LIBYA

IBTimes Logo

Global voices oppose military intervention in Libya

A chorus of voices from government officials around the world have condemned (or at least questioned) the decision by a handful of western countries (in tandem with some Arab allies) to launch air strikes on military targets in Libya.

Markets edge lower, but VIX also drops

IBTimes Logo
U.S. stocks edged lower on Tuesday following three days of gains, but further losses may be limited as investors have adapted to a defensive strategy.
More news
A British Royal Air Force Tornado GR4 aircraft takes off from RAF Marham in eastern England

President Museveni of Uganda condemns air strikes on Libya (FULL-TEXT)

The president of Uganda, Yoweri Museveni, has written a lengthy a column in The New Vision newspaper of Uganda in which he condemned the western alliance’s military strikes on Libya. He also proposes a resolution to the Libyan crisis through the auspices of the African Union.
U.S. Air Force Jet Crashes in Libya

U.S. Warplane Crashes in Libya [PHOTOS]

A U.S. Air Force Strike Eagle F-15E jet crashed near the eastern city of Benghazi in Libya late Monday as part of a mission to protect civilians from forces led by Col. Muammar Gaddafi, United States Africa Command said on Tuesday.
IBTimes Logo

Brent dips under $115, absorbs Libya impact

Oil prices slipped on Tuesday, with Brent crude falling below $115, as investors betting oil prices would rise with western involvement in Libya's civil war took profits in anticipation of a slowdown in air strikes.
CNN ripped apart rival news channel Fox News for airing a story that said foreign journalists were used by Libyan authorities as human shields.

Channel fistfight over Libya: Fox reporter 'rarely leaves his hotel,' says CNN

CNN ripped apart rival news channel Fox News for airing a story that said foreign journalists were used by Libyan authorities as human shields. CNN correspondent Nic Robertson said the report was outrageous and hypocritical and that he did not expect journalists to lie. I expect lies from the government here. I don't expect it from other journalists. It's frankly incredibly disappointing, he said.
People attend flashmob pillow fight at Brandenburger Tor in Berlin

Flashmob battles it out in Berlin - with pillows

While a real war in Libya is unfolding, a much less serious event took place in Berlin, where a pillow fight flash mob suddenly appeared in front of the German capital's iconic Brandenburger Tor and engaged in a large scale pillow fight.
A French Air Force Mirage 2000 jet make preparations at the Solenzara military air base before a mission over Libya

U.S. to reduce role in Libya: Obama, Gates

U.S. President Barack Obama said his country will relinquish its leading role in the Western alliance against Libya’s Moammar Gaddafi within days in order to guarantee that the responsibility of enforcing the UN-mandated “no fly zone” resolution Gaddafi is shared by various nations
Follow

World Market Overview 22/03/2011

The Dow Jones Industrial Average climbed back above 12000, boosted by a major telecommunications deal and a jump in energy stocks as oil prices leapt.
Libya No Fly Zone

Coalition Expands No-Fly Zone; Gaddafi Not a Target

Coalition forces targeting Libya are working to expand a no-fly zone south and west of Benghazi and are generally achieving their aims and Libyan leader Muammar Gaddafi is not a target even as the coalition struck one of his compounds in Tripoli, the U.S. commander organizing the coalition's military strikes said Monday.
IBTimes Logo

World Bank chief urges new role in Middle East

The World Bank is rethinking its role in the Middle East and North Africa to tackle economic and social problems that sparked political unrest, the bank's President Robert Zoellick said on Monday.
IBTimes Logo

Oil lifted by Mideast unrest, Libya conflict

Oil prices rose 1 percent on Monday as spreading unrest in the Middle East intensified concerns about potential threats to the region's oil supply and U.N.-mandated air strikes kept flow reduced from OPEC-member Libya.
IBTimes Logo

Oil up on Libya's conflict, eyeing Mideast unrest

Oil prices rose more than 1 percent on Monday as U.N.-mandated airstrikes on Libya and spreading protests and unrest in the Middle East reinforced concerns about potential threats to oil supply from the region.
U.S. Defense Secretary Robert Gates

Gates Says U.S. Will Not Have Top Role in Libya

U.S. Secretary of Defense Robert Gates said on Sunday that the U.S. will not have the top role in military action Libya and is expecting that other nations in the coalition will take the lead, although the U.S. will continue to provide some military support.
IBTimes Logo

Glencore seen pushing on with May IPO: investors

Commodities trader Glencore is seen clinging on to plans for a bumper London listing by the end of May, despite global stock market uncertainty, according to a Reuters poll of fund managers.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.