Muammar Gaddafi News

Abdel-Magid Breish, the chairman of Libya's $66 billion sovereign wealth fund, said it planned to hire external companies to manage about $11 billion of its assets under a restructuring plan.

Metropolitan Police Commissioner, Sir Bernard Hogan-Howe attends a remembrance service to mark the 30th anniversary of the killing of British police officer Yvonne Fletcher in St James's Square in central London.

Libya plans to limit the costly subsidies its citizens enjoy when buying motor fuel - much of which is smuggled into Tunisia for resale at higher prices - by introducing a "smart card" system like one newly implemented in neighbouring Egypt.

Libyan militias from towns throughout the country's west parade through Tripoli, Libya, on February 14, 2012.

A member of security stands outside the Jordanian embassy in the Libyan capital after gunmen traveling in two cars on April 15, 2014 abducted the Jordanian ambassador to Tripoli.

Libya's sovereign wealth fund has filed a bribery case against French bank Socit Gnrale, adding to its $1 billion lawsuit against Goldman Sachs.

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The trial of former Libyan officials, including Saif al-Islam al-Gaddafi, risks descending into a farce after the court ordered today that he and six other defendants be tried via video link, said Amnesty International.

Misrata's 'miracle': One of the worst-damaged cities in Libya's 2011 revolution, the port has become a symbol of ambition and recovery - but how much of its success is based on the ruthless bullying of regional rivals? Businessmen confer in shimmering hotel lobbies, a brand new mall is packed with shoppers and manicured trees line public streets.

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Masked gunmen seized the Jordanian ambassador in the Libyan capital on Tuesday, officials said, the latest in a wave of abductions and kidnappings that have swept Libya underscoring the lawlessness in the North African nation since the 2011 overthrow of late dictator Moammar Gadhafi.

That's what I asked a spokesman for U.S. Africa Command . "I am surprised by your mentioning the Canary Islands," he responded by email.

Rebels under Ibrahim Jathran, a former anti-Gadhafi rebel who seized the port and two others with thousands of his men in August, stand guard at the entrance of the Es Sider export terminal in Ras Lanuf March 8, 2014.

Last week, I sat down with two sides of an ongoing conflict in Libya -one that has involved a mysterious ship filled with more than $30 million worth of crude oil, a U.S. Navy SEALs raid , nervous American oil companies, a dramatic battle at sea between rival militias, and traditional political negotiations.

By early afternoon in Europe, benchmark U.S. crude for May delivery was down 11 cents to $103.63 a barrel in electronic trading on the New York Mercantile Exchange.

The man accused of killing three people in attacks at a Jewish community center and Jewish retirement complex near Kansas City is a well-known white supremacist and former Ku Klux Klan leader who was once the... The man accused of killing three people in attacks at a Jewish community center and Jewish retirement complex near Kansas City is a ... (more)

A Libyan judge in the trial of former regime officials decided Monday that Moammar Gadhafi's son, held by a militia in the country's west, can be tried in the proceedings via a video link.

Officials of Moammar Gadhafi's government sit behind bars during a hearing at a courtroom in Tripoli on April 14, 2014.

TRIPOLI: The war crimes trial of two sons of Libya's former dictator, Muammar Gaddafi, begins amid tight security in Tripoli today, in a case causing sensation at home and controversy among rights groups.

Libya's government says the interim prime minister has declined a parliamentary mandate to form a new government and will instead step down.