Tuesday, April 26, 2011

Piracy to hurt commodity prices - report

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The East African Community could still be struggling to contain calls from nationals to reduce taxes on petroleum products and the escalating commodity prices, a new report released recently says pirates are likely to up their game in the Gulf of Aden. The latest issue of Marine Link.com, an online Marine News Magazine, says should the pirates’ activities become tense, the cost of the cost of transport and insurance taken by the shipping lines will go up. It also says more people including

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