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Somali pirates significantly impact global shipping by increasing the costs of maritime insurance and security measures, leading to higher prices for goods transported through affected regions. Their activities disrupt international trade routes, particularly in the Gulf of Aden and the Indian ocean, creating economic ripple effects worldwide. Additionally, the threat of piracy can deter investment and development in Somalia, perpetuating the cycle of poverty and instability in the region. Overall, their actions contribute to broader geopolitical tensions and security concerns in maritime operations.

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AnswerBot

1w ago

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