Libya's parliament approves Bashagha's government 2022 budget -parliament spokesman
BENGHAZI, June 15 (Reuters) - Libya's parliament on Wednesday unanimously approved the 2022 budget for the government it appointed in March, worth nearly 89.7 billion Libyan dinars ($18.61 billion), the parliament spokesman said. ($1 = 4.8204 Libyan dinars) Reporting by Ayman al-Warfalli; Writing by Enas Alashray; Editing by Catherine EvansDisclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
Source:Libya Today
June 15, 2022 12:09 UTC
Libya split deepens as Sirte parliament passes budget
TRIPOLI :Libya's parliament approved a budget on Wednesday for the government it appointed in March despite the incumbent administration refusing to step down, a move that may accelerate a return to parallel rule. The 89.7 billion Libyan dinar (US$18.6 billion) budget was approved unanimously, the parliament's spokesperson said. The Central Bank of Libya (CBL), which is based in Tripoli and is the only internationally recognised depository for Libyan oil revenues, finances Dbeibah's government. Libya analysts say if the CBL refuses to fund Bashagha's budget, parliament may ask the head of its eastern branch to do so, effectively ending the CBL reunification process. The parliament is based in the east and largely supported commander Khalifa Haftar's war against Tripoli and western factions.
Source:Libya Today
June 15, 2022 11:44 UTC
Top 6 Use Cases for XR in Advertising
Let’s take a look at some of the top use cases for XR in advertising, and why they’re so effective. Improved Customer Experience and ServiceOne of the best ways to use XR in marketing is to boost the relationship you have with your customer. This kind of in-depth customer experience promotes better customer satisfaction and encourages positive word-of-mouth chatter about a brand. Try Before You Buy Interactions“Try before you buy” experiences represent one of the most common tools used for XR in advertising. You could even reduce the number of products you need to keep in-store with XR technology.
Source:Libya Today
June 15, 2022 10:12 UTC
UN: Third day of Libyan talks in Cairo concluded
The third day of the consultations of the Libyan constitutional track committee formed by the House of Representatives (HoR) and the High Council of State (HCS) has concluded in Cairo, under the auspices of the United Nations Support Mission in Libya (UNSMIL). “We have concluded the third day of consultations with the HoR/HCS joint committee in Cairo, where we are continuing to work on establishing consensus on the constitutional framework needed to take Libya to national elections as soon as possible,” said the UN Secretary-General’s Special Envoy to Libya, Stephanie Williams. Consultations will continue until June 19, to prepare the necessary constitutional framework for holding national elections as soon as possible.
Source:Libya Today
June 15, 2022 10:09 UTC
Libyan budget vote set to escalate standoff
TRIPOLI : Libya's parliament is set to vote on Wednesday to approve a budget for the government it appointed in March despite the incumbent administration refusing to step down, a move that may accelerate a return to parallel rule. The Central Bank of Libya (CBL), which is based in Tripoli and is the only internationally recognised depository for the country's oil revenue, finances Dbeibah's government. Under previous agreements, however, it pays salaries across Libya's political divide including to fighters on different sides of the conflict. The parliament, which appointed Bashagha prime minister, is based in the east and largely supported commander Khalifa Haftar's war against Tripoli and western factions. If the CBL in Tripoli refuses to finance Bashagha's budget after the parliament approves it, the parliament may ask the head of the eastern CBL branch to provide the funding.
Source:Libya Today
June 15, 2022 06:55 UTC
Rwanda better than Libya, but will try for Europe again: Asylum seekers
This is not the first time Rwanda has taken in asylum seekers from a third country. Trying to reach Europe, he got stuck in a Libyan detention facility for a year before the UN took him to Rwanda’s Gashora camp. Conditions are much better in Rwanda, Nyuon said, but he and many others migrants sent from Libya are set on getting to Europe. When I reach Europe or Canada I will study and work,” echoed Eritrean Teame Goitom. Israel attempted a similar migrant transfer program as Britain starting in 2014, sending mainly Sudanese and Eritreans asylum seekers to Rwanda and Uganda.
Source:Libya Today
June 14, 2022 21:20 UTC
Oil tanker docks at Libya’s Es Sider port despite blockage by groups - engineers
An oil tanker has docked but has yet to load at Libya's Es Sider port, engineers said on Tuesday, despite groups saying that the port was closed. Last Thursday, groups at Libya's Es Sider and Ras Lanuf oil terminals closed them and exports were halted in an apparent expansion of a partial blockade of the country's energy output. Also Read: Oil output at Libya's Sarir reduced, engineers say(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
Source:Libya Today
June 14, 2022 20:26 UTC
HoR Speaker, HCS members discuss Libya’s latest developments
Speaker of the Libyan House of Representatives (HoR), Aqila Saleh, met with some members of the High Council of State (HCS) at the HoR headquarters in Sirte, after suspending its session until tomorrow. The meeting discussed the latest developments in the country, especially the political and constitutional tracks, according to HoR Speaker’s Media Office. It is noteworthy that HoR suspended its closed session held in Sirte until tomorrow, Wednesday, to vote on the draft state budget submitted by the Libyan government, headed by Fathi Bashagha.
Source:Libya Today
June 14, 2022 19:55 UTC
Oil Tanker Docks at Libya’s Es Sider Port Despite Blockade
An oil tanker has docked but has yet to load at Libya's Es Sider port, engineers said on Tuesday, despite groups saying that the port was closed. Last Thursday, groups at Libya's Es Sider and Ras Lanuf oil terminals closed them and exports were halted in an apparent expansion of a partial blockade of the country's energy output. (Reporting by Ayman al-Warfali; Writing by Lina Najem;Editing by Louise Heavens)
Source:Libya Today
June 14, 2022 19:07 UTC
Libya: Oil output collapses after wave of closures
Libyan oil output last year was more than 1.2 million bpd and the reduced production adds to the pressure on markets already squeezed by tight supply elsewhere. The Oil Ministry spokesman said Libya was facing a daily loss in export revenue of $70 million-80 million as a result of the shutdowns. National Oil Corporation has not recently commented on oil output. READ: Libya crisis worsens as rival government takes oathGroups at oil facilities have demanded that Dbeibah quit in favour of Bashagha. It has not commented on that charge, but LNA figures urged an oil shutdown in April.
Source:Libya Today
June 14, 2022 18:45 UTC
528 migrants disembarked back on Libyan shores in a week – IOM
In the period from 5 to 11 June 2022, 528 migrants have been disembarked back on Libyan shores, according to the International Organization for Migration (IOM). So far in 2022, 8,270 migrants have been disembarked on Libyan shores; 7396 men and 233 male minors, 571 women and 70 female minors, IOM said on Monday. It added that 145 migrants died and 547 went missing in the period from 1 Jan to 11 June, 2022 on the Central Mediterranean route. From Jan to Dec 2021, 32,425 migrants were disembarked on Libyan shores. 662 were recorded dead and 891 missing on the Central Mediterranean route in 2021, IOM pointed out.
Source:Libya Today
June 14, 2022 16:50 UTC
Oil prices settle at lowest in a week
Oil futures surrendered early gains on Tuesday, brought on by supply disruptions in Libya, to finish with a loss. Prices for the front-month contract ended Tuesday at the lowest since June 6, according to Dow Jones Market Data. BRNQ22, the global benchmark, lost $1.10, or 0.9%, at $121.17 a barrel on ICE Futures Europe, the lowest finish since June 7. A revival of the deal would lead to more oil from Iran on the global market. Flynn, however, said the news was more likely to send oil prices higher.
Source:Libya Today
June 14, 2022 16:33 UTC
Asylum seekers say Rwanda better than Libya, but they will try for Europe again
The first flight of asylum seekers from Britain is set to depart this evening for Kigali, although only a handful of people may be aboard amid a flurry of last-minute legal challenges. This is not the first time Rwanda has taken in asylum seekers from a third country. Conditions are much better in Rwanda, Nyuon said, but he and many others migrants sent from Libya are set on getting to Europe. Israel attempted a similar migrant transfer programme as Britain in 2014, sending mainly Sudanese and Eritreans asylum seekers to Rwanda and Uganda. READ: HRW urges UK gov't to rescind plan to expel asylum seekers to RwandaThe United Nations said Britain's decision to transfer asylum seekers to Rwanda is "all wrong".
Source:Libya Today
June 14, 2022 14:48 UTC
Deshaun Watson legal update: Two more cases expected to be filed
In what seems like it will be a never-ending story, the Cleveland Browns acquisition of QB Deshaun Watson continues to be front-page news for all the wrong reasons. After two more cases were filed, the first since the team acquired him, recently and the New York Times investigation was published, the Browns and Watson have gone about business as usual. That is expected to continue with the mandatory minicamp opening today but business as usual, right now, also means more cases against Watson. According to a Houston area report, attorney Tony Buzbee will be filing two new civil cases on Tuesday against Watson bringing the total to 26 in all. For the football team and its fans, uncertainty continues to reign with, seemingly, no end in sight.
Source:Libya Today
June 14, 2022 12:50 UTC
Meta Rolls Out Horizon Worlds across UK
Meta has released its Horizon Worlds metaverse platform for Quest 2 users in the United Kingdom with further plans to launch in European countries in the summer, it was announced on Sunday. The platform has begun connecting users with friends and families since 2021 in immersive, interactive environments to play games, socialise, or collaborate from anywhere in the world. According to Meta, it has also outlined its Conduct in VR Policy and Horizon Worlds Prohibited Content Policy to inform metaverse users of regulations, following an incident where an executive and beta tester of the platform had been virtually assaulted, leading to an overhaul of the platform’s guidelines. Meta will restrict, suspend, or disable users found violating the terms of the platform on an individual case basis, it explained. Meta is also adding Voice Mode, allowing users greater control over their immersive experiences by controlling which people hear conversations and encrypting conversations for non-friended individuals.
Source:Libya Today
June 14, 2022 12:16 UTC