Why Libya Lurches from One Crisis to The Next - News Summed Up

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Why Libya Lurches from One Crisis to The Next


A division emerged between the country’s wealthier west and the east that’s home to much of Libya’s oil production. Neither of Libya’s governments have managed to fully restore order in their territories or confiscate weapons looted during the overthrow of Qaddafi. As for European nations, Libya’s vast oil reserves -- Africa’s largest -- and its location just across the Mediterranean have given them a stake in the outcome. European governments appear most concerned with stopping Libya being used as a stepping-off point for African migrants trying to cross the Mediterranean. Libya’s oil reserves give it ample resources to pay for a national reconstruction effort, if only its political squabbles can be resolved.


Source: Libya Today September 29, 2022 04:27 UTC



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