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World News: Political News

CBL: Commercial Banks Profits Plummet by 25%.

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Tripoli, 8 December 2019(Lana) Figures released recently by the Central Bank of Libya have shown that commercial banks profits had fallen by 25.2% to LD 618.5 million in the third quarter of the current year compared to the same period of 2018 which reached LD 827.2 million. Recent figures showed that customers deposits in commercial banks fell from LD 106.4 billion at the end of third quarter of 2018 to LD 91.4 million at the end of third quarter of 2019 or 14.1%. Demand account reached 87% of total deposits, while time deposits 12.5% and saving deposits 0.5%. =... Read more

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Libya Elected Vice President of Near East Forestry and Range Commission NEFRC.

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Tripoli, 8 December 2019(Lana) The Ministry of Agriculture and Livestock and Marine Resources has taken part in the Near East forestry and Range Commission NEFRC. Libya was elected as vice President of NEFRC at the meeting which was held in the Turkish city of Antalya and attended by 13 nations. Mohamed Bin Gharsa will hold the job for two years. =... Read more

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Malta's Foreign Minister: Features of solving the Libyan crisis looming, and we support the efforts of the UN mission in Libya.

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Valletta, 06.12.2019 - Lana - The Maltese Foreign Minister 'Carmelo Abella', affirmed that a peaceful solution to the Libyan crisis is looming, noting the importance of supporting the European Union in the challenges it faces. 'Abella' noted that peace, security and stability in the Mediterranean region is still high on the agenda of Malta, according to a tweet on his account on the Twitter site on Tuesday. Malta has previously expressed its opposition to a military solution in Libya, noting that a political solution is the only way to end the crisis. The Maltese Foreign... Read more

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Salama: International division is the biggest obstacle to the return of security and stability in Libya.

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Tripoli, 30.11.2019 - Lana - The UN envoy to Libya, 'Ghassan Salama', criticized the UN Security Council's attitude towards dealing with the Libyan crisis, calling it sterile. In a televised statement, Salama said the United Nations is seeking to establish an international umbrella to implement what Libyans had agreed upon, saying "A political meeting on Libya will be held in Berlin before the end of this year. The Berlin conference is seeking an international agreement on Libya that the Security Council has failed, and hoping that the meeting ends with a ceasefire in Libyan."... Read more

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German Foreign Minister: There can be no guarantees that the summit will produce positive results.

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Berlin, 30.11.2019 - Lana - German Foreign Minister 'Heiko Maas' announced his country's desire to hold a summit at the level of leaders to discuss the Libyan crisis early next year. In a meeting in Berlin, organized by the 'Friedrich-Ebert' Foundation, Maas said, Berlin is hosting preparatory meetings for the planned summit between high-level diplomats. The German foreign minister said in press statements, that it is not possible to give assurances that the summit can produce positive results. He added that the summit is expected to produce better results than previous summits... Read more

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