Archive | Politics

Video: Why are Countries Breaking Libya’s Arms Embargo?

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Libya Business News. A draft UN report accuses foreign nations of worsening civil war. The UN says countries are violating arms embargoes on Libya and worsening the eight-year civil war. A draft report names Jordan, Turkey, Chad, […]

US Ambassador meets PM al-Sarraj in London

U.S. Ambassador to Libya Richard Norland and Prime Minister Fayez al-Sarraj held a useful meeting in London on November 3 to discuss efforts to end the conflict in Tripoli, which has entered its seventh month. Ambassador Norland reiterated U.S. support for Libya’s sovereignty and territorial integrity, amid the escalating involvement of external state actors and […]

Malta “Seizes Cash bound for Haftar”

By John Lee. Malta has reportedly seized a massive shipment of an unofficial Libyan currency believed to have been destined for the Eastern-based government in Baida. According to Times of Malta, the cash is thought to have originated from Russia, which has been printing money for the unrecognised Libyan government, based in the eastern city […]

Libyan Parliamentarians meet in Cairo

By Muhammed Magdy for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Libya Business News. Cairo hosted another two-day meeting bringing together members of the Libyan House of Representatives to discuss the country’s political crisis. The Oct. 18-19 summit was held in anticipation of a UN-sponsored conference in […]

More Russian-Printed Dinars enter Circulation

By John Lee. A parallel central bank in eastern Libya reportedly stepped up deliveries of new banknotes from Russia earlier this year, around the time that Khalifa Haftar launched his military offensive to capture Tripoli. Russian customs data obtained by Reuters shows nearly 4.5 billion Libyan dinars ($3.2 billion) despatched between February and June, apparently […]

Libya Stops Salaries of 150,000 Teachers

By John Lee. Libya’s internationally recognised Government of National Accord (GNA) has reportedly stopped paying the salaries of over 150,000 teachers and other educational staff, in an attempt to clamp down on fraud and corruption. Reuters cites a Ministry of Education statement saying that the affected staff had been receiving salaries without providing documents that […]

Civil Society Orgs to Support Women & Youth

Six Civil Society Organizations (CSOs) from across Libya are selected to build their capacity and support women & youth economic empowerment Based on a call for proposal for a capacity building program to support the role of youth and women in the Libyan economy that was announced September 2nd, 2019 for a month, 6 CSOs were selected. The […]

Consultations on Unified and Transparent Libyan Institutions

Consultations on Unified and Transparent Libyan Energy and Economic Institutions U.S. and Libyan officials met in Washington to discuss specific measures to increase transparency and accountability of economic and energy institutions, support unified governance of sovereign institutions, and ensure stable financing for Libya’s energy sector. Participants reaffirmed the need for all sovereign institutions, including the […]