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Tripoli, I February 2015(Lana) The World Bank has warned that Libya's foreign reserves could run out in 4 years time, because of the ongoing crisis in the country, and the huge fall of oil prices. 'Libya's current oil production is the fifth of the level it was before the crisis at 1.6 million barrels per day, the Bank said in its Middle East quarterly economic bulletin. The fall of oil prices coupled with the decline of production has enforced the Government to use the reserves, which declined in August 2014 to $100 billion, 20% lower than the beginning of the year, and ... Read more
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01.2015(Lana) The Public Prosecution in Tunisia is opening an investigation against the Tunisian ambassador to Libya, Rida Bukadi, through an article published by Al-Shoourouq newspaper on January 8. The Tunisian news agency on Saturday quoted the spokesperson of the Court of First Instance, Sufiyan Al-Salaiti as saying the Public Prosecution will listen to testimonies of the publisher of the article, Munji Al-Khadrawi who said Bukadi intervened to release a Libyan arrested in 2014 by airport security in Carthage international airport who was carrying a bullet case, of the same... Read more
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Jadabyah, 31.01.2015 - (Lana) Media sources from Jadabyah city said that , more than 60 families have been displaced from Bu-Hadima district in Benghazi , to Jadabyah city , due to fierce fighting between the forces of revolutionaries Shura council of Benghazi and forces of the retired major general 'Khalifa Hafter'. The same sources added that , Bu-Hadima district is witnessing fierce clashes since days ago between the two forces , which led to the spreading of fear and panic among citizens , that forced them to flee to number of Libyan cities including Jadabyah. =Lana=... Read more
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01.2015(Lana) Bernardino Leone, UN Secretary General Special Representative urged the Libyan parties to reach a peaceful solution for the problems the country is facing as soon as possible to eliminate the terror threats. The political situation is extremely difficult and many areas in the country witnessed attacks recently, Leone said in a statement last night. Libya is facing several crisis from the economic, security and political aspects, and the crisis will worsen in the coming days if an agreement is not reached. The UN special envoy indicated that the parties,... Read more
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01.2015(Lana) Algeria reiterated call that the a lasting solution for the Libyan crisis will come the Libyans themselves, far from any foreign intervention. Algerian Minister of Foreign Affairs, Ramadan Al-Amamrah, who is chairing his country's delegation to the 26th Executive Council of the African Union in Addis Ababa, that Algeria completely joins AU and international efforts aimed at establishing dialogue and reconciliation between the Libyan brothers. In the same context, the international contact group on Libya under the AU supervision praised the Algerian initiative to... Read more