Word: libya
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China's huge appetite is making some foreign governments nervous. Australia blocked the Minmetals deal with Oz, citing national security, forcing the Chinese firm to revise the offer to exclude a valuable gold and copper mine. And Libya exercised its option to buy Venerex Energy, a producer based in Calgary, Canada, whose biggest asset is an oil and gas field 100 miles (160 km) southwest of Tripoli. That thwarted a $390 million bid that China National Petroleum Corp. had made to acquire Venerex. Beijing hasn't done itself any favors either. It blocked--on antitrust grounds that analysts considered flimsy...
...LIBYA...
...Libya Tragedy on the High Seas In one of the worst such accidents on record, more than 200 people attempting to illegally enter Europe drowned when their boat capsized in the Mediterranean. The vessel was one of at least two that left from Libya and encountered bad weather. It was most likely bound for the Italian island of Lampedusa; more than 30,000 migrants arrive there from Africa every year, according to the International Organization for Migration...
...Just as the U.S. learned, other states, too, must realize that they cannot selectively apply the law. For example, the African Union, the Group of 77, and the Arab League all oppose the impending indictment of Sudan’s president. But a country like Libya, whose president heads the African Union, cannot object to the impending ICC indictment without diminishing the already difficult case of the Palestinian Authority, one to which it is more sympathetic. And Russia, which voted for Security Council Resolution 1593, cannot now ignore the arrest warrant simply because it disputes the results of the investigation...
RELEASED Sentenced in 2004 to house arrest for selling nuclear secrets to Iran, Libya and North Korea, A.Q. Khan, 72, was released by a Pakistan high court on Feb. 6. Owing to lack of evidence, he was never charged and is unlikely to be indicted...