The economic history of Libya
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The history in general of Libya
- Libya: Embargo costs $5 billion
- By Deirdre Griswold, Workers
World, 16 April 1998. Libya’s industry has
lost more than $5 billion since 1992 as a result of the
UN-imposed embargo. Factory assembly lines stopped for
lack of supplies of raw materials, there are fewer locally
made products, and Libyans have had to pay more for
imported goods. London and Washington have led the embargo
effort.
- Economic Exploitation Of Household
Waste
- PANA, 11 October 1999. Libya is regarded as the only
north African country to have initiated economic
exploitation of household waste into organic fertiliser
with the building of five waste recycling plants in the
suburbs of Tripoli. Libya has encouraged the setting up of
waste processing and recycling companies. Among the
current companies are the Paper Processing and the Scrap
Iron Processing Companies.