Capital Market Journal

Capital Markets are the cornerstone foundation of economies

MIDDLE-EAST INSTABILITY

7th October 1985, the Achille Lauro Hijacking by the PLF and what later became the Sigonella standoff

On October 7, 1985, the Italian cruise ship Achille Lauro was hijacked by four members of the Palestinian Liberation Front (PLF) while sailing off the coast of Egypt. The hijackers, led by Youssef al-Molqi, demanded the release of 50 Palestinian…