Report: Libya's oil-based economy ripe for corruption

Report: Libya's oil-based economy ripe for corruption Tripoli, Libya (UPI) Mar 31, 2016 - Though the fundamentals of the oil-based economy remain weak, the United Nations and Western leaders expressed support for prosperity in Libya. Members of a U.N.-backed national administration arrived in Tripoli amid a tense security situation in war-torn Libya. Formed under a peace agreement brokered by the United Nations last year, special U.N. envoy Martin Kobler said the Tripoli mov ... more

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