Somali Pirates Release Ukrainian Ship
RENEE MONTAGNE, host:
Good morning. I'm Renee Montagne.
The plunging value of banks, oil, houses, now includes loot taken by pirates. Somali pirates reportedly demanded the biggest ransom ever, $20 million, when they snatched a Ukrainian ship loaded with tanks and other valuable weapons. That was last September. Today, the pirates are leaving the ship after settling, according to a Russian news service, for just over $3 million. It was apparently dropped onto the ship.
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