Libya

Country Libya
Capital Tripoli
Continent Africa
Currency Libyan dinar(LYD)
Languages Arabic, Berber & Libyan Arabic

Information

Introduction

The Italians supplanted the Ottoman Turks in the area around Tripoli in 1911 and did not relinquish their hold until 1943 when defeated in World War II. Libya then passed to UN administration and achieved independence in 1951. Following a 1969 military coup, Col. Muammar Abu Minyar al-QADHAFI began to espouse his own political system, the Third Universal Theory. The system is a combination of socialism and Islam derived in part from tribal practices and is supposed to be implemented by the Libyan people themselves in a unique form of "direct democracy." QADHAFI has always seen himself as a revolutionary and visionary leader. He used oil funds during the 1970s and 1980s to promote his ideology outside Libya, supporting subversives and terrorists abroad to hasten the end of Marxism and capitalism. In addition, beginning in 1973, he engaged in military operations in northern Chad's Aozou Strip - to gain access to minerals and to use as a base of influence in Chadian politics - but was forced to retreat in 1987. UN sanctions in 1992 isolated QADHAFI politically following the downing of Pan AM Flight 103 over Lockerbie, Scotland. During the 1990s, QADHAFI began to rebuild his relationships with Europe. UN sanctions were suspended in April 1999 and finally lifted in September 2003 after Libya accepted responsibility for the Lockerbie bombing. In December 2003, Libya announced that it had agreed to reveal and end its programs to develop weapons of mass destruction and to renounce terrorism. QADHAFI has made significant strides in normalizing relations with Western nations since then. He has received various Western European leaders as well as many working-level and commercial delegations, and made his first trip to Western Europe in 15 years when he traveled to Brussels in April 2004. The US rescinded Libya's designation as a state sponsor of terrorism in June 2006. In January 2008, Libya assumed a nonpermanent seat on the UN Security Council for the 2008-09 term. In August 2008, the US and Libya signed a bilateral comprehensive claims settlement agreement to compensate claimants in both countries who allege injury or death at the hands of the other country, including the Lockerbie bombing, the LaBelle disco bombing, and the UTA 772 bombing. In October 2008, the US Government received $1.5 billion pursuant to the agreement to distribute to US national claimants, and as a result effectively normalized its bilateral relationship with Libya. The two countries then exchanged ambassadors for the first time since 1973 in January 2009. QADHAFI in February 2009 took over as chairman of the African Union for the 2009-10 term; in September 2009, a Libyan took over the year-long presidency of UN General Assembly.

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References

Libya - Wikipedia
Libya - CIA World Fact Book
Libya - BBC
Libya - Timeline - BBC

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Statement by EU HR Mogherini on Libya - EU News

EU News

Statement by EU HR Mogherini on Libya
EU News
Statement by Federica MOGHERINI, EU High Representative for Foreign Affairs and Security Policy, following her visit to Libya, on 14 July 2018. Video details. Duration: 00:01:24; Shoot date: 14/07/2018; Reference: 120126. Type: Statement; Location ...



Libya's Biggest Oil Field Set to Cut Output After Kidnappings - Bloomberg

Bloomberg

Libya's Biggest Oil Field Set to Cut Output After Kidnappings
Bloomberg
Production at the field in western Libya will fall by about 160,000 barrels a day as a result of the precautionary steps, the NOC said in a statement. Unidentified assailants released two of four workers it kidnapped at Sharara early Saturday but still ...
Four engineers kidnapped from Libyan oilfield, two releasedNews24
Assailants abduct workers at oil facility in LibyaWashington Post
Libya's Sharara oilfield cuts output after workers abductedeNCA
Aljazeera.com
all 68 news articles »


EU's Federica Mogherini visits Libya to reopen bloc's mission - Aljazeera.com

Aljazeera.com

EU's Federica Mogherini visits Libya to reopen bloc's mission
Aljazeera.com
Federica Mogherini, the European Union's foreign policy chief, has visited Libya's capital, Tripoli, to reopen the bloc's diplomatic presence and border assistance mission. "The return of the diplomatic presence of the EU in Libya will further ...
EU in full support of Libya, says Mogherini as it commends resumption of oil exportsThe Libya Observer
Mogherini in Libya to Reopen EU Mission as Oil Staff Abducted in SouthwestAsharq Al-awsat English
EU's Mogherini Visits Libya to Reopen Bloc's MissionFinancial Tribune

all 6 news articles »


Tobruk parliament speaker says “the army” will “liberate” western Libya as it did in Benghazi and Derna - The Libya Observer

The Libya Observer

Tobruk parliament speaker says “the army” will “liberate” western Libya as it did in Benghazi and Derna
The Libya Observer
The Speaker of the House of Representatives Aqilah Salah said that “the army”, a de facto group of armed militias led by warlord Khalifa Haftar, is the one authorized to announce how and when to start “liberating” the cities and towns in western Libya ...



Oil Falters on Specter of Supply Bubble From US Surplus, Libya - Bloomberg

Bloomberg

Oil Falters on Specter of Supply Bubble From US Surplus, Libya
Bloomberg
OPEC member Libya is set to restart production at El-Feel. The country's National Oil Corp. lifted force majeure at the field, which will boost output to 72,000 barrels in a matter of days, the company said in a statement on Thursday. Other oil-market ...
Oil set for weekly loss on trade war fears, Libya supply returnIndiainfoline
US crude dips 5 cents, settling at $70.33, as restored Libyan exports offset OPEC supply concernsCNBC
Oil prices rise, but post sharp weekly loss amid expectations for rising Libyan outputMarketWatch
OilPrice.com -Moneycontrol.com
all 466 news articles »


UAE Backed Militia Leader's Bid to Take Control of Libyan Oil Exports - Wall Street Journal

Wall Street Journal

UAE Backed Militia Leader's Bid to Take Control of Libyan Oil Exports
Wall Street Journal
United Arab Emirates officials have engaged in secret talks with a Libyan military commander seeking the Gulf state's help in exporting Libya's oil outside of United Nations-approved channels, Libyan, Emirati and European officials said. With the U.A.E ...
East Libyan general hands back control of oil portsThe Guardian
Libya - Joint Statement on Welcoming Libyan National Oil Corporation Resuming Production (Paris, 12 July 2018)France Diplomatie (press release)
Libya's NOC to resume oil exports from eastern terminalsAljazeera.com
Financial Times -FreightWaves
all 107 news articles »


Humanitarian Dialogue Centre announces conclusion of Libyan National Forum - The Libya Observer

The Libya Observer

Humanitarian Dialogue Centre announces conclusion of Libyan National Forum
The Libya Observer
The Centre explained through its Facebook page that this stage is one of the terms of the UN action plan in Libya, pointing out that the mission will compile the outputs reached by the Centre during the meetings held in the past months and will ...



News Recap - Sun, July 15, 2018 - The Libya Observer

The Libya Observer

News Recap - Sun, July 15, 2018
The Libya Observer
Here is a recap of Sunday's news headlines from The Libya Observer. Exchange Rates http://lyo.ly/5ac. Air Force officer commits suicide in Tripoli mosque http://lyo.ly/89w. Humanitarian Dialogue Centre announces conclusion of Libyan National Forum ...



Italy, Malta spar over 450 Libyan migrants adrift in Mediterranean Sea; Italian minister Matteo Salvini refuses to ... - Firstpost

Firstpost

Italy, Malta spar over 450 Libyan migrants adrift in Mediterranean Sea; Italian minister Matteo Salvini refuses to ...
Firstpost
Salvini insists that the Libyan coast guard deal with migrants in waters off the largely lawless North African country. But UN officials and human rights advocates say migrants are at risk for torture, beatings, rape and other atrocities in Libyan ...
Italy accuses migrants of hijacking rescue ship off LibyaBBC News
104 undocumented migrants rescued off Libyan coastAnadolu Agency
Italy: France, Malta agreed to host some rescued migrantsEyewitness News
The Sun -Times of Malta
all 361 news articles »


Reports: Haftar and Al-Sirraj's representatives Tripoli meeting fails - The Libya Observer

The Libya Observer

Reports: Haftar and Al-Sirraj's representatives Tripoli meeting fails
The Libya Observer
The New Arab reported a Tripoli diplomatic source as saying that a meeting was held two days ago for representatives of eastern Libyan warlord Khalifa Haftar as well as Tobruk parliament and the Head of the Presidential Council Fayez Al-Sirraj aiming ...