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Pirate Threat Costing Billions

Pirate Threat Costing Billions

CNN's Zain Verjee looks at the emotional and financial costs of piracy on the high seas.

April 6, 2011 2:16 by



As the Finnish navy has just detained 18 suspected pirates on a boat in the Arabian Sea and is questioning, Kipp found this video on the cost of piracy and its affect on businesses and insurance premiums particularly enlightening.

Read more:

Business of Piracy

Finnish navy catches suspected Somali pirates

Source: CNN



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