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Farah Abdi Warsameh / AP

There have been four incidents of piracy off the coast of Somalia in the last month, per the NYT, including the first seizure of a large commercial vessel since 2012. This is a surprising resurgence, as piracy off the coast of Somalia had dropped dramatically to 15 incidents in 2015-2016 compared to 237 in 2011, per the UN.

Why it matters: This could wreak havoc on the economies of the area, as well as whichever countries have ships traversing the waters at risk here. 90% of the world's commerce travels by sea and previous attacks off the Coast of Somalia "threatened the free flow of international commerce and energy supplies," according to the State Department.

The UN Navy's Fifth Fleet, which commands regional antipiracy, said it was "monitoring the situation."

Why the uptick is happening: Analysts told the NYT, "a number of factors had driven the resurgence in piracy, including drought, famine, corruption, a surge of smuggled weapons and the influence of the Islamic State." The decrease came after a new government was installed in Somalia in 2012 that prioritized stopping piracy. Anti-piracy policies, including prosecuting pirates and installing armed guards on commercial vessels, had also helped.

Go deeper

"Atmospheric river" swings Northern California from drought to flood

Satellite view of the bomb cyclone swirling off the coast of the Pacific Northwest and the atmospheric river affecting California on Oct. 24. Photo: CIRA/RAMMB

A series of powerful "atmospheric river" storms are delivering historic amounts of rainfall across parts of drought-stricken California and the Pacific Northwest — triggering widespread power outages and flooding.

Why it matters: The strong atmospheric river, packing large amounts of moisture, is causing Northern California to whiplash from drought to flood.

“You blew it”: GOP activist turns on corporations over vaccine mandates

The chairman of the American Conservative Union said on "Axios on HBO" he accepts "Joe Biden is my president, and I want him to succeed," but predicted Republicans retake the House and Senate in 2022 — with greater than 50% odds Donald Trump runs in 2024.

The big picture: In a joint interview with his wife, Mercedes, Matt Schlapp also refused to share their vaccination status. And he told corporate America "you blew it" by embracing vaccine mandates and liberal social stances that have alienated GOP voters and politicians.

3 hours ago - Politics & Policy

Pelosi expects “billionaire’s tax” to pay for Biden social spending

Photo: Yasin Ozturk/Anadolu Agency via Getty Images

House Speaker Nancy Pelosi (D-Calif.) said Sunday she expects the chamber to pass the bipartisan infrastructure plan by week’s end, and alternatives to corporate tax hikes and a “billionaires tax” will be used to finance President Biden’s promised expansion to the social safety net.

Why it matters: Pelosi’s comments come as House and Senate leaders try to wrap up a deal. What will get cut — and how the remainder will be paid — are linchpins to a final agreement.