use of financial_research for projection

May 28th, 2015
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Abilene Christian University
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Somalia's coral reefs, ecological parks and protected areas. After the collapse of the central government in the ensuing civil war, the Somali Navy disbanded. With Somali territorial waters undefended, foreign fishing trawlers began illegally fishing on the Somali seaboard and ships from big companies started dumping waste off the coast of Somalia. This led to the erosion of the fish stock. Local fishermen subsequently started to band together to protect their resources.[5][8][34]After seeing the profitability of ransom payments, some financiers and former militiamen later began to fund pirate activities, splitting the profits evenly with the pirates.[35] In most of the hijackings, the pirates have not harmed their prisoners.[36]

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..HistoryIn the early 1980s, prior to the outbreak of thecivil warin Somalia, the Somali Ministry of Fisheries and the Coastal Development Agency (CDA) launched a development program focusing on the establishment of agricultural and fishery cooperatives for artisanal fishermen. It also received significant foreign investment funds for various fishery development projects, as the Somali fishing industry was considered to have a lot of potential owing to its unexploited marine stocks. The government at this time permitted foreign fishing through official licensing or joint venture agreements, forming two such partnerships in the Iraqi-Somali Siadco and Italian-Somali Somital ventures.[33]Somalia'scoral reefs, ecological parks and protected areas.After the collapse of the central government in the ensuing civil war, theSomali Navydisbanded. With Somali territorial waters undefended, foreignfishing trawlersbegan illegally fishing on the Somali seaboard and ships from big companies started dumping waste off the coast of Somalia. This led to the erosion of thefish stock. Local fishermen subsequently started to band together to protect their resources.[5][8][34]Aft

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