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Libyan Rebel Chief Says Govt’s Success Hinges on Releasing Assets

Posted August 26th, 2011 at 5:40 am (UTC-5)
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The head of Libya’s rebel government says the only way it can succeed is if the international community frees all of his country’s assets frozen during Colonel Moammar Gadhafi’s reign. Libya’s Transitional National Council chief Mahmud Jabril said Friday that the opposition needs the money in order to pay the salaries of civil servants and […]

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US to Release $1.5 Billion of Frozen Libyan Assets

Posted August 26th, 2011 at 4:10 am (UTC-5)
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The United States soon will release $1.5 billion in frozen Libyan assets to the country’s opposition-run council for urgent humanitarian aid. The United Nations Security Council approved the funds’ release Thursday after the United States and South Africa reached a deal, designating where the funds would go. Earlier, South Africa had expressed hesitation about releasing […]

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Libyan Rebels Move Cabinet to Tripoli

Posted August 26th, 2011 at 12:15 am (UTC-5)
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Libya’s rebel Transitional National Council says it is moving its political leadership to the capital, Tripoli, from its eastern stronghold city of Benghazi. Council official Ali Tarhouni, in charge of financial matters, on Thursday declared “the beginning and assumption of the executive committee’s work in Tripoli.” The announcement came as embattled Libyan leader Moammar Gadhafi […]

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US to Release $1.5 Billion for Libya

Posted August 25th, 2011 at 8:50 pm (UTC-5)
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The United States and South Africa have reportedly reached a deal to allow the release of $1.5 billion in frozen Libyan assets, to be used by the country’s opposition-run council for urgent humanitarian aid. Those assets had been blocked under U.N. sanctions against the government of Moammar Gadhafi. But U.S. officials said Thursday the money […]

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Libyan Rebels Move Cabinet to Tripoli

Posted August 25th, 2011 at 6:30 pm (UTC-5)
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Libya’s rebel National Transitional Council says it is moving its political leadership to the capital, Tripoli, from its eastern stronghold city of Benghazi. Council official Ali Tarhouni, in charge of financial matters, on Thursday declared “the beginning and assumption of the executive committee’s work in Tripoli.” The announcement came as embattled Libyan leader Moammar Gadhafi […]

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UN to Release $1.5 Billion for Libya

Posted August 25th, 2011 at 5:50 pm (UTC-5)
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United Nations diplomats say the United States and South Africa have reached a deal to allow the release of $1.5 billion in Libya’s frozen assets for urgent humanitarian aid, including the purchase of fuel and the provision of social services. The assets, which were blocked under U.N. sanctions, would be released to the Transitional National […]

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Libya’s Gadhafi Urges Loyalists to Resist Tripoli Rebels

Posted August 25th, 2011 at 5:25 pm (UTC-5)
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Libyan leader Moammar Gadhafi has urged his supporters to rise up and defeat the rebels trying to oust him from power. In a short audio broadcast Thursday, he described his opponents as “rats” and denounced foreign countries for their involvement in the conflict. His speech came as fierce gunbattles between pro-Gadhafi forces and opposition fighters […]

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Contact Group Urges UN to Unfreeze Libyan Assets

Posted August 25th, 2011 at 3:00 pm (UTC-5)
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The Libya Contact Group is putting more support behind Libya’s opposition governing council and urging the United Nations to unlock frozen Libyan assets. After meeting in Istanbul Thursday, the nearly 30 countries and organizations of the Contact Group called for an expedited process to unfreeze Libyan assets for use by the rebels’ Transitional National Council. […]

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Libya’s Gadhafi Urges Loyalists to Resist Tripoli Rebels

Posted August 25th, 2011 at 2:30 pm (UTC-5)
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Libyan leader Moammar Gadhafi has urged his supporters to rise up and defeat the rebels trying to oust him from power. In a short audio broadcast on Thursday, he described his opponents as “rats” and also denounced foreign countries for their involvement in the conflict. His speech came as fierce gunbattles between pro-Gadafi forces and […]

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Libya’s Gadhafi Urges Supporters to Resist Enemy “Rats”

Posted August 25th, 2011 at 12:35 pm (UTC-5)
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Libyan leader Moammar Gadhafi has urged his supporters to rise up and defeat the rebels trying to oust him from power. In a short audio broadcast on Thursday, he described his opponents as “rats” and also denounced foreign countries for their involvement in the conflict. His speech came as fierce gunbattles between Gadhafi loyalists and […]

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