Jump to navigation

Libya

Libya

Population: 6.91m
GDP: $48.22bn
Debt: No data

news from Libya

Category: all

Found 148 articles.

Displaying 1-10 out of 148 results.

The Gadaffi billions – how Libya plans to reclaim the stolen wealth

Colonel Moammar el Gadaffi stashed billions in US banks, and now Libya’s power brokers are vying for control of this hidden fortune. The scramble for wealth has ignited a fierce political battle in Tripoli – one so ruthless that the official leading the recovery has been forced into hiding, fearing for his life. An Africa Confidential Special Report by John Hamilton our North Africa correspondent and managing director of Cross-Border Information.

After three months in illegal detention – partly in one of Libya’s most brutal prisons – Mohammed al Mensli, Director-General of the Libyan Asset Recovery and Management Office...

READ FOR FREE

Corruption and power struggles plague recovery plan

Militia leaders and their political allies continue to siphon oil revenues, overriding timid reform attempts

Oil production, the lifeblood of Libya’s economy, is nearing 1.4 million barrels a day; a substantial hike but still 200,000 b/d below target. Political manoeuvring and rampant corruption...


Tensions around farcical leadership battle

The sacking of the central bank governor triggered another round of factional infighting, disrupting oil production and exports

In a sea of disinformation, private agendas and shifting alliances, Libya moves from one crisis to another. The latest centres on the Presidency Council’s decision to sack the...


DISPATCHES

Oil output collapses as central bank stand-off continues

The rival Benghazi-based government has ordered a shutdown of eastern fields causing production to drop by half

A collapse in daily oil output has been one of the results of the chaos engulfing Libya’s central bank. After the rival Benghazi-based government of Osama Hammad, backed...

READ FOR FREE

Tuareg-Wagner clash in Libya?

Unconfirmed reports in Tripoli claim that a group of Tuareg fighters in southwestern Libya has captured some Wagner Group soldiers there in revenge for the capture of Kidal,...


Murky waters around Tobruk

Eyebrows have been raised in Washington DC by the lobbying contract filed in October between the Libyan House of Representatives, now based in Benghazi, and K-Street outfit Vogel...


How militias police the Mediterranean for Europe

Accused by the UN of heinous rights abuses, militias tied to Dubaiba and Haftar now run border control

Militias linked to the Tripoli-based Government of National Unity (GNU) and its erstwhile rivals in the Libyan National Army (LNA) led by General Khalifa Haftar have taken over...


Displaying 1-10 out of 148 results.