paper

Current political debate

The debate started when it it became clear what the protestors really wanted.... Various ethnic and religious groups like “Kurds, Armenians, Assyrians, But today, Syria is one of Israel's most uncompromising opponents and will do anything to gather arms to attack against it and openly speaks against Israel....
4 Pages (1000 words) Essay

What Is Quantitative Easing

The quantitative easing had several effects on the US interest rates and money market (Costa, 2014).... Quantitative easing is the creation of new money and increasing its amount supplied while at the same time sinking the pressures on the banks, which is normally because of liquidity shortage risks....
7 Pages (1750 words) Essay

Should the UK Join the Euro

It would really serve UK best in the international market if it joins the Euro since it will be best insulated from the many ever changing rates in currency.... The discussion about whether the United Kingdom should join and participate in Euro as its currency and abandon the currency that it has currently has sparkled lot of debates....
7 Pages (1750 words) Coursework

International Relation

According to this theoretical depiction, realism is centered on four… fferent propositions which are political groupism which indicates that what is considered the most important thing by all states is striving to acquire as much resources as they can accumulate, egoism where the states consider themselves the most important of all actors, ional anarchy where the international systems currently exists under dislikes and power politics which translates to each state surviving though building up of military (Burchill, et al....
4 Pages (1000 words) Essay

International Financial Reporting

The author in order to serve the objectives of this paper revisits the basic conceptual framework of the international financial reporting standards and describes its basic components that are highly essential for representing the financial information in a standard format presentation....
12 Pages (3000 words) Term Paper

Effects of Media in the Society

Starting with the positive impacts, Media has really opened the current generation's eyes.... Increased access to media has enabled increased revenue to the government and this has stabilized the local and international economy (Slaughter, 34).... This essay "Effects of Media in the Society" discusses media that has both negative and positive impacts on this current generation....
7 Pages (1750 words) Essay

Ethical Consideration in Foreign Policy

It has always been debated that who is really making UK foreign policy?... It has always been debated that who is really making UK foreign policy?... Most of us do not think it is right to cheat in school; many of us think it is an injustice to punish someone who did not do anything wrong.... However, in the past, especially during the Cold War, and throughout history, power has been used in the international scene to push forward national interests and agendas, sometimes without any regard to the nations and people they may directly or indirectly affect....
9 Pages (2250 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us