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Libya’s acting prime minister Abdallah Al-Thinni speaks during a news conference in Tripoli, in this March 12, 2014 file picture. (Reuters/Ismail Zitouny)
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Ships at anchors in the Mediterranean sea next to the Zawiya Oil Refinery in Zawiya, west of Tripoli, Libya, in march 2011 (AP Photo/Ben Curtis, File)
Libyan rebels, government agree to gradually reopen occupied oil ports
Tripoli and Benghazi, Reuters—Libyan rebels occupying four eastern oil ports agreed with the government on Sunday to gradually end their eight-month petroleum blockade which has cost the North African state billions in lost revenues. Zueitina and Hariga ports, held by...Caption:
Pedestrians walk past a currency exchange office in central Tripoli March 30, 2014. (Reuters/Ismail Zitouny)
Libya burns cash, halts projects to battle budget crisis
Tripoli, Reuters—Libya is burning through central bank reserves and scrapping infrastructure projects to overcome its worst budget crisis in decades after the seizure of oil installations by armed groups has reduced the government’s income almost to zero. Oil...Caption:
A file photo dated November 16, 2013 shows Libyan Prime Minister Ali Zeidan, left, and Libyan Minister of Defense Abdallah Al-Thani attending a press conference with members of the government, in Tripoli, Libya. (EPA/Sabri Elmhedwi)
Libyan parliament sacks prime minister after rebels export oil
Tripoli and Sidra, Reuters—Libya’s parliament voted Prime Minister Ali Zeidan out of office on Tuesday after a tanker loaded with oil from a rebel-held port escaped the navy, officials said. Zeidan, a liberal weakened for months by infighting with Islamists,...Caption:
Libyan Prime Minister Ali Zeidan speaks during a press conference on January 22, 2014 in the capital Tripoli. Zeidan vowed on January 21 to stay at his post, as Islamist ministers quit in protest at persistent lawlessness that saw him briefly abducted last year. AFP PHOTO / MAHMUD TURKIA