Wednesday, March 2, 2011

Libya spending oil money

In the span of a few years, Libyas in the financial tendrils
have reached across oceans, across borders an across continents.

The United States, the United Kingdom, Switzerland and the European Union
recently moved to freeze billions of dollards of assets belonging to libya´s
goverment and its leader Moammar Gadhafi and his family, as the violence
and chaos spread across the country.

Libya shares little about its financial dealings, but there are mome things we
do know about the types of assets that were libya has invested its oil-rich wealth.

trhought various financial institutions.
Libya has spread its wealth across at
least 35 nations on four continents.And publishing companies in Britian
to hotels in the middle East, to a small
stake i Italy´s Juventus futball franchise.

All that comes on top of the billions of dollards that libya has socked away in the
United States´ largest and most influential investment banks.

Opinion:
I think that Gaddafi is a thief because he is the principal
of this theft. And also this oil of from USA an Lybia doesn´t
have to take it with the millions of dollards.

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