By Tim Eaton, for the Royal Institute for International Affairs (Chatham House). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Libya Business News. Will Biden apply pressure on those intervening in Libya? Although the contrast between the Obama and Trump administrations is stark, the contrast between their […]
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Obama Criticises Cameron, Sarkozy, over Libya Intervention
By John Lee. David Cameron became "distracted" after the 2011 intervention in Libya, US President Barack Obama has told the Atlantic magazine. He said the operation went as well as he had hoped, but Libya was now "a mess". "There's room for criticism ... because I had more faith in the Europeans, given Libya's proximity, […]
Obama on Libya: West should have done More
US President Barack Obama has said the international community should have done more to prevent a leadership vacuum in Libya. Speaking to the United Nations General Assembly on Monday, he said the international community must work harder in future to ensure states do not implode. "Even as we helped the Libyan people bring an end […]
Obama oil margin plan could increase price swings
President Barack Obama's bid to dampen the influence of oil speculators by having regulators set trading margins could backfire, potentially making prices even more volatile and leaving crude dominated only by those with the deepest pockets. Under Obama's request to Congress, the Commodity Futures Trading Commission (CFTC) would determine how much speculators need to pay […]