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.
A two-day Libya conference is starting in Palermo, Italy – an event widely perceived as a counter to a similar gathering organized by France in May – as two European countries compete for the fractured nation’s oil and gas assets.
Interest on Muammar Gaddafi’s frozen funds in Belgian banks is not subject to UN sanctions and has not been misused or embezzled, the Libyan Investment Authority (LIA) insisted following reports to the contrary.
At least 115 people have been killed and 383 others injured during a month of fighting between rival militant groups in Tripoli. The fractured country’s UN-backed government has urged the Security Council to intervene.
A Norwegian state report says the officials “had very limited knowledge” of what was going on in Libya, but promptly decided to join the US-led intervention, turning the once thriving North African nation into a terrorist hotbed.
Two workers at Libya's National Oil Corporation (NOC) have been killed after a militant attack on the company’s headquarters in Tripoli on Monday, according to local law enforcement. They say two of the attackers were also killed.
Libya remains a lawless land, with rival militias fighting battles in the streets of Tripoli and over 1 million people in need of aid. But the West's 'liberal interventionists' aren't interested in the catastrophe they created.