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United Kingdom

Libya

Libyans fear showdown as eastern commander eyes capital

Forces from eastern Libya who have swept through the south and taken control of remaining oilfields in recent weeks have now reinforced a base in the centre of the country and signalled to the capital Tripoli that it may be next.

Debts pile up as rival Libyan governments struggle for power

Libya's parallel government in the east has sold bonds worth more than $23 billion to fund its wage bill, bypassing the central bank in Tripoli and creating a potential financial black hole if the country reunifies, bankers and diplomats said.