Thursday , 29 June 2017

Recent News

Libyan money in UAE could end up in Saif Gaddafi’s hands, report

The Sunday Times reported investigators following up the case of Libyan smuggled money abroad as saying that about 30 billion dollars out of 50 billion in the United Arab Emirates could end up going to Saif Al-Islam Gaddafi – the recently released son of late dictator Muamar Gaddafi.

Libya: A Political and Economic Trainwreck

Libya is in a Catch-22 situation—political agreement cannot be reached without economic improvement and political stability is necessary to revive the economy. Turning the economy around is contingent on oil production and exports coming back on line, at least in its initial phase. In order to produce and export at …