WRAPUP 6-India blows up pirate boat; tanker owners in talks
* Saudi tanker owners negotiating ransom payment
* Indian warship destroys pirate boat
* U.S. consults Security Council members
* Russia calls for attacks on pirate bases
By Abdi Sheikh
MOGADISHU, Nov 19 (Reuters) - An Indian warship blew up a pirate ship in the Gulf of Aden and gunmen from Somalia seized two more vessels, defying the foreign warships patrolling the seas off their anarchic country.
Buccaneers have taken a Thai fishing boat, a Greek bulk carrier and a Hong Kong-flagged ship heading for Iran since Saturday's spectacular capture of a Saudi supertanker carrying $100 million of oil, the biggest ship hijacking in history.
The White House said U.S. President George W. Bush had been briefed and the United States was consulting other U.N. Security Council members on ways to combat the wave of piracy. Continued...
Dubai Debt Fears
Banks outside the Gulf played down their exposure to Dubai debt, after fears the emirate could default and even derail world economic recovery prompted a sell-off in global markets. Full Article | Slideshow
India Investment Summit 2009
Top executives and bankers discuss their own plans and the broader opportunities and challenges for India. Full Coverage






India
US
UK










