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Author: LS

Oil up as US crude stocks due to fall short of estimate

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Oil prices were up today as crude inventories in the US are expected to increase less than the market expectation last week.

International benchmark Brent crude was trading at $20.50 per barrel at 06:30 GMT on Wednesday with a 0.79% gain after closing Tuesday at $20.34 a barrel.

American benchmark West Texas Intermediate (WTI) was trading at $13.41 a barrel at the same time with an 8.67% jump after ending the previous day at $12.34 per barrel.

According to American Petroleum Institute (API) on Tuesday, US crude oil inventories for week ending April 24 anticipates an increase of 9.98 million barrels but the market expectation was a rise of 10.62 million barrels.

UN: expelling migrants violates Libya’s international human rights obligations

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Libya has illegally expelled at least 1,400 migrants and refugees this year, the UN human rights office says. The forced returns during the COVID-19 pandemic put migrants at risk of human rights violations and should be stopped, it says.

The United Nations Office of the High Commissioner for Human Rights, OHCHR, says it is “concerned” about the expulsions of hundreds of people this year from eastern Libya.

“The number that I have … from the start of the year (is) 1,400 migrants and refugees,” Jeremy Laurence, a spokesperson for the OHCHR, told a virtual briefing in Geneva.

“Such practices violate Libya’s international human rights obligations prohibiting refoulement (returning migrants to a country where they may face persecution) and collective expulsion,” he added.

Most of those expelled from Libya were sent to Sudan, Niger, Chad and Somalia, according to the OHCHR.

The Libyan government said this month it had “evacuated” 160 Sudanese migrants. According to OCHCR monitors, the migrants were deported without access to asylum or other protection needs, legal assistance or other safeguards.


Launch of African free trade deal postponed due to coronavirus

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The implementation of a mammoth African free trade agreement will not begin on July 1 as planned due to disruptions caused by the coronavirus outbreak, Wamkele Mene, Secretary-General of the African Continental Free Trade Area, said during a conference call on Tuesday.

The 55-nation continental free-trade zone would, if successful, create a $3.4 trillion economic bloc with 1.3 billion people across Africa and constitute the largest new trading bloc since the World Trade Organization formed in 1994.

Supreme Judiciary Council extends the suspension of work

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The Libyan Supreme Judiciary Council instructed courts to extend the suspension of work in courts, public prosecution offices and judicial bodies until the end of May, in the context of combating the outbreak of COVID-19.

Recently, the Head of the Supreme Judiciary Council, Justice Mohammed Al-Hafi, told the Presidential Council’s Head Fayez Al-Sarraj and the Governor of the Central Bank of Libya Al-Siddiq Al-Kabir in a letter that declaring a state of emergency gives exceptional legitimacy to the executive authorities that allow them to issue extraordinary orders and make exceptional decisions.

Second batch of stranded Libyans in Egypt on the way back home

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 The High Committee For Fighting Coronavirus said on Tuesday that the second batch of stranded citizens in Egypt is on its way back home.

It will be reminded that the Head of the Follow-up Committee for stranded citizens abroad, Undersecretary to the Ministry of Foreign Affairs, Mahmoud Talisi said that Libyan citizens stranded in Jordan, Spain and Malta have been quarantined, and the Libyan diplomatic missions in these countries have made a commitment to obtain permission for planes to operate in the safe return of Libyans to their homeland, despite the travel ban.

Libyan Audit Bureau: Public Institutions Must Coordinate With The High Committee For Fighting Coronavirus.

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The head of the Tripoli-based Audit Bureau, Khaled Shakshak noted that some public institutions are providing financial and in-kind support to help fighting Covid-19 pandemic without coordinating with the High Committee for Fighting Coronavirus.

This came in his address to the chairman and members of the presidential Council, the GNA’s ministers, the heads of public institutions and bodies, Company Directors and the state’s Institutions seeking public interests.

In a statement, the Libyan Audit Bureau warned against the dangerous effects of this kind of support such as the dual exchange rate and the mismanagement of funds.

Moreover, the Audit Bureau clarified that these donations could be spent on fictitious purchases, or used in pursuing personal interests.

Shakshak called for the necessity of warning all public officials and confirming the need to adhere to these expenditures in accordance with the law, and with the full coordination with the High Committee for Fighting Coronavirus.

A project to support 30 municipalities across Libya

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In a statement, USAID expressed its pride to partner with Libyan local governments and civil society in the framework of supporting the State’s minicipalities.

The USAID-funded Taqarib project will support up to 30 municipalities across all of Libya in order to improve the services that they provide to Libyan citizens.

Yesterday, Deputy Project Leader Hassanin Hamed talked about the Taqarib project and its approach in interviews with Nass FM and Do FM Radio.