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Libya and Goldman Sachs ruling to be shortly

(Author: Libyan Gazette Editorial Staff) The ruling for the lawsuit that the Libyan Investment Authority (LIA) launched against US investment bank Goldman Sachs for allegedly setting up bad deals for the LIA will be announced on Friday. The LIA is suing Goldman Sachs for $1 billion and filed the lawsuit …

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GNA Forces Divide ISIS to Conquer Sirte

(Author: Libyan Gazette Editorial Staff) Forces loyal to the Libyan unity government based in Tripoli (GNA) said they were able to intercept and prevent three attempted car bombings by ISIS fighers in Sirte on Thursday. The Libyan soldiers, most of whom are from Misrata, have been in the process of …

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President Barack Obama Authorizes Air Strikes in Libya

(Author: Libyan Gazette Editorial Staff) The Libyan unity government in Tripoli (GNA) announced on Monday that the United States launched its first airstrikes on ISIS fighters in Sirte. Prime Minister Fayez Al-Sarraj said an aired speech, “the first American air strikes on precise positions of the Daesh (ISIS) organisation were …

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US Designates ISIS in Libya A “Foreign Terrorist Organization”

(Author: Libyan Gazette Editorial Staff)   On Thursday the US State Department designated Libya’s ISIS branch as a “foreign terrorist organization.” The US added the ISIS branches from Yemen, Saudi Arabia, and Libya to its global terrorism blacklist. The three ISIS branches were declared “specially designated global terrorists,” meaning that …

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