Word: libya
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...auditorium of Tripoli's Corinthia Hotel, a number of Libyan officials sit onstage in dark suits and ties, addressing scores of Western executives in flawless English about the country's new business opportunities. A few feet away is a huge portrait of the most famous face in Libya, Muammar Gaddafi, in his trademark African robe and sunglasses, fist in the air, a defiant look on his face, as if to say to the roomful of businessmen: I still run things around here. But the businessmen don't seem to notice. Instead they are transfixed by a tall young man with...
...Maka, it is still too early to return to her store. She has spread a blanket on the ground under a market stall displaying her okra and onions. She has three young children and has lived her whole life in Tawila, but her husband works in Libya and she is determined to leave. "I cannot live here anymore," she says, "I am shamed. Will my husband want me when he returns?" For Maka, the question needs no answer. She says she will gather her children and cross the desert footpaths to Al Fashir...
...recompensed, other countries will not follow our example." MUAMMAR GADDAFI, leader of Libya, on how his country had not been adequately rewarded for pledging to renounce its weapons programs and how that might affect Iran's and North Korea's decisions to follow suit...
Over the past year, delegations of American oil executives have flown regularly to the Essider terminal and to Waha's desert oil fields, trying to discern how to re-enter Libya. Under a 1986 standstill agreement, the fields are still partly the property of the American oil companies, though they have been operated by the Libyan government. Diplomats in Tripoli and Waha workers say negotiations have bogged down, with the American oil companies demanding a controlling stake in the operations, in return for investing billions. That prospect is met in the oil fields with a mixed response. "Before...
...question facing businessmen across Libya as the prospect of a full-force American return to the country builds. Back in Tripoli, Seif Gaddafi says the conundrum is "very classic," faced by countless developing countries. Then, as with most problems, he finds a reason to dismiss this one. "The story of Libya is different," he says. "We have a strong leadership--that is obvious." And thanks to $20 billion in foreign reserves from the country's existing oil business, Seif goes on, "we don't lack cash. We don't need capital." But Libya does need modern technological know...