Libya Withdraws &#36;1 Billion Assets Frozen in U.S.
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The Libyan Central Bank has withdrawn &#36;1 billion of assets which had been frozen for almost two decades in the United States on Washington's orders, a Libyan central bank official said Wednesday.
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The U.S. government on Tuesday  ordered banks to freeze any assets of a Kuwaiti man U.S.  authorities believe is a senior al Qaeda operative.
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US President George W. Bush removed most economic sanctions on Libya, clearing the way for huge compensation payments to the families of victims of the 1988 Lockerbie bombing.
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Libyan diplomats can travel freely in the United States, the State Department said Friday, the latest sign of thawing relations between the longtime antagonists.
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President Bush on Monday formally  ended the broad U.S. trade embargo on Libya to reward it for  giving up weapons of mass destruction but left in place some  U.S. terrorism-related sanctions.
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BNP Paribas, the French bank, said it reopened two investment funds it had frozen amid problems in the subprime mortgage sector in the United States.
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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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The Bank of England is ordering a freeze on any assets belonging to a terrorist group that claimed responsibility for kidnapping and beheading two Americans and a Briton in Iraq, Treasury chief Gordon Brown said Thursday.
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The United States has been ordered to withdraw some of its support for producers of cotton and other commodities, according to a World Trade Organization report made public Wednesday.
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WASHINGTON - US Energy Secretary Spencer Abraham has been invited to visit Libya as an end of US sanctions gives American oil companies their first crack in 18 years to bid for leasing rights to the African nation&#39;s crude deposits.
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Switzerland on Wednesday returned to Taiwan 34 million dollars out of a total 520 million dollars (391 million euros) frozen in Swiss banks following a giant corruption scandal involving the sale of French frigates to Taipei.
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More than Â£1m worth of property belonging to a brother of an alleged IRA leader are frozen.
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The Bush administration moved Tuesday to block the assets of two Saudi men accused of providing support to Osama bin Laden's al-Qaida terror network, Adel Batterjee and Saad al-Faqih.
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Russia brushed aside an American court&#39;s attempt to halt the auction of the oil giant Yukos&#39; biggest production unit, but a consortium of international banks withdrew
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WASHINGTON: The US froze the assets of two Saudi nationals on Tuesday for allegedly providing support to al Qaeda, and asked the United Nations to take similar action.
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The EU called off its sanctions on &#36;4 billion worth of U.S. goods on Monday after Washington repealed illegal export tax subsidies, bringing some balm to transatlantic ties wounded by a battle over Airbus and Boeing.
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The United States on Tuesday froze  the assets of two Saudi nationals for allegedly providing  support to al Qaeda, and has asked the United Nations to take  similar action.