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pinboy3niner
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Fri Mar-04-11 11:12 PM Response to Original message |
| 20. More on that shipload of Libyan cash "escorted into a British port" yesterday... |
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More on that shipload of Libyan cash "escorted into a British port" yesterday... Some US$162million-worth of Libyan dinars was seized by officials after warning the ship's owners that the cash was subject to UN sanctions, reports The Independent. The London-based newspaper notes that, with revenue from oil and gas exports drying up, Gaddafi's administration "is increasingly desperate for new currency to meet its costs". The Brits last week reportedly pulled off a "go-slow" operation, delaying the export of some US$1.4billion-worth of Libyan cash - printed by a specialist currency printing firm in Gateshead, north-east England - until a control order banning the export of any Libyan currency came into force on Sunday. http://blogs.aljazeera.net/live/africa/live-blog-libya-march-5  |
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