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Our daily trip around the world

Friday, Mar 22, 2024

Image: The Economist

🌍🚢 Somali pirates are staging a comeback. According to a new Reuters report, Somali pirates have in recent months ramped up attacks in the Indian Ocean for the first time since 2014, in an effort to take advantage of the distraction provided by recent Houthi rebel strikes in the Red Sea. Since November, pirates have seized at least 14 vessels off Somalia’s coast – and local officials expect this figure to increase significantly after monsoon season ends this month.

💥 Israel’s military claims it's fighting Hamas troops at Gaza's biggest hospital, which Hamas denies. Israeli officials say they’ve killed “over 140 terrorists” and arrested 300 other militants in an ongoing raid that began Wednesday, with prisoners including dozens of top Hamas commanders. Hamas has denied that its fighters were based in the Al-Shifa hospital, and claims that all of the people killed in Israel’s raid were wounded patients and displaced Palestinians. Independent news organizations have been unable to verify either account.

🇪🇺🇷🇺🇺🇦 The EU agreed to give Ukraine the profits from ~$206 billion in seized Russian assets. Yesterday’s agreement came after nearly a year of negotiations over the legal basis for the EU’s seizure of Russian assets as part of sanctions over its war in Ukraine. The move to pay Ukraine carries some legal risk, with the possibility that the funds would have to be returned if Russia launches legal action after the war. The EU’s proposal sets aside 90% of the money for Ukraine’s military, and 10% for reconstruction.

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