AP - Europe and the United States are preparing to unfreeze billions of dollars in Libyan assets that will be crucial to the country's success after Moammar Gadhafi.
Submitted by Michael Snyder via The Economic Collapse blog,
Switzerland’s government has moved to freeze any assets in the country’s banks that might belong to Libyan leader Moammar Gadhafi, the Swiss Federal Department of Foreign Affairs said Thursday.
Libyan leader Col. Moammar Gadhafi, who holds increasing sway over the Italian economy, upset some Italians by urging conversion to Islam during a three-day visit to the home of Roman Catholicism.
[AP] - Oil prices hovered below $104 a barrel Tuesday in Asia as traders eyed gains by Libyan rebels seeking to topple Moammar Gadhafi and restart crude exports from the OPEC nation.
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