Piracy is down (the real kind)

As opposed to the bullish media-downloading market, naval piracy is way down compared to normal. In the last quarter, there were only 41 incidents of pirate activity compared to last year’s 61. The numbers itself are not that interesting but the way in which the international community analyzes and manages piracy is really cool. The pirate-control group is the “International Maritime Bureau”:http://www.icc-ccs.org/imb/overview.php part of “International Chamber of Commerce”:http://www.iccwbo.org/. View the IMB’s latest piracy report “here”:http://www.icc-ccs.org/main/news.php?newsid=83.