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World News: Political News

Fuel shipment delivered to Ghat and Obari.

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Tripoli, 24.02.2016(Lana) The committee assigned to address fuel crisis at Al-Bariqa Oil Marketing Company began implementation of first stage of the plan put in place to deliver fuel shipments to Ghat and Obari municipalities after reopening Sebha - Obari road. In a press statement a committee's source underlined that the plan includes in its second phase delivering gas cylinders after over a year and half stoppage. The committee underlined that coordination carried out with chairman of the reconciliation committee and commander of the neutral force that allows delivery... Read more

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ِAdministrative Control Body says currency shortages due to slow movement of revenues.

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ِTripoli, 24.02.2016 (Lana) Administrative Control Body underlined that the causes of liquidity shortages at commercial banks was due to slow revenue movement. On its website it said work is underway to address the causes of the crisis by the relevant authorities by printing 10 billion dinars of five, ten dinar notes. it said the first shipment was already received. It said it is till following up the causes of liquidity shortages by the ad hoc committee. Some commercial banks face acute liquidity shortages. =... Read more

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A hundred representatives declare support to national accord government.

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Tripoli, 24.02.2016 (Lana) One hundred representatives of the House of Representatives declared support to the national accord government, stressing that they were denied to cast their votes to grant a vote of confidence to the government. In a statement a copy of which was received by AFP Wednesday; " We members of the House of Parliament numbered one hundred representatives confirm our approval of the proposed ministerial formation and programme'. On his part the UN envoy to Libya, Martin Kobler urged the HoR to take immediate steps to confer formality on this... Read more

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ِAlgeria reaffirm importance of national consensus government.

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Tripoli, 24.02.2016(Lana) Chairman of Algerian National Assembly, Abdulqader Ben Salah renewed emphasis on importance of formation of national accord government, considering it a significant step that would safeguard national unity and reinforce national reconciliation course in libya. Ben Salah described the formation of this government as the opportunity to support efforts aimed at an inclusive political settlement that responds to aspirations of the Libyan people for peace, security and prosperity and to start the process of state building and face various challenges and... Read more

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British Court Set Date for Looking Libyan Investment Company Dispute.

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London, 24 February 2016(LANA) The British court looking a dispute over the chairmanship of the $67 billion Libyan Investment Company has set March 7 as the date for a hearing. The hearing session will be held at the commercial court in London on March 7, and could take the court several sessions to determine who of the claimants of the chairmanship of the company would have the direct authority to litigate the Goldman Sacks and Societe Generale banks. The Libyan Investment Company is subject of dispute between Hasan Buhadi who was appointed by the interim Government in... Read more

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