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How to Profit From Libya's Oil Rebirth
Friday, January 6, 2012 - 1:25pm | 801When political violence started in Libya in February 2011, it wasn't surprising to see oil production there drop. The surprise may have come in the form of how much Libyan output was lost in the months leading up to the overthrow of now deceased dictator Muammar Qaddafi. Prior to the start of...
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Qadafi Says "Crusader War" Could Happen
Thursday, March 31, 2011 - 1:19pm | 168According to a tweet from Breaking News, Muammar Qaddafi has warned on the country's state television network that continued air strikes from the coalition could lead to a 'a real crusader war.' In an article from Al-Jazeera, Qaddafi is quoted as saying, "If they continue, the world will enter...
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Qadaffi Says "Hell" Awaits Those Who Attack Libya
Friday, March 18, 2011 - 7:48am | 48Muammar Qaddafi made a comment that "Hell" will await anyone who attacks Libya. Yesterday, the United Nations approved a "no-fly zone" over Libya by a vote of 10-0, with 5 votes abstaining. A "No-fly zone" is essentially seen as an act of war.
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Obama Considers Intervention In Libya As Attacks Continue (OIL)
Friday, March 4, 2011 - 11:36am | 411The United States is considering military intervention of a no fly zone, as refugee camps have been formed in Tunisia after tens of thousands of people have fled the violence in Libya. Libya braced for "Friday of Freedom" protests both in Tripoli, the capitol of Libya, and elsewhere across the...
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President Obama: Qadafi Must Leave
Thursday, March 3, 2011 - 2:28pm | 56President Barack Obama just gave a speech in front of the speech scathing Muammar Qadafi, the embattled Libyan leader, and said he must leave. Obama said that Qadafi has "lost legitimacy and must leave." Obama said that he is outraged against the violence happening in the country. He's approved...
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Fierce Fighting Continues in Libya as U.S. Considers Intervention
Tuesday, March 1, 2011 - 2:28pm | 550Government opponents in Libya successfully defended an attempt by Qaddafi loyalists to retake the city of Az-Zawiyah, a city close to the Qaddafi-controlled city of Tripoli. Fighting lasted for six hours overnight, according to Al-Jazeera. Meanwhile, the United States weighed options for...