What are the political problems in Libya?
The Libyian currency is pegged to the US dollar due to the USD being used as the global reserve currency.
When a currency is used as a reserve, a foreign state must use it as the medium of exchange on international markets.
As the USD is printed through the process of quantitative easing by the Federal Reserve (for the purpose of lowering interest rates, and monetizing debts), countries which need the USD to make international purchases must also print their currency in order to purchase all of the new US dollars to maintain the currency peg. As they print, the value of their currency declines resulting in rising asset prices (inflation).
As the cost of goods rises, people with low wages can no longer afford to buy basic materials, and their standard of living falls severley, resulting in civil unrest.
What does Libya celebrate in December?
There are no Libyan holidays celebrated in December. However, it is possible that one of the lunar holidays could be in December as they are determined by the Lunar calendar. These holidays are The Day of Arafa and Eid-Ul-Adha.
Has the UN ever intervened in a conflict involving Libya?
YES. One of the more famous interventions was UNASOG, which was a UN Peacekeeping Operation established to verify the withdrawal of the Libyan administration and forces from the Aouzou Strip in accordance with the decision of the International Court of Justice. UNASOG was disbanded after Chad and Libya both declared the Libyan withdrawal to have completed.
The toppling of Muammar Qadhafi in 2011 was a NATO operation and did not come under the purview of the United Nations.
How many people live in Tripoli the capital of Libya?
The July 2008 estimate shows Libya's population is 6,173,579. The 2006 census showed the population of Libya was 5,670,688. But the 2010 estimate was at 5,766,000 people.
How long did Muammar Gaddafi rule Libya?
As of the date of his murder in October 2011, Muammar Gaddafi had been in power in Libya for 42 years.
What events caused the United Nations to impose sanctions on Libya in 1992-93?
The UN threatened Libya with sanctions in order to compel the surrender of intelligence agents associated with the Lockerbie and French airliner bombings.
Shortly after, Libya agreed to hand over the suspects ifthey were tried in a neutral country. The UK rejected these terms, and the UN imposed sanctions. Nine years later, it was greed they would be tried in a neutral court under Scottish law.
How long has president gaddafi been president in Lybia?
this year, it will be 42 years since he has been President of Libya
Reagan ordered the bombing of Tripoli after the CIA determined that Libyan secret forces bombed a night club in West Berlin.
The bombing was the most direct action the U.S. had taken against Libya, but not the first. The U.S. Navy had been engaging Libyan planes and ships in the Mediterranean Sea since 1981 in waters that Libya claimed and the U.S. disputed as international waters.
It is important to note that Gaddhafi, the leader of Libya, was viewed with deep suspicion much in the same way that Saddam Hussein and now Ahmadenajad. All made the same "death to America" saber-rattling speeches.
It may be deduced, if it is not accurate, to say that the 1986 bombing of Tripoli lead to the 1988 bombing of Pan Am flight 103 by Libya.
Is Libya a limited or unlimited government?
This question is rather difficult to answer since, as of 2016, Libya is in the midst of a civil war. However, the last stable government in Libya was the government led by the Caudillo Qadhafi. That was certainly an UNLIMITED GOVERNMENT; there was no rule of law when applied to Qadhafi or those he deigned to support.
How much is shipping cost of a sedan car from Netherlands to Libya?
Get a quote from at least 3 Netherlands transport companies that specialises in transporting/exporting to Libya.
What are similarities between the American Civil War and the libyan Civil War?
They both have the same people living in the same country fighting against each other. That is why it is called a Civil War.
What are some important things about Libya in northern Africa?
It is mostly arid desert and it has the largest oil deposits in Africa.
Where you can study CMA in libya?
You can study CMA in Libya at TEAM Internationalwww.team-int.com
specialized in CPA - CMA - CFA - CIA - PHR/SPHR and other courses...
Who were the original settlers of Libya?
dont call me an imbisule i asked that question and just so u know i dont know anything about libya and i am finishing up a report about it after only 2 hours when it took my other classmates weeks
Was the F-15 eagle in Libya shot down?
No. The F-15 eagle was not shot down by any AA Missile launchers(anti-aircraft missile launchers). It crashed in Libya but no pilots were killed. The pilots of the F-15 eagle ejected from the aircraft by jumping out of the plane with the parachute behind them. Somehow they managed to land safely on the ground.
Gadafi - "we shot down one of the planes!"
Allied Forces - "The plane had engine problems!"
Aircraft's are some of the most advanced technology and they often don't crash but when it comes to the military testing and pushing the technology to the brink they can run into problems. So if you know aircraft's you can find very in-demand jobs!
They are located in the gulf coast. :)..... your welcoeme
When did Libya gain its independence?
1951 December 24
The Allies took control of Libya from Italian and German forces in 1943 during World War II, and Britain and France occupied the country until 1951. Libya had been an Italian colony since 1912.
* During Gaddafi's regime the official "independence day" was the 1st of September 1969 (date of his coup). Now, it's officially on the 24th of December 1951.
Gained independence in 1951