Tag: Libya
๐ฑ๐พ Italian police arrest Libyan warlord wanted by ICC
Italian police have arrested a Libyan warlord on a warrant from the International Criminal Court.Ossama Anjiem, also known as Ossama al-Masri, heads the Tripoli branch of the Reform and Rehabilitation Institution, a notorious network of detention centres run by the government-backed Special Defence Force. The SDF acts as a military police unit combating high-profile crimes…
Did Franceโs Sarkozy Take $52 Million from Libyaโs Gaddafi? The Scandal That Wonโt Go Away
A decade-long investigation has brought former French President Nicolas Sarkozy to trial for allegedly receiving $52 million in illegal campaign funds from the late Libyan dictator Muammar Gaddafi. The case, one of the most explosive corruption scandals in recent French history, has shaken the political establishment and revived questions about Franceโs foreign entanglements in Africa.…
๐ฑ๐พ Libyan protesters block oil valves demanding release of kidnapped General
n a bold move on Tuesday, residents of Zintan, Libya, shut down key oil distribution valves in protest of the abduction of Brigadier General Mustafa al-Whayshi, head of the Central Security Department. Al-Whayshi was kidnapped last Wednesday, and his captors have not been identified. Local leaders in Zintan have accused the Dbeibah government and the…
SuperSport crew member shot dead in Nigeria while on Afcon assignment
A SuperSport crew member was shot dead while on assignment in Nigeria for the Africa Cup of Nations (AFCON). A seven-member SuperSport production team covering the Africa Cup of Nations (AFCON) qualifying match between Nigeria’s Super Eagles and Libya’s Mediterranean Knights was abducted on Wednesday while travelling from Lagos to Uyo, Akwa Ibom State. Tochukwu…
Libya’s oil production rebounds as political accord eases crisis
Libya’s oil production has rebounded sharply, reaching 1.13 million barrels per day on Tuesday, just days after the country’s eastern-based government lifted a blockade on oil fields and ports, the state-owned National Oil Corporation (NOC) reported. The revival follows a political agreement brokered by the United Nations to resolve a dispute over control of the…
Brent Oil Falls to $70.4 Amid Libyan Production Recovery News
๐ฑ๐พ๐ขBrent Oil Falls to $70.4 Amid Libyan Production Recovery News Brent crude oil futures for December delivery have dropped by 1.88%, reaching $70.35 on the ICE exchange. WTI futures for November delivery are also seeing a decline, down 1.76% to $66.96, while December WTI futures have dipped to $66.62 per barrel. The drop in prices…
Libya rivals ink UN-backed deal on new central bank leadership
Representatives of war-torn Libya’s rival administrations on Thursday signed an agreement to name a new governor for the beleaguered central bank that could restore economically vital oil production, the UN said. Tensions and violence have risen since early August around the central bank in oil-rich Libya, which is split between a UN-recognised government in the…
Libya thwarts smuggling attempt of 100 kg of gold, 1.5 mln euros
Libya’s Internal Security Agency said on Saturday it had thwarted an attempt to smuggle 100 kg (220 lb) of gold and 1.5 million euros at Misrata international airport during a security check of an international flight. The gold bars were found in three suitcases while the money was in one suitcase. The suitcases were spotted…
Turkey interested in Libya’s offer of offshore exploration, says energy minister
Turkey is interested in an offer from Tripoli to carry out energy exploration offshore Libya, Turkish Energy Minister Alparslan Bayraktar said on Wednesday. “Libya has offered to us to work with our seismic vessels offshore. Frankly, we are warm to this. So we can be in the Libyan offshore to carry out seismic work,” he…
Libya: A Dispute for Africaโs Largest Foreign-exchange Reserves
Amid the chaos of Libyaโs long-sputtering civil war, the central bank in Tripoli, the capital, has stood strong. Its red-and-white striped faรงade, crowned with two turquoise cupolas, a throwback to the days of Italian colonisation, were unscathed. Sadiq al-Kabir, the bankโs governor appointed after Muammar Qaddafi was toppled in 2011, survived two civil wars and…
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