Opinion

Does modifying Dinar exchange rate save Libya?

Suliman Al-Shahomy

It seems that some merchants want the revaluation to four Dinars for the Dollar, as proposed by the chairman of General Libyan Union of Chambers, so quantification of Dollar selling could stop from the Central Bank of Libya (CBL), and to execute purchase with the new price. Merchants know they now...

Libyan Jews call on the UNSMIL to secure their rights in Libya’s constitution

Dr. David Gerbi

Representative of World Organisation of Libyan Jews (WOLJ) Dr. David Gerbi urges the international community on the issue of Libyan Jews. The WOLJ call the authorities of the GNA, the Parliament, the leader of Benghazi governments, to respect the rights and heritage of Libyan Jews and how they...

Too late for economic reforms

Suliman Al-Shahomy

It is not possible now to speak about the efficiency or feasibility of any economic policies that could save the current crumbling situation. It seems that the economic policies, including series of financial tools run by the Central Bank of Libya (CBL), aim at controlling the inflation and the...

In Libya children vanish without trace

Mustafa Fetouri

On Oct. 20, 2015 sometime between 4 and 5 in the afternoon, the little girl of 4-years-old Meyar al-Harari disappeared while playing with other kids around her older sister’s wedding party in Zahra, west of Tripoli. Never seen since. On Nov. 3, 2016 a passerby found a child’s body...

One year on, Libya’s unity accord needs more work

Mustafa Fetouri

The first anniversary of the Libyan Political Accord (LPA) fell on Dec. 17. The agreement was signed in Skhirat, Morocco, by the fighting Libyan political factions in front of a cheering crowd of diplomats and international dignitaries representing major world powers including the United States,...

The LIA “steering committee” threatens to undermine the LIA’s multi-million dollar litigations. It cannot be allowed to do so

Sami Redwan

Libya is a nation plagued by internal conflict, as the recent attempted coup illustrated only too well. Many of the rifts that exist between the competing factions are deep and intractable. Others, however, are relatively simple to resolve, and the rewards for their resolution would be huge. The...

LIA on track with multi-million dollar litigations to recover wealth of the Libyan people

Sami Redwan

Things are uncertain at the moment, even by Libya’s standards. Key terminals in Libya’s eastern and western oil facilities have been held hostage for years, with oil production at a minimum. Oil exports, on which the economy sorely relies, are at a virtual standstill. The country’s...

The Presidential Council’s order to appoint a temporary committee to manage the Libyan Investment Authority is legally questionable and bad for Libya

Sami Redwan

The Presidential Council recently issued an order to establish a temporary Steering Committee to manage the Libyan Investment Authority (LIA). The motive behind the decision seems sincere – to unite the leadership of our nation’s sovereign wealth fund. However on closer...

Libya’s crises are not inevitable, yet they are legion

Editor-in-Chief

After the overthrow of the long-time dictator, Muamar Gaddafi, by a people's revolution in February 17, 2011 and with his death in October of the same year, Libyans started to lead a new life full of hopes for freedom of expression, of political views and also value of the self. Years rolled...

The Libyan Army, Between Reality and Delusion

Dr. Obaid Al Raqiq

It goes without saying that armies are the base of all modern states. They are responsible for securing the homeland and protecting its sovereignty, which are two important pillars upon which any modern state is built and without which there would be no state at all. Therefore, all countries...