n Somalia’s main pirate lair of Haradheere, the sea gangs have set up a cooperative to fund their hijackings offshore, a sort of stock exchange meets criminal syndicate. Heavily armed pirates from the lawless Horn of Africa nation have terrorised...

Somali pirates on Wednesday seized a cargo ship in the Indian Ocean with 22 crew members on board, the European Union Naval Force said. Naval spokesman Cmdr. John Harbour said that there are three Greeks and 19 Filipinos among the crew of the...