That money, which has been as high as $30 million in some cases, has helped to finance the war in Somalia, according to some reports. ... According to Roger Middleton, author of a key report on the situation, "at the moment it's a five-six problem [on a scale of one to ten] with the potential to be a seven or eight You're lookin at nine, ten, if it starts to be co-opted by international terror organizations." ... The pirates know how important this route is, and they understand the economics of how their terrorist acts affect the world. ...

• Word Count: 419
• Approx Pages: 2
• Has Bibliography
• Grade Level: High School

War, in my opinion, is not an option and thousands of people agree with this as they are protesting the ongoing dispute in Iraq around the world. ... According to 2001 Nobel Prize winner for Economics Joseph Stiglitz, people hoping for an economic boom from a war with Iraq will be disappointed and in fact a war with Iraq will have a very negative impact on the global economy. (The News Strait Times, Oct. 15/2002) Times have changed and unless the entire country is affected, like with WWII, the economy will not be boosted. ... The aftermath of war is often the har...

• Word Count: 755
• Approx Pages: 3
• Has Bibliography
• Grade Level: High School

Especially, since the internet has become a part of our lives, the style of production and commerce. 20 Years ago only 1/3 of business people in the world could communicate with each other about trade and economics. ... UN Secretary-General has advised a series of advice to Johannesburg Summit in his report in order to spread economical growth and continuation of advancement to all countries and people with the help of globalization. Some of his advices are as the following: To help developing countries' services and productions enter the markets of developed countries, the productions ...

• Word Count: 1566
• Approx Pages: 6
• Grade Level: High School