The Guardian: Fuel Smuggling by State Politicians Cost Libya $20 Billion Over Three Years – Here Are the Details
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The British newspaper The Guardian reported on Wednesday that the rise in state-sponsored fuel smuggling between 2022 and 2024 caused the Libyan people to lose around $20 billion (£15 billion) in re…
Times of Malta Reveals a Secret Agent as Financier of an Oil Project Inside Libya Linked to a Maltese Company — Here Are the Details
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The Times of Malta revealed on Tuesday that fugitive Jan Marsalek, suspected of involvement in Russian espionage, was named in a civil court dispute in London as the secret financier of a Libyan oil…
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…