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IMF Discusses Exchange Rate in Libya and Reveals Key Details

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The International Monetary Fund (IMF) revealed on Wednesday that Libya’s economy is expected to record the fastest growth rate in the region this year, at 14.3 percent, according to the Arab Economi…
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“They Can Starve You, They Can Shut Down Your Exports” — A Statement Close to a Grim Warning… and an “American Newspaper” Reveals the Details

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The American newspaper IntPolicyDigest reported on Monday that Colonel Muammar Gaddafi once issued a stark warning in a moment of global criticism, saying: “The dominant powers today are in the hand…
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IMF Warns of Continued Fuel Smuggling and a Looming Power Crisis in Libya

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The International Monetary Fund revealed in a report that the extremely low prices of oil and electricity encourage smuggling across borders, and it is likely that the sharp increase in the quantiti…
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Turkish Newspaper: Money Laundering Investigation — Arrest Warrants Issued for 85 People, Including Individuals from Libya

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The Turkish newspaper PaTurkey reported on Thursday that Turkish authorities have launched a comprehensive investigation into money laundering involving suspicious point-of-sale transactions worth o…
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British Newspaper: Libya’s Decision to Abandon Oil-for-Fuel Swap Deepens Financial Crisis

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The Arab Weekly reported on Thursday that Libya’s decision to halt the oil-for-fuel swap system, which it relied on to secure fuel imports in exchange for oil exports, has worsened the financial cha…
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Africa Confidential Magazine Sheds Light on the Funds Gaddafi Transferred to the U.S. – and Their Link to National Unity

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A report published by Africa Confidential magazine has revealed the network of American banks used by Muammar Gaddafi to secretly transfer around $50 billion out of Libya between 1994 and 2011. A…
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Nova Agency: Italy Confirms Its Leading Trade Position in Libya, Ranking First Among Countries

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The Italian news agency Nova reported on Sunday that Italy reaffirmed its position as Libya’s main trading partner during the first quarter of 2025. Despite a slight decrease in total trade volume…
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Africa Intelligence: Oil Giant Fails to Sell All Its Libyan Assets for These Reasons

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The French intelligence website Africa Intelligence reported that German company BASF is seeking to separate from its Russian partner in Wintershall, as the chemical giant has so far been unable to…
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Global Platts: Libya’s Oil Production Reaches Highest Level in 12 Years Despite Escalating Tensions in Tripoli

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British agency Global Platts reported on Thursday that Libya’s oil production rose to its highest level at 1.23 million barrels per day, according to a Platts survey conducted by S&P Global Comm…
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Africa Confidential Reveals Ordeal of LARMO Chief Al-Mensli Amid Pressure to Surrender Documents on Frozen Libyan Funds

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The newspaper Africa Confidential reported that Colonel Muammar Gaddafi had hidden billions of dollars in American banks, and now influential figures in Libya are competing to gain control over this…
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