Good news regarding cash liquidity in Libya before Ramadan and Eid al-Fitr.
Tripoli – The distribution of cash liquidity to commercial banks will continue in the coming months with support from the Central Bank of Libya, as cash shipments have arrived at the bank’s vaults via an air bridge. It was clarified that the Central Bank will inject ten billion dinars of the new currency during January […]
U.S. Embassy: Al-Haddad was the United States’ primary counterpart in efforts to unify the Libyan military institution.
Tripoli, December 24, 2025 — The Embassy of the United States of America has extended its condolences and sympathy to the Libyan people following the tragic plane crash that claimed the lives of General Mohammed Al-Haddad, Chief of the General Staff of the Libyan Army, and a number of his companions, as they were returning […]
A Libyan military delegation inspects the wreckage of the Haddad plane in Ankara.
Ankara, December 24, 2025 — A Libyan military delegation began, on Wednesday, inspecting the wreckage of the plane of Chief of Staff Mohammed al-Haddad, which crashed near the Turkish capital Ankara on Tuesday. Following the incident, the military officials tasked by the head of the Government of National Unity arrived in Ankara by air. According […]
Central Bank: Value of oil revenues transferred to the bank since the beginning of December is only $793 million.
Tripoli, December 23, 2025 — The Central Bank of Libya announced on Tuesday that the value of oil revenues transferred to the bank since the beginning of December until the 23rd of the same month amounted to only about 793 million dollars. The Central Bank confirmed in a statement that it continues to carry out […]
Why are some Labour Party members increasingly calling for a return to the European Customs Union?
Calls within the British Labour Party to rejoin the European Customs Union have intensified, most recently from British Health Secretary Wes Streeting, and before him from Deputy Prime Minister and Justice Secretary David Lammy, in addition to a broad section of the party’s members in Parliament and its voters who believe Britain would gain significantly […]
Central Bank Governor of Lebanon Reserves Judgment on Deposit Repayment Bill
The Governor of Lebanon’s Central Bank expressed reservations about a draft law that would allow depositors to gradually recover funds frozen in the banking system since the financial collapse in 2019, a crucial step for reviving the economy. In a statement issued yesterday, Tuesday, the Governor said, «The proposed timeline for repaying the cash portion […]
The U.S. economy grew faster than expected in the third quarter.
The U.S. economy grew at a faster pace than expected in the third quarter of the year, driven by strong consumer spending. However, its momentum appears to have faded amid rising living costs and the latest government shutdown. In a preliminary estimate, the Bureau of Economic Analysis stated that output increased at an annual rate […]
How is the Venezuelan oil blockade pushing Cuba’s economy toward collapse?
The economic repercussions of the United States’ blockade of Venezuelan oil tankers are not confined to Venezuela alone; they extend to Cuba, whose economy has relied on continuous support from Caracas for many years. Cuba is already suffering from a severe economic crisis, with its economy shrinking by 15% since 2018, and it faces further […]
Will the US Naval Blockade of Venezuela Deal a Blow to the Russian Economy?
Moscow– The US President’s announcement of a comprehensive blockade on all authorized oil tankers entering or leaving Venezuela is an event of not only regional but global significance. Although the US decision will make purchasing Venezuelan oil through unofficial channels more difficult for Europeans; and considering that most Venezuelan oil is currently exported to , […]
Colombia Declares Economic Emergency to Impose New Taxes
President Gustavo Petro has declared an economic emergency to impose new taxes after Congress rejected a tax reform intended to fund the 2026 budget. The first leftist president in Colombia’s history is seeking to empower his government to levy special taxes to avoid a «financial crisis,» with eight months remaining before he leaves office. On […]