Daily Archives: 12/26/2017


Eastern Libya to Stage Conference in March to Rebuild Benghazi

Authorities in eastern Libya have announced a conference in March to drum up support to rebuild the country’s second-largest city Benghazi heavily damaged during three years of fighting between military forces and Islamist fighters. The announcement signals a desire to …


Oil Prices Rise on Libyan Pipeline Blast

Oil moved higher above $65 a barrel on Tuesday, within sight of its highest since mid-2015, supported by an explosion on a crude pipeline in Libya and voluntary OPEC-led supply cuts. The move towards restart of a key North Sea …


Minister: Sudan to Devalue Pound Currency in January

Sudan is to devalue its currency to 18 Sudanese pounds per dollar in January from the current exchange rate of 6.7, the finance minister said on Tuesday. The International Monetary Fund urged Sudan earlier this month to float its currency …