Dec
06

Somalia – Somali pirates set up own stock exchange (MalaysiaNews.net)

Somali pirates set up own stock exchange (MalaysiaNews.net)
People gather outside a former local bank, where pirates were dividing ransom payment obtained for the Spanish ship Alakrana. In Somalia’s main pirate lair of Haradheere, the sea gangs have set up a ….

Somali gov’t, moderate Islamist faction sign cooperation pact (People’s Daily)
The Somali government has singed a cooperation deal with a main moderate Islamist group opposed to the two radical Islamist rebels in war-torn Somalia, a joint statement said Saturday. The agreement between Somali government and the moderate Islamist faction of Ahlu Sunnah Wal Jama which is also opposed to the radical Islamist movements of Al shabaab and Hezbul Islam comes as the two sides face …

High crimes on the high seas (The Star)
AFTER pirates attacked a Spanish fishing boat in the Indian Ocean at dawn last Sunday and was repelled by on-board security guards, another vessel was attacked and hijacked off the coast of Somalia within hours.

Four businessmen killed in Somalia (Press TV)
At least four businessmen have been killed and five others wounded during an attack by unidentified gunmen on a mosque in Somalia’s Hiiran region.

Somalia’s new order: filthy rich pirates (Brisbane Times)
Influx of millions of dollars in ransoms opens wealth gap between cashed-up pirates and Somalia’s have-nots.

Somalia calls for foreign peace plan (The Scotsman)
SOMALIA’s government last night called for an international peace plan like President Barack Obama’s new Afghan strategy.

Somalia seeks a dose of Obama’s Afghan vision (The Star)
NAIROBI (Reuters) – Somalia’s government called on Saturday for an international peace plan like President Barack Obama’s new Afghan strategy, saying it would be more effective and far cheaper than current efforts to combat Somali piracy.

UN Somalia expert calls for grassroots effort to prevent atrocities (People’s Daily)
UN independent expert on the situation of human rights in Somalia Dr. Shamsul Bari has condemned the recent suicide attack, which killed at least 19 people including three Somali government ministers on Thursday at a graduation ceremony in a Mogadishu hotel. In a statement released on Friday, Bari called for a nationwide grassroots effort to prevent a repetition of Thursday’s killings of several …