Political Risk

In Libya, trying to make one government out of two

“Libya finds itself today in the odd position of having two rival governments, each of them vying for international legitimacy and dwindling resources as the North African nation slips deeper into civil war. The country has two central banks, two national oil companies, and three anti-corruption commissions. British courts are now mulling which of the two Libyan investment chairmen has authority over the country’s $67 billion sovereign wealth fund.”

Source: In Libya, trying to make one government out of two – The Washington Post

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