Libyan Commercial Banks on verge of collapse

Libya's economy is seeing a jumbled mumbled situation that is ominous of a great collapse to strike its most valuable sector, the commercial banks.The banks in Libya are now in a financial setback and a suffocating cash crisis that…

German Chancellor: Libya’s GNA must be supported

The German Chancellor, Angela Merkel, said Libya's Government of National Accord must receive a support from all EU and UN countries to help the country stabilize.In a joint presser with the US President, Barack Obama, in Berlin…