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Somalia

A Pirate's Life For Me! Hijackers Bring Boom to Somalian Towns

Nov 19 2008 - 3:30pm by LibertySugar
82 Views - 10 comments
A Pirate's Life For Me! Hijackers Bring Boom to Somalian Towns In chaotic Somalia, economic stimulus packages come in the form of pirate booty. The country's weak central government cannot stop rogue seamen from hijacking huge commercial ships and demanding millions of dollars in ransom. Right now, these pirates are asking for a record $10 million in exchange for a Saudi oil tanker carrying over $100 million worth of cargo.
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Front Page: Pirates Anchor Largest Oil Rig Ever Hijacked

Nov 18 2008 - 8:17am by LibertySugar
185 Views - 20 comments
Front Page: Pirates Anchor Largest Oil Rig Ever Hijacked
  • A giant Saudi oil tanker seized by Somali pirates Saturday has been anchored off the coast of Somalia. The cargo in the biggest tanker ever hijacked is estimated to be worth $100 million. — BBC News
  • US officials warned lawmakers that more economic aid is urgently needed, even though the Bush administration has decided not to spend more of the $700 billion bailout funds approved in October.
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Front Page: Taiwan Arrests Its Former Leader

Nov 11 2008 - 8:00am by CitizenSugar
52 Views - 6 comments
Front Page: Taiwan Arrests Its Former Leader
  • The ex-president of Taiwan was detained by his country's police on charges of corruption and money laundering today. The defiant Chen Shui-bian raised his handcuffed hands above his head while shouting “Long live Taiwanese independence."— New York Times
  • In his White House meeting with Barack Obama, President Bush indicated that he would support another economic stimulus package, which includes aid to the auto industry, if the Democrats stopped opposing the Colombian free-trade agreement. — International Herald Tribune
  • Somalian pirates captured a Philippines chemical tanker, carrying 23 crew members, marking the 83rd hijack in Somalian waters this year.
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Somalia: Is the Chaos There a US Problem?

Oct 29 2008 - 10:00am by LibertySugar
213 Views - 27 comments
Somalia: Is the Chaos There a US Problem? An exaggerated fear of "Islamofascism" ignores a complex reality, causing the US to overreact and damage its own interests. So says columnist Nicholas D. Krsitof, who argues that the situation in Somalia is one of the least-known Bush administration failures.
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Front Page: Foreclosures Grow by 70%, US Hands Province to Iraqis, Pirate Attacks Up 75%

Oct 23 2008 - 5:58am by CitizenSugar
76 Views - 12 comments
Front Page: Foreclosures Grow by 70%, US Hands Province to Iraqis, Pirate Attacks Up 75%
  • Foreclosures Grow by 70%: The number of homes in a state of foreclosure grew 70 percent in the third quarter of this year, compared with the same time last year. Almost 766,000 homes received at least one foreclosure related notice between July and September. By the end of the year it's thought there will be a million bank-owned properties for sale, or a third of all houses on the market.
  • US Hands Province to Iraqis: Iraqis have been given control of security of the province of Babil by the US military.
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International Flotilla, Maybe Mercenaries, to Take on Pirates!

Oct 17 2008 - 8:00am by LibertySugar
81 Views - 5 comments
International Flotilla, Maybe Mercenaries, to Take on Pirates! Warships from 10 countries are joining together to take on some of the world's most dangerous, and successful, pirates. (Can you say "arrrrrrrr" in 10 languages?) Not even the presence of US military vessels is enough to prevent these hijackers from seizing commerce ships, grabbing booting, and demanding ransoms. Since 250 international ships use the pirate-infested waters to move goods each day, the world's trading powers worry that it could be too expensive to conduct business.
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Front Page: Bush Implores Congress, Pirate Shoot-Out, More Than 140 Dead in Temple Stampede

Sep 30 2008 - 5:55am by CitizenSugar
392 Views - 9 comments
Front Page: Bush Implores Congress, Pirate Shoot-Out, More Than 140 Dead in Temple Stampede
  • Bush Implores Congress: Speaking this morning at the White House, President Bush said that the economic damage will be "painful and lasting" if a bailout bill is not passed by Congress. The House is not scheduled to meet again until Thursday but lawmakers are looking for a new deal following the failure of the bill yesterday and the worst single-day drop of the stock market in 20 years.
  • Pirate Shoot-Out: Somali pirates who seized a Ukrainian ship for a $20 million ransom last week have been involved in a shoot-out at sea among themselves. The pirates dispute the report saying, "This is propaganda being spread by some people who are not aware of our situation.
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Front Page: Bush to Meet Candidates, China Launches Space Mission, Civilians Flee Violence in Somalia

Sep 25 2008 - 5:54am by CitizenSugar
149 Views - 18 comments
Front Page: Bush to Meet Candidates, China Launches Space Mission, Civilians Flee Violence in Somalia
  • Bush to Meet Candidates: After his address on the economy last night where President Bush said, "we're in the midst of a serious financial crisis," Bush is set to meet with both candidates plus leaders of Congress today. It's a session he hopes will, “speed our discussions toward a bipartisan bill.” It was Bush's first prime-time speech devoted to the economy that he says, is "in danger."
  • China Launches Space Mission: China's third manned space mission blasted off today on a journey that will last 70 hours and will include the country's first space walk. China's president was on hand to see the astronauts off on their riskiest mission to date.
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Against All Odds Teen Somali Sprinter Heads to Olympics

Jul 30 2008 - 2:00am by CitizenSugar
845 Views - 11 comments
Against All Odds Teen Somali Sprinter Heads to Olympics Getting to the Olympics is tough for anyone — imagine training in a country in the midst of 17 years of civil war and chaos, where militia men try to prevent you from training. That's the case for 16-year-old Somali sprinter, Samiya Yuusf Omar. Battling her way up from poverty with a single mother, and facing pressure from friends and relatives who tell her that running will prevent her from marrying and from a better life, she's qualified to represent her country in Beijing.
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Which Countries Are Most Corrupt? Not New Zealand, Denmark

Jul 7 2008 - 10:00am by CitizenSugar
2,757 Views - 11 comments
Which Countries Are Most Corrupt? Not New Zealand, Denmark Money could very well be the root of all evil — though in the latest study of corrupt countries, it's actually the lack of money that sparks trouble. The new report by Transparency International found that in two-fifths of the world's nations, corruption continues to intensify — a trend that can be traced to economic realities. In the countries found to be the most corrupt, 40 percent are classified by the World Bank as low income.
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