A standoff over control of the bank had destabilized the country’s economy and raised the prospect of fresh fighting between Libya’s eastern and western factions.
Tag: Central Bank of Libya
A Standoff at Libya’s Central Bank Shows Cracks in Country’s Political Stability
The country has settled into a tense east-west divide, but turmoil around the central bank, which handles Libya’s oil riches, has worsened a fraying, fragile political setup.
After a Decade of Chaos, Can a Splintered Libya Be Made Whole?
An interim government promises peace, unity and democratic elections. Skeptical Libyans say they’ve heard this promise before.