News – Page 51 – libyawire.org

DAVOS, SWITZERLAND - JANUARY 21: U.S. President Donald Trump gives a speech at the World Economic Forum (WEF) on January 21, 2026 in Davos, Switzerland. The annual meeting of political and business leaders comes amid rising tensions between the United States and Europe over a range of issues, including Trump's vow to acquire Greenland, a semi-autonomous Danish territory. (Photo by Chip Somodevilla/Getty Images)

Economy

Trump: We will raise tariffs on South Korea.. and Seoul comments.

The U.S. President stated he would increase tariffs on imports from South Korea related to automobiles, timber, and pharmaceuticals to 25%, criticizing the legislative body in Seoul for not...

Flags of The Group of Seven (G7) is an intergovernmental political forum consisting of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States; additionally, the European Union; Shutterstock ID 2367924817; purchase_order: aj; job: ; client: ; other:

Economy

G7 to discuss rare minerals and support for Ukraine at upcoming meeting.

G7 countries will hold the first meeting of finance ministers under the French presidency on Tuesday, with a focus on securing strategic raw material supplies and continuing support for...

Economy

China opens its arms to America’s allies harmed by Trump’s confrontational policies.

As China moves to open its arms to US allies affected by the confrontational policy of American President Donald Trump, the Chinese President Xi Jinping affirmed his country’s welcome...

Economy

Truck drivers in the Balkans block border crossings with Europe in protest against Schengen.

Hundreds of truck drivers across the Balkans began blocking several freight crossings leading to the European Union on Monday, protesting a visa system that limits their length of stay...

Economy

Former Minister Reveals Surprise: 200 Billion Dinars Outside Central Bank Accounts… Tracking System Will Uncover Hidden Truth

The former Minister of Finance and Economy stated that the gap between actual oil revenues and the amount actually transferred to the Central Bank of Libya during the years...

Economy

Economic expert: Currency reservation mechanism may ease pressure on the parallel market… but it is futile without this condition!

The economic analyst confirmed that the mechanism for reserving foreign currency, which is being activated, represents a regulatory step that could help curb parallel market activity, but it will...

Economy

New statements from MP Badr Al-Nahib regarding the proposed production and consumption tax and its objective.

The head of the Economy Committee in the House of Representatives stated that the proposed production and consumption tax, ranging between 2% and 35%, came with direct support from...

Economy

New drop for the dollar and rise for the euro and pound.. Foreign currency exchange rates in the official market (January 27, 2026)

Exchange rates in Libya’s official market witnessed a decline for the US dollar and variation for a number of foreign currencies against the Libyan dinar on Tuesday, according to...

Economy

Turkey ready to play key role in Libya’s energy projects after 17-year pause.

The Minister of Oil and Gas stated that Turkey is well positioned to play a key role in the oil and gas bidding rounds launched by Libya for the...

Economy

Libyan and Saudi discussions on the Zuwara Refinery project

The Libya Africa Investment Portfolio and the National Oil Corporation held talks with a delegation from the Saudi company Ajyal for Petroleum and Energy to discuss the possibility of...