The History and Impact of Piracy in Africa

TLDR Piracy in Africa, including modern-day pirates in Somalia, has a long history and has become increasingly sophisticated. Landlocked developing countries face significant challenges in accessing resources in the ocean, leading to lower life expectancy, lower salaries, and less trade volume compared to their coastal neighbors.

Timestamped Summary

00:00 Piracy in Africa, including modern-day pirates in Somalia, has a long history and has become increasingly sophisticated.
03:18 Piracy in Africa, including modern-day pirates in Somalia, has a long history and has become increasingly sophisticated.
06:29 In 1945, the United States unilaterally extended its territorial waters from three miles to 200 miles under pressure from oil companies, leading to a significant increase in oceanic activities and the value of resources extracted from the ocean.
09:58 The convention of the law of the sea, ratified in 1982, extended territorial waters from three miles to 12 nautical miles and established exclusive economic zones (EEZs) that go 200 miles, granting rights to resources such as fisheries and oil.
13:21 There is currently a "sea grab" happening around the Arctic circle as climate change melts the polar ice caps, unlocking an estimated 25% of the world's natural gas and oil reserves, causing countries like Canada, the U.S., Russia, Norway, Denmark, and Sweden to claim exclusive economic rights to those resources.
16:22 Landlocked developing countries face significant challenges in accessing resources in the ocean, leading to lower life expectancy, lower salaries, and less trade volume compared to their coastal neighbors.
19:43 Landlocked Western African nations are making about 12% of what their coastal neighbors are in importing, exporting revenues, and it would be beneficial for them to partner with coastal nations for trade deals.
22:55 A re-breather is scuba equipment used by Navy SEALs that recycles exhaled air, eliminating bubbles.
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