The Central Bank Of Libya By:Omar Khattaly Mr. Kabir’s decision to flee the country has effectively placed Libya’s financial institutions in a state of siege, held hostage by his own world of power, which he has maintained a firm grasp on for the past decade. It is regrettable that the […]
Chaos and violence are major prerequisites for the removal of an official from Libya’s official institutions, from the National Oil Corporation to the Libyan Investment Authority and now the central bank, the country’s highest financial institution. Two days ago, the abrupt removal of Libya’s Central Bank governor, Mr. Sadeg Kabir, […]
In 1982, Forbes magazine unveiled a list of America’s wealthiest 400 individuals and their fortunes. This roster featured a mere 13 billionaires, amassing a total wealth of $92 billion. Fast-forward four decades, and Forbes’ updated list of America’s richest 400 reveals a staggering increase to $4.5 trillion. A striking 30.6% […]
Until recently, Russia has supplied Europe with an average of over 150 billion cubic meters (BCM) of Natural Gas annually, a volume not easily replaced through alternative means. However, Russia’s invasion of Ukraine has forced global energy suppliers to seek alternative energy sources resulting in a scramble to secure supplies […]