World News: Political News
Algeria and Mali call on Libyans to be committed to dialogue.
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Algeria, 01.09.2015 (Lana) Algeria and Mali have called on Libyans to be committed sincerely and in good will to dialogue, expressing profound concern over the situation in Libya. In a joint statement during a visit by the Malian president Ibrahim Abubaker Kiata to Algeria that the two countries' presidents expressed their profound concern over the situation in Libya threatening the very bases of the Libyan nation as well stability and security of the region'. Both Presidents Bautaflika and Kiata stressed the need to respect ceasefire over all Libyan territories,... Read more
Israel Occupation Forces Re-arrest Freed Palestinian Prisoner.
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Jenin, West Bank, 1 September 2105(Lana) Israeli occupation forces arrested late Monday a Palestinian man who was a former prisoner, his mother, his son and his sister. Dozens suffered suffocation and injuries when Israeli forces broke in the town of Jenin in the West Bank and deliberately rundown a boy. The Palestinian news agency Wafa reported that dozens were injured in Jenin when the Israeli forces used gas canisters. Some had to be admitted into hospital, it said. Sources of the civil defense and the Red Crescent said fierce clashes erupted in the town between... Read more
Oil Prices Drop 3% as Investors Retreat From Overnight Gains.
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Singapore, 1 September 2105(Lana) Oil prices fell nearly 3% in Asian trade on Tuesday, with investors covering short positions and taking profits after Brent and US crude soared more than 8% in the previous session. Brent crude for October delivery had dropped $1.91 to $52.24 a barrel, or 3.53%, as of 0050 GMT after climbing $4.10, or 8.2%, in the previous session. US crude for October delivery dropped $1.86, or 3.8%, to $47.35 a barrel, after it settled up $3.98, or 8.8% in the previous session. US crude, also known as West Texas Intermediate, had climbed 27.5% by... Read more
A meeting to address state financial woes.
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Tripoli, 31.08.2015(Lana) Abroad meeting was held Monday at National Audit Bureau in Tripoli to discuss financial woes facing state institutions especially hospitals, municipal councils to address them urgently. Head of GNC Financial Committee, Head of National Salvation Government, Head of National Audit Bureau, deputy and directors of NAB, acting Minister of Finance, Advisor to the governor of Central Bank of Libya took part in the meeting. They reviewed in the meeting the necessary mechanisms to replace subsidy of goods by direct cash and ways to control documentary ... Read more
Ghiryan Commercial Bank closes its doors due to lack of liquidity.
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Tripoli, 31.08.2015 (Lana) Ghiryan Commercial Bank shut its doors Monday due to lack of liquidity. In a statement a copy of which was obtained by Lana, the bank said ' Due to deteriorating security situation at the road between Ghiryan and the capital it was not possible to transport cash to Ghyrian banks. Armed clashes were reported Saturday at Raqiat north of Ghiryan closing Sabia road linking Ghiryuan with Tripoli. =... Read more