Dozens of angry protesters stormed Zintan Municipality building on Tuesday, demanding improved living conditions ahead of Eid celebrations next week. The protesters held their municipal council responsible for the deterioration of living conditions, including the severe cash shortage that is plaguing not only Zintan, but the entire country. Eyewitnesses said the protesters assaulted the municipal staff and caused damage to the equipment and furniture of the offices. Zintan Municipality denounced the attack on the building and confirmed in statement that it has no link to the banking system. “The attack on the municipality and its staff is a wrong reaction,” read a statement posted on the official Facebook page of Zintan Municipality.
June 21, 2017 22:18 UTC
An armed group attacked fuel trucks belonging to the Arab Association for Oil Transport in Bay valley, southwest of Sirte, while on their way to the oil depots in Sabha, the Fuel and Gas Crisis Committee (FAGCC) said on its Facebook page on Wednesday. According to the source, two trucks loaded with 100,000 litres of fuel were stopped and seized. One of the drivers managed to escape, while the other one's fate is still unknown. The identity of the gangsters is still unknown, but there are fears they are a group of ISIS fugitives. “Therefore, we are obliged to stop the supplying of fuel and gas to the south until urgent measures are taken for the protection of oil truck drivers from looting gangs.” The FAGCC said.
June 21, 2017 19:52 UTC
Libya is today a chaotic, failed state, and for that, we have Barack Obama and Hillary Clinton’s foreign policy — by turns reckless and feckless — in no small part to blame. But the probe will be more difficult because there’s no real central government in Libya beyond the U.N.-backed Government of National Accord. To the extent that Libya is a failed state today, it’s because Mr. Obama and Mrs. Clinton made it so by leading an ill-advised seven-month NATO intervention in Libya’s civil war in 2011. It could be argued that Gadhafi, who ruled Libya with an iron fist for 42 years, had gotten his due. As is the blood of the Libyan refugees drowning at sea trying desperately to escape the hellhole they created there.
June 21, 2017 17:15 UTC
In the court papers, Acting Solicitor General Jeff Wall said the lower courts had wrongly second-guessed the president on national security policy when reviewing the March 6 executive order. The court papers filed by President Donald Trump’s administration complete the briefing on the government’s emergency application asking the justices to block lower court injunctions in favor of challengers to the ban. In the court papers, Acting Solicitor General Jeff Wall said the lower courts had wrongly second-guessed the president on national security policy when reviewing the March 6 executive order. “The president expressly determined that the order’s provisions are needed to promote national security, but the lower courts here … nullified that judgment,” he wrote. In court papers filed on Tuesday, lawyers for the state of Hawaii and individual plaintiffs in Maryland urged the high court not to allow the ban go into effect.
June 21, 2017 16:30 UTC
The August crude contract lost 98 cents at US$42.53 per barrel, its lowest level since August of 2016. The pullback was tempered somewhat following the release of a weekly report showing that U.S. crude inventories fell 2.5 million barrels last week, which was more than expected. Currently, Iran is one of three OPEC countries that have not been asked to cut oil production. The shares (TSX:SCC) lost 18 cents to 62 cents on the TSX. In currencies, the Canadian dollar pulled back 0.24 of a U.S. cent to an average price of 75.13 cents US.
June 21, 2017 15:33 UTC
-------------------------------------------------------Vice-President of the UN proposed Presidential Council, Ahmed Mateeq, discussed the coordination of the return of Italian companies to work in Libya with Italian Foreign Minister Angelino Alfano on Tuesday. Alfano expressed his country's desire to contribute to stronger stability in Libya according to the outcome of the political agreement. -------------------------------------------------------The President of the Presidential Council of the UN proposed government,Fayez Sarraj, held a meeting with the Executive Director of the National Shipping Company Khalid Touati. The army unit added in their statement that they are "A disciplined force, following the Supreme Commander of the Libyan army currently lead by the Presidential Council". -------------------------------------------------------The United Nations Security Council approved the appointment of former Lebanese Culture Minister Ghassan Salame as the new UN envoy to Libya on Tuesday.
June 21, 2017 13:46 UTC
FILE - In this Thursday, Aug. 27, 2015 file photo, investigators stand near an abandoned truck on the shoulder of Highway A4 near Parndorf, Austria, south of Vienna. Officials said they discovered 71 badly decomposed bodies of men, women and children, inside and that some may never be identified. The trial of 11 alleged human smugglers indicted for the deaths of 71 migrants who suffocated in the back of a refrigerated truck in 2015 starts in Kecskemet, Hungary, Wednesday June 21, 2017. Ronald Zak,file AP Photo
June 21, 2017 11:52 UTC
Forex News – Oil back in bear market after latest sell-off; Commodity currencies fall only modestlyFacebook Google Plus TweetCrude oil prices fell by 2% on Tuesday as investors continued to fret about the lingering oversupply, which is showing no sign of easing despite 6 months of output restrictions by major producers. This could be a sign of a new longer-term bear market, having emerged from its last one only a year ago. While cheaper oil is good news for consumers, another big slump in oil prices has ramifications for both equity and currency markets. In forex markets, oil-linked currencies such as the Canadian dollar and Norwegian krone have come under pressure from yesterday’s losses in oil prices, though so far the impact is limited. Traders already responded to the possibility of lower inflation, and therefore lower interest rates as a result of the latest rout in oil prices, by buying US treasury notes.
June 21, 2017 10:54 UTC
Rising U.S. production is holding oil prices down. (Photo: Getty Images)So much for that rebound in oil prices. But rising production in countries such as the U.S., where oil-shale drilling continues, and Libya, which is exempt from OPEC cuts, has added to oversupply worries. But traders have “overlooked these headlines,” S&P Global Platts Oil Futures editor Geoffrey Craig says. “They are taking cues from rising U.S. crude production and steadily high imports, both of which represent major headwinds for oil” prices.
June 21, 2017 10:31 UTC
The company’s accounts in Malta were frozen under the Libyan sanctions.However, the main source of funding for the Mezen account in 2010 was a third company, Moncada International Limited – registered at Sammut’s Mosta address – which transferred over €40 million that year in three instalments.In addition, Moncada received €3 million from Mezen two weeks before the latter closed its account. Moncada was struck off the companies register in September 2013.According to the panel of experts, between 26 February and 14 July, 2011, €10 million was transferred out of the Moncada account, which was never frozen.The panel has recently written to Malta to underscore “that it is crucial to trace that money and investigate its origin”.The playboy son of Colonel Gaddafi died in the Battle of Sirte after being captured by anti-Gaddafi forces on 20 October, 2011, shortly before being executed along with his father. He was 36.Now the Libyan Attorney General – one of the few executive offices that enjoy the recognition of both the Tobruk and Tripoli governments in strife-torn Libya – is trying to take ownership of Muatassim’s wealth held by his Maltese companies.Libya’s claims are being opposed by Safia Farkash Gaddafi, the 63-year-old widow of Muammar Gaddafi, now living in Oman with sons Hannibal and Mohammad, and daughter Aisha.Safia Farkash’s lawyer, Charilos Oikonomopoulos, is opposing the Attorney General’s claims to the “millions” that could be held under Muatassim’s companies, Capital Resources and Mezen International. Under Islamic law, she would be entitled to one-sixth of her son’s wealth, but she is under UN sanctions that froze an estimated €25 billion in state and personal assets she controlled.Oikonomopoulos also claimed that Muatassim Gaddafi had another heir: his hitherto unknown wife Lisa van Goinga, a Dutch glamour model, and her son. “Muatassim seems to remain, post mortem, a threat to international peace and security.
June 21, 2017 09:00 UTC
ISS Today: Will South Africa be at the 29th AU summit? Also, most of the issues and conflicts the AU is dealing with are fairly far removed from South Africa. There has been very little emphasis on South Africa’s role in Lesotho at the AU level, mainly because South Africa and SADC prefer to deal with Lesotho “in-house”. The downside of such an approach is that South Africa is not seen as playing any role in peace and security issues in Africa. South Africa has an army of 37,000 troops, but together with civilians, the figure goes up to 78,000.
June 21, 2017 08:48 UTC
Another batch of One Hundred and Seventy-five (175) Nigerians voluntarily returned from Libya on Tuesday aboard a chartered Nouvelair aircraft with registration number TS-INA. The News Agency of Nigeria (NAN) reports that the aircraft landed at 7.50p.m at the Murtala Muhammed International Airport, Lagos. Also on ground to receive them were officials of the National Emergency Management Agency (NEMA) and the Federal Airports Authority of Nigeria (FAAN). Addressing newsmen, Air Commodore Paul Ohemu, Director, Search and Rescue, NEMA, said the agency in collaboration with the IOM was working to stem irregular migration and return stranded Nigerians from Libya. On her part, Ms Julia Burpee, Public Information Officer, IOM, said the organisation had facilated the return of over 1,170 Nigerians from Libya since February.
June 21, 2017 08:15 UTC
An oily bearGlobal oil prices entered into a bear market on Tuesday night as they extended their recent run of losses to more than 20 per cent from their recent peaks in January. The cartelWhy are global oil prices in free-fall? The previous assumption was that the bulk of these shale oil producers needed oil somewhere around $US55/barrel to stay viable; but that now is looking more like $US45/bbl, and maybe even less. A stubborn glutAll of which brings us back to the global oil glut. Relief at the pumpSo will Australian consumer reap the benefits of the fall in oil prices?
June 21, 2017 03:56 UTC
On Sunday, after an engagement between "pro-Syrian regime" forces and U.S.-backed "Syrian Democratic Forces," the U.S. shot down a Syrian military aircraft over Syrian territory. "The coalition's mission is to defeat ISIS in Iraq and Syria," said the statement. "That begins to clarify for us opposition forces and regime forces." "So it's to defeat ISIS; it's to begin to stabilize areas of Syria, stabilize areas in the south of Syria, stabilize areas around Raqqa through ceasefire agreements between the Syrian regime forces and opposition forces," he said. "Use local forces that will be part of the liberation effort to develop the local security forces — law enforcement, police force," Tillerson said.
June 21, 2017 03:56 UTC