Word: gaddafis
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Tuesday in Libya was slated to be a blowout party for Colonel Muammar Gaddafi, to mark the 40th anniversary of the bloodless coup that brought him to power. And it might have been, had the world's longest-serving ruler not been wrangling for nearly two weeks with British and U.S. officials over the rapturous homecoming of convicted Lockerbie bomber Abdel Basset Ali al-Megrahi after his release from a Scottish prison...
...correspondence, Justice Minister Straw didn't specifically mention Libya's oil wealth. But the importance of maintaining Britain's good ties with Gaddafi is clear in the letters, as when Straw explained why he chose not to exclude al-Megrahi from a prisoner-transfer agreement between Britain and Libya that was signed in November 2008. "I do not believe it is necessary, or sensible, to risk damaging our wide ranging and beneficial relationship with Libya," he wrote, before signing off, "Yours, Jack...
...MUAMMAR GADDAFI Libya 40 years The world's third-longest-serving current head of state has called for an end to term limits for all African leaders...
...Libya's Soviet-era military equipment is also in bad need of an overhaul, and France, Britain and Russia are all vying for multi-billion-dollar defense contracts. "Libya can offer a lot of investment opportunities," Zainy said. "There is construction, there is trade." (Read: "French Defense Execs Woo Gaddafi...
...Relations with London have also warmed. In 2007, former British Prime Minister Tony Blair held talks with Gaddafi in the Libyan leader's tent in Tripoli. Soon after, BP officials signed a $900-million exploration deal with Libya's state-run National Oil Company; BP believes the deal could ultimately earn it about $15 billion in oil revenues. But Blair has denied that there was ever a link between the deal and the release, telling CNN on Saturday that he didn't have the power to arrange Megrahi's release. "I wasn't in a position...