Libya is an Arab state in northern Africa. Its capital is Tripoli. It is a member of the UN and OPEC. The political and economic situation in Libya has been unstable since the overthrow and murder of its leader Muammar Gaddafi.
The Libyan Political Dialogue Forum (LPDF) overseen by the UN has elected an interim prime minister and three-member Presidency Council to lead the war-ravaged country until elections at the end of this year.
Libya has begun pumping crude to its biggest port again a week after it was forced to shut down a worn-out pipeline due to a leak. With the link back online, the country’s output may exceed 1.2 million barrels a day again.
Ankara has condemned the seizure of a Turkish vessel in the Mediterranean by forces from east Libya, promising a robust response to the interception and calling for the ship to be allowed to continue its journey.
Authorities in Beirut have reportedly arrested a French-Lebanese businessman linked to allegations of illicit Libyan financing for Nicolas Sarkozy’s 2007 French presidential election campaign, on foot of an Interpol request.
Self-proclaimed President-elect Joe Biden has chosen a budget director, Neera Tanden, who once argued the US should ease funding shortages for left-wing social programs by making countries like Libya pay for being bombed.