chaos in Libya

Covid-19 costs five major Moroccan public enterprises over $600 mln

The restrictive measures to slow the outbreak of the coronavirus ensued revenue losses estimated at $600 million for five Moroccan state-owned enterprises. These include flag carrier RAM, which loses up to $100 million per month, national electricity and water utility with $44 million, airports agency with $30 million, rail operator ONCF with $28 million and […]

Libya: Parallel government sworn in

A parallel government installed by Libya’s parliament and seeking to oust the ruling executive in Tripoli was sworn in Thursday, plunging the country into an institutional crisis reminiscent of the darkest hours of the civil war. The parliamentary-appointed prime minister, Fathi Bachagha, and part of his team were sworn in before MPs in Tobruk, in […]

Libya: Political Protagonists Agree to Hold Elections Dec. 10

Stakeholders in the Libyan conflict agreed Tuesday in Paris to hold elections on December 10 as France and UN push to end seven years of instability. UN-backed Prime Minister Faiez Serraj, military commander of so-called Libyan National Army Khalifa Haftar and heads of rival assemblies agreed in principle in an eight-point document to hold the […]