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Banque du Liban asks banks to recapitalize

Lebanon's central bank issued a circular Thursday asking banks to recapitalize as part of reviving the banking sector which has been badly hit by the financial meltdown. The circular said banks must urge depositors who transferred more than $500,000 abroad as of July 1, 2017 to deposit...

Questions loom over Haftar’s legal defense in US court

As a renegade Libyan general seeks to stave off a pair of civil lawsuits in a US court accusing him of responsibility for mass atrocities, he has chosen a risky legal defense, claiming he is immune from legal action under his alleged status as Libya's head of state.  Khalifa Haftar is...

Gold-hunting diggers destroy Sudan's priceless past

When a team of archaeologists deep in the deserts of Sudan arrived at the ancient site of Jabal Maragha last month, they thought they were lost. The site had vanished. But they hadn't made a mistake. In fact, gold-hunters with giant diggers had destroyed almost all sign of the two...