Djibouti port fees will fuel Ethiopian inflation
The revival of a plan by Djibouti to charge Ethiopia an extra $22.5 million a year in port tariffs will push up inflation in the land-locked country, a senior Ethiopian business leader said on Friday.
Ethiopia: second ship escapes Somali pirates
Somalis while eleven of the suspects were Yemenis. The Indian warship Mysore seized two small boats from the pirates as well as several arms including automatic weapons and rocket-propelled grenade launchers.
Regional Approach Crucial to Bring Pirates to Justice, Says UN Anti-Crime Chief
The United Nations crime-fighting agency today proposed a regional approach to bringing pirates off the Somali coast to justice similar to one that has proved successful in fighting drug traffickers in the Caribbean.