Comrades to competitors: France and Italy vie for Libyan OIL

Comrades to competitors: France and Italy vie for a slice of Libyan...

The race for Libya's vast oil wealth is gathering momentum. States who worked together during the NATO airstrikes are now working against each other in the battle to secure lucrative energy contracts.

Meanwhile, fears are rising that a new regime in Libya could easily slide into corruption.

Half a billion dollars from Italy, and now a whopping $1.5 billion from the UN in unfrozen Libyan assets – on top of $300 million dollars from Turkey.

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Comment by guest_blog on August 28, 2011 at 12:36pm
Indy Journalist Franklin Lamb Shot; Others Shot at and Threatened b...

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Comment by Justin A Horne on August 27, 2011 at 11:45pm

What a shame. I truly feel bad for Tripoli...its was such a rich and prospering nation.

 

Comment by guest_blog on August 27, 2011 at 11:35pm
TRIPOLI, Libya, Aug. 27 (UPI) -- Fighting in Libya has left Tripoli in disarray with hospitals overwhelmed and shortages of food, water and medicine, the United Nations said. - http://www.upi.com/Top_News/World-News/2011/08/27/Rebels-fight-on-a...
Comment by guest_blog on August 27, 2011 at 3:36pm
Comment by guest_blog on August 27, 2011 at 3:31pm
Comment by guest_blog on August 27, 2011 at 3:30pm

African Union Won’t Recognize Libya’s Rebels as Govt

In comments today, South African President Jacob Zuma announced that the African Union is not recognizing the Benghazi rebel council as the new government, calling instead for an immediate ceasefire as AU officials urge an inclusive transitional government to be put in place.

Comment by guest_blog on August 27, 2011 at 3:28pm

Tribal Divisions, Rebels Increase Chances of Chaos in Libya

As is widely recognized at this point, the ragtag rebel groups the US and NATO placed their bets on to be the next rulers of Libya are facing enormous challenges after ousting Muammar Gadhafi. Considering their organization and capabilities, they may be out of their league.

Comment by guest_blog on August 27, 2011 at 3:28pm

The Rape of Libya NATO Special Forces on the Ground

The pretense that the US and its European NATO allies were intervening in Libya to “protect civilians and civilian populated areas from threat of attack,” as stated in the United Nations Security Council resolution, has effectively been abandoned. Behind the fig leaf of this resolution the naked imperialist and colonial character of the war has emerged.

Comment by guest_blog on August 27, 2011 at 3:27pm

UN may send police force

International police force may need to be sent to Libya which is "awash" with small arms, UN chief Ban Ki-moon says.

Comment by guest_blog on August 27, 2011 at 3:26pm

Libya: Tripoli Stands in Defiance of NATO

Despite sweeping headlines claiming the Benghazi rebel terrorists have shifted their leadership over to Tripoli after continuous claims of the city falling to rebels after over a week of continuous fighting, BBC has slipped out the fact that this claim is a verified lie. Buried within an article titled, “Horror scenes at Tripoli hospital,” BBC conceded that the rebels have constructed a makeshift landing strip in the western Nafusa mountains where they are “reported to be staying,” only visiting Tripoli in daytime for quick photo opportunities.

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