Latest News for: Libya wealth

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Libya’s feuding leaders ensure political stalemate continues

Arab News 10 Apr 2024
Libya has been cursed with binaries ... The status quo has enabled political leaders to stay in power and amass extraordinary wealth, even as a third of Libya’s people live below the poverty line.
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How NATO undid decades of post-colonial development in mere months

Russia Today 19 Mar 2024
Thirteen years ago, the NATO operation against Libya demolished one of the most well-off African nations ... According to data for 2010, GDP growth in Libya was more than 2.5% ... Gaddafi was killed in October 2011, but this did not bring peace to Libya.
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What the world continues to get wrong about Libya

Arab News 10 Mar 2024
External actors consistently fail Libya in at least four major ways ... Third, given Libya’s oil wealth, proposing a transition to a market democracy as a path to sustainable peace also sounds good on paper.
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Libya’s Post-Revolution Landscape: Navigating the Aftermath of UAE Interference

Watan 17 Feb 2024
Watan-Libya still struggles to establish the foundations of a modern and prosperous democratic state on the 13th anniversary of its revolution on February 17, 2011 ... Political and Constitutional Void in Libya ... UAE Intervention in Libya.
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Libya sets sight on new oil, gas discoveries to fuel growth

Anadolu Agency 14 Jan 2024
Libya’s Oil and Gas Minister Mohamed Oun -to the untapped wealth of opportunities within Libya on Saturday and vowed to discover “new oil and gas fields.” ... A New Libya ... He outlined an ambitious strategy to reposition Libya as a leading energy producer.
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Morning Briefing: Jan. 14, 2024

Anadolu Agency 14 Jan 2024
The Cuban and Venezuelan governments condemned on Saturday airstrikes carried out by the US and British warplanes on Yemen.Following a security meeting with top officials, Türkiye reaffirmed its ...
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New Protests Threaten to Take Key Libyan Refinery Offline

Oil Price 11 Jan 2024
... wealth have erupted again in Libya, threatening to shut down two oil and gas facilities within 72 hours.
photo: AP / Libyan High National Elections Commission via AP
Seif al-Islam, left, the son and one-time heir apparent of late Libyan dictator Moammar Gadhafi registers his candidacy for the country’s presidential elections next month, in Sabha, Libya, Sunday, Nov. 14, 2021.
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Gaddafi’s Son Rises In Libya, Much to Moscow’s Delight

The Epoch Times 26 Dec 2023
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House of Representatives warns Dabaiba government against signing foreign investment agreement related to the Hamada al Hamra oil field

Al Wasat 25 Dec 2023
The House warned "the concerned countries against getting involved in exploiting the conditions that Libya is going through in order to plunder its wealth or inflict serious damage to the country and its economy.".
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As Libyan Clashes Continue, The West Evades Responsibility

OWP 18 Dec 2023
And per capita income – while not as high as could be expected given Libya’s oil wealth and relatively small population of 6.5m – is estimated at $12,000 (£9,000), according to the World Bank ...
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COP28: Libya must learn the climate justice lessons of Derna

The New Arab 27 Nov 2023
The country's elite power circle has mainly focused on consolidating power, resources, and wealth, while failing to recognise Libya's vulnerability to changing climate patterns and environmental degradation.
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Libya was mired in chaos and corruption as warnings the Derna dams may burst went unheeded

News-Press Now 19 Sep 2023
Neglect and corruption are rife in Libya, a country of about 7 million people that lies on a wealth of proven oil and natural gas reserves ... The country's infrastructure has suffered widespread neglect despite Libya's oil wealth.
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Libya was mired in chaos and corruption. For years, warnings the Derna dams may burst ...

McAlester News-Capital 19 Sep 2023
Neglect and corruption are rife in Libya, a country of about 7 million people that lies on a wealth of proven oil and natural gas reserves ... The country’s infrastructure has suffered widespread neglect despite Libya’s oil wealth.
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Warnings before devastating Libya floods went unheeded

NewstalkZB 18 Sep 2023
Neglect and corruption are rife in Libya, a country of about seven million people that lies on a wealth of proven oil and natural gas reserves ... The country’s infrastructure has suffered widespread neglect despite Libya’s oil wealth.
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Libya was mired in chaos and corruption. For years, warnings the Derna dams may burst went unheeded

NBC Bay Area 18 Sep 2023
Neglect and corruption are rife in Libya, a country of about 7 million people that lies on a wealth of proven oil and natural gas reserves ... Libya Sep 14 ... The country’s infrastructure has suffered widespread neglect despite Libya’s oil wealth.

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