The situation will create a socio-economic crisis for Libya’s long-suffering population, one that could quickly turn violent given the rivalries still tearing the country apart
With reconstruction efforts affecting not only Derna but also other cities in Libya, Haftar and his sons want to show that the part they control is pacified
Outside of the stock market fibrillations, the fear is that Libya will run out of hydrocarbon revenues and that state coffers will be emptied, fostering instability and illicit economic activities
Arturo Varvelli on the economic-financial impact of new political tensions in Libya
If those sponsoring the Unsmil UN mission in Libya fail to take control and create space for a new political process, Libya will continue to disintegrate on every front
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