LIBYA

Libya: Turkey proposes “roadmap” for peace

The prime minister of Turkey Recep Tayyip Erdogan said he is working on a roadmap to end the bloody civil war in Libya, after Turkish officials have held discussions with both members of Moammar Gaddafi’s government and officials of the rebel faction.
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Oil hits 2-1/2-year peak; gains seen slowing

Brent crude oil prices rose to a 2-1/2-year high above $123 a barrel on Wednesday before erasing the majority of gains in volatile trade as market players fretted the recent rally was overdone.

Gaddafi should step down: Turkey

Turkey wants Moammar Gaddafi to step down as the ruler of Libya, according to the Turkish Foreign Ministry, in the wake of discussions with both Libyan government officials and representatives of the opposition.
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Oil hits fresh peaks on Middle East, weak dollar

Oil prices hit fresh peaks on Wednesday, rising to their highest since August 2008, buoyed by unrest in the Middle East and North Africa and dollar weakness ahead of an expected European Central Bank interest rate rise.
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Oil at 30-month peak on Middle East, weak dollar

Oil prices hit fresh peaks on Wednesday, rising to highest since August 2008, buoyed by unrest in the Middle East and North Africa and dollar weakness ahead of an expected European Central Bank interest rate increase.

Migrant boat capsizes near Lampedusa island

A boat carrying illegal migrants from North Africa capsized near the Italian island of Lampedusa, rendering about 130 people missing, according to Italy’s coast guard officials.

Libya planned to kill civilians even before revolt started: ICC

The International Criminal Court (ICC) says that the regime of Moammar Gaddafi planned to kill civilians even before the revolt in Libya commenced as a way for the government to stave off the kind of rebellion witnessed in neighboring Tunisia and Egypt.
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Boehner ups ante as government shutdown looms

With time running short, President Barack Obama failed on Tuesday to break a deadlock in budget talks between his Democrats and Republicans that threatens a partial shutdown of the government.

Gaddafi soldiers take Brega from rebels

Soldiers loyal to Libyan leader Moammar Gaddafi have again taken the key oil port of Brega, driving away rebel forces 20 kilometers away to Ajdabiya under a heavy bombardment of rocket and artillery fire.
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Brent jumps to 2-1/2-year peak, U.S. oil slips

Brent crude jumped to a 2-1/2 year peak above $122 a barrel on Tuesday, gaining for a fourth day as conflict and unrest in Africa and the Middle East more than offset China's latest interest rate hike.
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Oil at fresh 2-1/2 year high on unrest

Oil prices rose to fresh 2-1/2 year highs on Tuesday, with Brent crude topping $122 a barrel as unrest in oil exporting countries in the Middle East and Africa outweighed China's fourth interest rate hike since October.

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