'Out of control' piracy set to cost world £9bn by 2015

Somali pirates are earning more than 150 times their country's national average wage in what has become a multimillion-dollar business, a new study reveals.

Experts believe that pirates in the East African country – the most dangerous point in a rising tide of piracy at sea – earn up to $79,000 a year. It is a stark contrast to the average annual income in Somalia of $500.
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Source: Independent