After a lengthy probe, investigative judges ordered Sarkozy and 12 others to stand trial for alleged passive corruption, illegal campaign financing, embezzlement, and related charges. Highlights Global Appeal of Leaderless SystemsOn a philosophical level, Sarkozy's trial speaks to the worldwide loss of faith in contemporary leadership. By further eroding trust in mainstream politics, economics, and governance, scandals like Sarkozy's trial help sets the stage for mass migration to decentralized alternatives. While scandals like Sarkozy's trial draw attention because of their salacious nature, everyday citizens are far more impacted by a quieter phenomenon - the invisible inflation tax. So in sum, bitcoin offers a modern safe haven for preserving monetary value amid rampant central bank money printing.

The former president will be tried over allegations he took money from late Libyan leader Muammar Gaddafi in 2007. Former French President Nicolas Sarkozy will be tried in 2025 over allegations he took money from late Libyan leader Muammar Gaddafi to fund one of his election campaigns, prosecutors say. The trial, which prosecutors announced on Friday, is to hear evidence that Sarkozy, along with 12 co-defendants, conspired to take cash from the Libyan leader to illegally fund his victorious 2007 bid for the presidency. Sarkozy, who has faced a litany of legal problems since his one term in office, has denied the Libyan allegations – the most serious he faces. Sarkozy took a lead role in negotiating Russia’s partial withdrawal from Georgia after Moscow’s invasion there in 2008.

Civil unrest in Libya has seen ​​rival leaders forge alliances with rebel factions in neighbouring Chad and Sudan. Khalifa Haftar’s Libyan National Army (LNA) launched air strikes against “foreign armed groups” near its border with Chad. The army hit Chadian rebel positions on the Libyan side of the border before launching an airborne assault. Mismari promised the LNA would “no longer allow armed groups or factions to use Libyan territory to launch attacks against neighbouring countries”. Civil unrest in Libya for the past 12 years has seen ​​rival leaders in the country forge alliances with various rebel factions in neighbouring Chad and Sudan.

São Paulo – This Thursday (24), Arab diplomats received in the federal capital Brasília the new ambassadors of Qatar and Libya, who recently took up their posts in Brazil. A welcome dinner was promoted by the Council of Arab Ambassadors in Brazil at the Embassy of Palestine in Brasília. Paraguayan delegation with diplomatsThe new diplomats were the ambassador of Qatar, Ahmad Alshebani, and the ambassador of Libya, Osama Sawan. The Arab ambassadors also attended a meeting in Brasília this week with a delegation of congress representatives of Paraguay. Translated by Elúsio BrasileiroThe post new ambassadors of libya, qatar welcomed in brazil appeared first on agência de notícias brasil-árabe .

Among 12 others facing trial over the alleged Libyan financing are heavyweights such as Sarkozy's former right-hand man, Claude Gueant, his then-head of campaign financing, Eric Woerth, and former minister Brice Hortefeux. Takieddine had claimed he delivered three suitcases stuffed with a total of five million euros ($6.15 million) in cash in 2006 and 2007. Sarkozy took a lead role in negotiating Russia's partial withdrawal from Georgia after Russian President Vladimir Putin's invasion in 2008. Sarkozy faces a separate probe into possible potential influence-peddling after he received a payment from Russian insurance firm Reso-Garantia of three million euros in 2019 while working as a consultant. Despite his two convictions, Sarkozy currently faces no threat of going to jail and can serve his sentences by wearing an electronic bracelet.

Sarkozy, who has faced a litany of legal problems since his one term in office, denies the Libyan allegations -- the most serious he faces. The 68-year-old has already been convicted twice for corruption and influence-peddling in separate cases involving attempts to influence a judge and campaign financing. Among the others facing trial over the alleged Libyan corruption are heavyweights such as Sarkozy's former right-hand man Claude Gueant, his then head of campaign financing Eric Woerth and former minister Brice Hortefeux. Sarkozy took a lead role in negotiating Russia's partial withdrawal from Georgia after Russian President Vladimir Putin's invasion in 2008 and he and his prime minister, Francois Fillon, enjoyed friendly relations with the Kremlin leader. Sarkozy faces a separate probe into possible potential influence-peddling after he received a payment by Russian insurance firm Reso-Garantia of three million euros in 2019 while working as a consultant.

PARIS (AP) — French investigative magistrates on Friday ordered former President Nicolas Sarkozy and 12 others to go on trial on charges that his 2007 presidential campaign received millions in illegal financing from the government of late Libyan leader Moammar Gadhafi. In the Libya case, he is charged with illegal campaign financing, embezzling, passive corruption and related counts. Investigators examined claims that Gadhafi’s government secretly gave Sarkozy 50 million euros for his winning 2007 campaign. The sum would be more than double the legal campaign funding limit at the time and would violate French rules against foreign campaign financing. In an unrelated case, Sarkozy was sentenced to a year of house arrest for illegal campaign financing of his unsuccessful 2012 reelection bid.

Wassim Mansouri’s comments came nearly a month after he took over the leadership at the central bank after the term of his predecessor, Riad Salameh, ended on July 31. “The central bank will for sure not cover the deficit by lending the government neither in U.S. dollars nor in Lebanese pounds,” Mansouri said. Mansouri said Friday the central bank will cooperate with Alvarez & Marsal and hand over all documents needed to the international company as well as Lebanon judicial authorities. Salameh, 73, ended his 30-year career as governor under a cloud of investigation and blame for his country’s economic meltdown. He left his post as a wanted man in Europe and was accused by many in Lebanon of being responsible for the country’s financial downfall since late 2019.

After a decade-long investigation, magistrates in Paris ordered Mr. Sarkozy to be tried on charges of passive corruption, illegal campaign financing, criminal conspiracy and concealing the misappropriation of public funds, according to Jean-François Bohnert, France’s top financial prosecutor. If convicted, Mr. Sarkozy could face up to 10 years in prison. A three-month trial is scheduled for early 2025, Mr. Bohnert said in a statement, although that date could be delayed by appeals from Mr. Sarkozy, who has strenuously denied the accusations, or by other defendants in the case. Mr. Sarkozy, 68, a conservative politician who was president from 2007 to 2012, remains an influential figure in French politics. But he has faced an array of legal troubles, and the allegations that his campaign illegally accepted money from Colonel Qaddafi, the former Libyan strongman assassinated in 2011, have been the most explosive.

TRIPOLI (Reuters) -Khalifa Haftar's Libyan National Army (LNA) said it launched air strikes against "foreign armed groups" near the border with Chad on Friday, after fighting near the area between the government of Chad and a rebel group trying to unseat it. LNA spokesperson Ahmad Mismari said it had carried out strikes against foreign forces on the border with Chad after having earlier announced an operation to secure the frontier. An LNA media unit distributed photographs of Haftar's son, Saddam Haftar, overseeing the operation with other LNA officers. The media unit said the LNA had expelled members of the Chadian opposition and their families from a residential area they were using in a desert town 300km (200 miles) north of the border with Chad. (Reporting by Reuters Libya Newsroom, writing by Angus McDowall, editing by Giles Elgood and Andrew Heavens)

This week, we saw the Central Bank of Libya announce that for the first time in nearly a decade, its two rival branches (in Tripoli and Benghazi) would be unified. This has been a major sticking point for stability because the Tripoli branch controls the oil revenues, even though Libya’s east (represented by Benghazi) largely controls physical oil. This is all happening against a complicated backdrop of what appears to be progress towards stability in Libya. This week, we saw the Central Bank of Libya announce that for the first time in nearly a decade, its two rival branches (in Tripoli and Benghazi) would be unified. This has been a major sticking point for stability because the Tripoli branch controls the oil revenues, even though Libya’s east (represented by Benghazi) largely controls physical oil.

:A day before mercenary boss Yevgeny Prigozhin's plane crash, a Russian official visited Libya to reassure allies that fighters from the Wagner Group would remain in the country - but under Moscow's control. The military meeting, which followed an aborted mutiny by Prigozhin and Wagner forces against Russian President Vladimir Putin in June, was a sign that Moscow does not mean to relinquish the global network the mercenary group built up. In Africa, Wagner may stay more or less intact under new management or be subsumed by another Russian mercenary group. In countries where Wagner operates through an official agreement with Moscow, analysts do not expect much to change - for now. But as Wagner was there through a state-level agreement with Russia, "nothing will affect the presence of these instructors" he said.

The topic of free zones arose following the workshop on free zones held in Tunis last week (August 16-18) for the Libyan (Tripoli) Ministry of Economy and Trade’s team working on its Free Zone Strategy headed by al-Gatati. The free zones project has also been delayed due to government bureaucracy despite serious attempts to support the existing free zones, especially the Misrata Free Zone and Benghazi’s Elmreisa Free Zone. Several Free zones considered across LibyaIn this regard, Undersecretary Al-Gatati told Libya Herald that the action plan prepared by the Ministry of Economy is to activate the establishment of free zones in many Libyan cities, including Zintan and Tamanhint in the Libyan south, and border free zones with Egypt, Tunisia and Algeria, as well as other free zones in several Libyan regions. Libya behind in establishing free zonesAl-Gatati added, “Although the project of establishing free zones in Libya is not something new, and thinking about establishing them began since 2000, Libya still has not gone beyond the first steps in establishing free zones compared to other countries in the world, including Arab countries. Expertise France holds workshop on free zones for Economy Ministry (libyaherald.com)Libya and Tunisia sign MoUs on exhibitions and integration between commercial free zones (libyaherald.com)A workshop on free zones organized by Expertise France was held in Tunis 21 to 22 February (libyaherald.com)Ministry of Economy and Trade discusses mechanism of activating transit trade, free zones and Africa Transport and Transit Trade Forum (libyaherald.com)China’s Huawei makes presentation on e-gates to Misrata Free Zones (libyaherald.com)The International Forum & Exhibition for Free Zones – Misrata: 28 to 29 June at Misrata Free Zone (libyaherald.com)Activation of Elmreisa and Kufra Free Zones discussed (libyaherald.com)NOC discusses investment in Elmreisa and Kufra Free zones (libyaherald.com)Free, economic and logistics zones, and transit trade to be activated in south (libyaherald.com)Britain ready to provide strategic support in renewable energies, free zones and transit trade (libyaherald.com)

In the Libya case, he is charged with illegal campaign financing, embezzling, passive corruption and related counts. Sarkozy has been under investigation in the Libya case since 2013. Investigators examined claims that Mr Gaddafi’s government secretly gave Sarkozy 50 million euro (£42 million) for his winning 2007 campaign. After becoming president in 2007, Sarkozy welcomed Mr Gaddafi to France with high honours later that year. In an unrelated case, Sarkozy was sentenced to a year under house arrest for illegal campaign financing of his unsuccessful 2012 re-election bid.

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