Libya’s long-standing status quo is finally seeing its first potential shake-up in years, which could have major repercussions for the country’s future.
For months, it seemed like BGN had been pushed out of Libya. However, according to multiple industry sources, the Swiss-based crude trader is still operating through a network of aligned entities designed to reduce visibility.
The Trump administration’s decision to designate key Muslim Brotherhood chapters as terrorist organisations is not just another sanctions move. It marks a structural shift in how Washington approaches political Islam, and more importantly, how it intends to use that framework as a geopolitical tool.
Belqasim's Development and Reconstruction Fund is one of Libya’s largest state-backed development funds, but its expanding budget and opaque financial practices are damaging the economy and raising serious questions about its reliability as an international partner.
Just two years ago, the Libyan National Army (LNA) was widely treated as an international pariah. Western capitals explored ways to weaken it and diplomatic engagement was limited.
Today, that picture looks increasingly outdated.
Libya’s dinar crisis is not a dollar shortage. It is the product of fiscal expansion, subsidy distortions and a widening gap between official and parallel markets. This piece breaks down the data behind the arbitrage machine shaping Libya’s FX trajectory.
The country has been operating with separate and conflicting budgets for years, but a recent U.S. push is getting closer to achieving what many thought impossible.
