Granted, I haven’t been following the whole “rebirth of piracy” story as closely as I should be. But I nevertheless floored to read this assessment of just how bad the situation has gotten, particularly for sailors who lack the personal financial resources to wriggle free of captivity: Some 600 seafarers are at present held for […]
Entries Tagged as 'piracy'
Up from the Underground
April 4th, 2011 · 5 Comments
Though I only recently became aware of the fact that Burkina Faso is a hotbed of film production, I was completely unsurprised to learn that the nation’s movie industry is deeply troubled. The primary culprit, as you might surmise, is piracy; as cinemas have vanished with the proliferation of affordable DVD players, the markets in […]
Risk and Reward on the Gulf of Aden
August 4th, 2010 · 3 Comments
If you haven’t yet checked out the Financial Times much-discussed breakdown on the economics of Somali piracy, do yourself a favor and allocate a few minutes’ worth of reading time. The piece won my heart by using buccaneer salary estimates to convey some perspective on how the notion of “dangerous work” differs so sharply between […]
The Nollywood Math
March 8th, 2010 · 3 Comments
As the late Art Buchwald would have been happy to tell you, Hollywood’s accounting practices tend to be garbled at best, and borderline criminal at worst. Studio bean counters are masters of obfuscation and misdirection, with a knack for making blockbusters seem like middling hits, and profitable B-movies appear like money losers. Figuring out how […]
Won’t Somebody Please Think of the Airlines?
October 12th, 2009 · Comments Off on Won’t Somebody Please Think of the Airlines?
We’re extremely curious to learn the backstory on why Louis Armando Peña Soltren decided to return to the U.S. from Cuba yesterday. He’d been hiding in Fidel Castro’s alleged proletarian paradise for over four decades, and now seems likely to spend the rest of his days in a federal penitentiary for orchestrating a 1968 skyjacking. […]
The Somalia of 1855
April 21st, 2009 · Comments Off on The Somalia of 1855
A dispatch (PDF) from the pirate-filled waters off Canton (present-day Guangzhou). The parallels to modern accounts from Somalia are pretty eerie, especially when you consider that China was undergoing its own brand of internal turmoil during this period: The pirates, who have always been very numerous and very formidable in these waters, have lately increased […]