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Exclusive: Al-Ghweil: The Governor’s Statements Are a Wake-Up Call to the Dangers of Libya’s Dependence on Oil and the Need to Diversify Income Sources
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Professor of Economics at Misrata University, Ali Al-Ghweil, told our source in an exclusive statement that the recent remarks by the Governor of the Central Bank of Libya clearly reflect the fragil…
Exclusive: Hosni Bey: “Oil Remains the Lifeline of Libya’s Economy, Central Bank Governor’s Concerns Are Justified”
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Libyan businessman Hosni Bay told our source exclusively that oil continues to be the lifeblood of Libya’s economy, accounting for around 65% of GDP, 97% of total exports, and 93% of public revenues…
French Newspaper: Paris Court Considers Nicolas Sarkozy’s Request for Release Pending Appeal in Libya Campaign Funding Case
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French newspaper Le Monde reported on Monday that former French President Nicolas Sarkozy is seeking release from prison while appealing a five-year sentence for allegedly conspiring to collect fund…
Exclusive: Central Bank Covers Small Traders’ Cards Up to $50,000 Through November
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Several banks revealed in an exclusive statement to our source that the Central Bank of Libya has settled small traders’ cards up to $50,000, fully covering the months of September, October, and Nov…
Exclusive.. “Al-Barghouti”: The Libyan economy is fragile and entirely dependent on oil — establishing a holding company for banks is a test of our ability to transition toward a real economy
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Professor of Political Economy Mohamed Al-Barghouti stated exclusively to our source that the recent remarks by the Governor of the Central Bank of Libya reflect the Libyan economic reality as it is…
Exclusive.. “Banks”: Execution of frozen personal purposes until November 6
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Several banks exclusively revealed to our source that the Central Bank of Libya continues to sell foreign currency.
They also confirmed that the bank is proceeding with the sale of frozen persona…