Consumer craze hits post-sanctions Libya
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Freed from sanctions, Libyans are rushing to the shops. Goods long denied are flying off the shelves as pro-market reforms and a petrodollar windfall combine to turn those with sufficient savings into compulsive consumers.
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LUXEMBOURG - The European Union on Monday ended 12 years of sanctions against Libya and eased an arms embargo to reward the North African country for giving up plans to develop weapons of mass destruction.    The decision by the EU foreign ministers brought the 25-nation bloc in line with a U.N...
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Lamps, birthday candles, mouse traps and flip-flops. Such is the stuff that binds the modern American family to the global economy, author Sara Bongiorni discovers during a year of boycotting anything made in China.
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Washington, Sept. 21 (NNN): As a reward for the countryâs decision to give up weapons of mass destruction (WMDs), US President George Walker Bush has lifted his country&#39;s trade embargo on Libya.
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The British government welcomed the lifting of remaining US economic sanctions on Libya, saying it had played a role in the process by encouraging Tripoli to abandon its weapons of mass destruction.
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A new mobile phone network is launched in Libya, bringing competition to the sector for the first time.
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As Libya marks the 38th anniversary on Saturday of the coup that brought Moamer Kadhafi to power, the usual glowing tributes come with a new spirit of press freedom and anti-government criticism.
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Conspicuous consumption is back at Art Basel Miami Beach, where young hedge-fund managers, Fortune 500 executives and A-list actors are shopping side by side.
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MooShoes is one in an expanding roster of shops catering to people have banned animal products from their diets and, often, their wardrobes as well.
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Moammar Gadhafi attempts to boost Libya's oil and gas output by bringing back a group of majors.
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HAVING led his country back into the international mainstream after renouncing ambitions to build weapons of mass destruction, Libyan leader Moamer Ghadhafi is now being immortalised by a leading British opera ...
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Since dismantling its weapons programs, Libya has been embraced by the West. Thursday saw Germany&#39;s chancellor begin a two-day visit intended to strengthen economic ties between the countries.
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Libya withdraws $1bn of unfrozen assets from the US after a trade embargo is lifted as a reward for giving up weapons of mass destruction.
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PARIS, Dec 31 (IPS) - The re-emergence of Libyan leader Muammar Gaddafi  into the diplomatic good graces of Europe has met with a  decidedly mixed response, even in some of the governments  ostensibly courting his favour.
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TRIPOLI, September 21 (IslamOnline.net &amp; News Agencies) - Libya has welcomed Washington&#39;s lifting of most of the economic sanctions slapped on Tripoli because of US charges of sponsoring terrorism, saying it was in the interest of both countries.
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According to anba: Five Arab countries are among the 30 main buyers of Brazilian agribusiness products. Saudi Arabia, Algeria, Egypt, the United Arab Emirates and Morocco, together, answered to almost 5.5% of revenues generated by sector foreign sales, which totalled US$ 43.6 billion last year.
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In a country whose peasant army once marched on flip-flops cut from old tires, Gucci beach sandals priced at $365 can come as a shock.