Of Tanks and Banks: Stopping a Dangerous Escalation in Libya

Link

An under-reported banking crisis threatens to exacerbate deadly fighting in Tripoli, ignite a protracted resource war and deepen the country’s east-west divide.

  • ICG

A way out requires agreeing to a ceasefire in Tripoli and ending the four-year split between the Central Bank’s rival branches.

What’s new? 

A neglected banking crisis in Libya is coming to a head just as forces under Field Marshal Khalifa Haftar are trying to capture Tripoli.

A protracted conflict will hinder efforts to reunify the divided banking system, fuelling prospects of a financial implosion and economic war alongside the…

Leave a Reply

Your email address will not be published. Required fields are marked *

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.