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Wow That Was Fast! Libyan Rebels Have Already Established A New Central Bank Of Libya
The rebels in Libya are in the middle of a life or death civil war and Moammar Gadhafi is still in power and yet somehow the Libyan rebels have had enough time to establish a new Central Bank of Libya and form a new national oil company. Perhaps when this conflict is over those rebels can become time management consultants. They sure do get a lot done. What a skilled bunch of rebels – they can fight a war during the day and draw up a new central bank and a new national oil company at night without any outside help whatsoever. If only the rest of us were so versatile! But isn’t forming a central bank something that could be done after the civil war is over?
According to Bloomberg, the Transitional National Council has “designated the Central Bank of Benghazi as a monetary authority competent in monetary policies in Libya and the appointment of a governor to the Central Bank of Libya, with a temporary headquarters in Benghazi.” Apparently someone felt that it was very important to get pesky matters such as control of the banks and control of the money supply out of the way even before a new government is formed.
Of course it is probably safe to assume that the new Central Bank of Libya will be 100% owned and 100% controlled by the newly liberated people of Libya, isn’t it?
Most people don’t realize that the previous Central Bank of Libya was 100% state owned. The Read more…
World powers agree to set up contact group to map out Libya’s future
“Participants of the conference agreed to establish the Libya Contact Group,” said a statement issued by Mr Hague, who chaired Tuesday’s meeting of more than 35 countries plus the UN and Nato.
“Qatar has agreed to convene the first meeting of the group as soon as possible,” the statement said.
The group will provide “leadership and overall political direction to the international effort in close co-ordination with the UN (United Nations), AU (African Union), Arab League, OIC (Organisation of the Islamic Conference) and EU (European Union) to support Libya.”
The London conference was called to map out Libya’s future following the fighting between forces loyal to the country’s leader, Muammar Gaddafi, and rebels opposed to his four-decade rule.
Britain, France and the United States had launched military strikes on Libya ten days ago to Read more…
US NATO Commander Admits Al-Qaeda Linked To Libyan Rebels
Steve Watson
Infowars.com
March 29, 2011
A top ranking NATO Commander has admitted that intelligence has uncovered elements of “al qaeda” amongst Libyan rebel fighters currently receiving tactical military support from US and European led operations inside the country.
The admission serves as yet more confirmation that radical Islamic fundamentalists are part of the opposition groups attempting to oust the nationalist dictatorship of Muammar Gaddafi, with the help of the US and its NATO allies.
“We are examining very closely the content, composition, the personalities, who are the leaders of these opposition forces,” Admiral James Stavridis, NATO’s Supreme Allied Commander, Europe, and also the commander of U.S. European Command, said during testimony at the U.S. Senate.
“…we have seen flickers in the intelligence of potential al Qaeda, Hezbollah, we’ve seen different things.” Stavridis said, while adding that the rebels leadership appeared to be comprised also of “responsible men and women”.
Officials: Yemen a Bigger Security Threat Than Libya
WASHINGTON — As the United States spearheads the attack against Libyan leader Muammar Qadhafi’s military assets, key former officials said an even bigger threat to U.S. national security comes from Yemen, a country that hosts many militants and is now enmeshed in a civil uprising that is threatening to unseat U.S.-backed President Ali Abdullah Saleh (see GSN, Feb. 10).

(Mar. 28) - Protesters on Tuesday chant slogans during a demonstration calling for an end to Yemeni President Ali Abdullah Saleh's 32-year rule. Unrest in Yemen could threaten U.S. efforts to fight extremism in the country, key former officials said (Ahmad Gharabli/Getty Images).




Saleh has been a crucial American ally in combating al-Qaeda in the Arabian Peninsula, a group that chief U.S. counterterrorism analyst Michael Leiter recently called the “most significant risk to the U.S. homeland” and the most poised to successfully attack American cities (see GSN, Dec. 21, 2010). Former Homeland Security Secretary Michael Chertoff and government officials said the current instability in Yemen appears likely to threaten already strained U.S. counterterrorism efforts and could provide new opportunities for AQAP to launch attacks.
“From a security standpoint, our interest in what happens in Yemen is much more significant than our interest in Libya,” Chertoff told National Journal. “In Libya it’s a humanitarian issue — there’s some security issue, but really, Yemen is a critical issue.”
Saleh’s three-decade rule appears to be hanging by a thread, as reports late on Thursday suggested that Saleh could resign “within days,” which would, albeit belatedly, meet protesters’ demands that he step down immediately.
Facing a public outcry, Saleh already promised that he would not seek another term in 2013. With the recent violence, he had reportedly been trying to time his Read more…
Is the European Union on the brink of Collapse?

Foto: THOMAS BORBERG (arkivfoto)
A real risk of disintegration if the EU does not soon display solid internal and external cooperation.
Europe’s external divisions on Libya are as great as its internal divisions on the new Europact.
Over the past few days, EU countries have faced historically difficult decisions without being able to reach agreement.
The indecision has seriously questioned the determination that European countries are able to muster, both in NATO and in the European Union.
The countries seem to have reached agreement on handing over the responsibility for the Libya operation to NATO. The breakthrough has, however, come so late that credibility has already been lost.
For once, Denmark has stood out in a positive light by both sending fighter aircraft to Read more…
Nato takes over Libya no-fly zone
Nato has agreed to take command of enforcing the no-fly zone over Libya from the US.
But Secretary General Anders Fogh Rasmussen made clear that other aspects of the operation would remain in the hands of the current coalition for now.
Nato has been locked in dispute about whether to take charge of the mission to enforce a UN resolution.
It is believed there are differences of opinion whether attacks on ground troops should form part of the action.
Coalition raids on Libya are meanwhile continuing for a sixth consecutive night.
Mr Rasmussen has insisted there is no split on the military handover, saying Nato is still considering whether to take on the “broader responsibility”.
The handover of the no-fly mission could come as early as this weekend.
Mr Rasmussen said all Nato members had agreed to the move, including Turkey, which had expressed Read more…
Malaysia Seen as Possible WMD Transport Hub

Malaysian Home Minister Datuk Seri Hishammuddin Hussein on Monday said his country was probably used as a midshipment point for the illicit movement of WMD materials, The Star newspaper reported (see GSN, March 18).
“It is safe for me to say that Malaysia is likely being used as a transit point and not as a destination point for WMD,” Hishammuddin said.
Authorities in the Southeast Asian state last week announced they had seized two containers from a Malaysian-flagged ship that were filled with technology that could have applications in the building of nuclear weapons. Reports indicated the vessel was heading from China to Iran.
“It will take us some time to identify the equipment, what it can be used for and to Read more…



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