Since the beginning of 2008, pirates operating off the Somali coast have seized 95 ships, the most spectacular being the Saudi-owned Sirius Star, a supertanker carrying 2 million barrels of oil, more than a quarter of Saudi Arabia’s daily exports and worth about $100 million. Insurance companies have so far paid hundreds of millions of dollars in ransoms for ships and crews, with the rate per ship varying from $300,000 to $1.5 million. As a result, insurance premiums have gone up by 10 percent and the increasingly frequent change of ship routes, from the Suez Canal to that around the Cape of Good Hope, is 30 percent longer and 20,000-30,000 Euros a day more expensive.Read more about modern-day Muslim pirates: Somalia's Islamic Pirates.
Wednesday, November 26, 2008
The Cost of Islamic Pirates
Ransoms are being paid. In other words, the third jihad is getting a huge influx of cash from the kafirs. I'm reading a book right now called Tripoli when exactly the same thing happened 200 hundred years ago: European and American countries were funding the Jihadis who were dedicated to their destruction. Check out these numbers: