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UN Envoy: Libya on Verge of Economic Collapse

Libya is on the verge of economic collapse as rival factions haggle over a political settlement, the United Nations special envoy said on Thursday. Bernardino Leon, who has been trying for months to broker an agreement on a national unity government for Libya, said the United Nations was preparing a new draft of a possible political agreement which it hoped to give to the feuding parties in the first week of June. Two governments — one in the east, the other in Tripoli — are fighting...

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