Libya

Located in Northern Africa; Libya is bordered by the Mediterranean Sea. The sovereign state is comprised of three historical regions. These are  Tripolitania, Fezzan and Cyrenaica. Libya is the 16th largest country worldwide and Africa’s fourth largest by population. Tripoli is the capital and largest city. Benghazi, in Eastern Libya, is the second largest. Italy invaded and inhabited Libya from 1911 to 1943 and finally became an independent kingdom in 1951.

Libya belongs to international groups including the  Arab League, the OIC and OPEC, and the United Nations. Libya’s legislature is a unicameral Council of Deputies. The former 200-seat legislature was the General National Congress. In 2012, parliamentary elections took place in Libya, which were the first free elections held in over 40 years in the country.

The Libyan economy is fueled by oil and gas exports and has struggled in the past few years as oil prices decrease.  The instability has helped create a shadow economy which contributes to the economy’s destabilization, inflation, and the weakness of the Libyan currency, the dinar.  Many governmental services are erratic, with power outages common due to a lack of fuel for power generation.  Living conditions in general have been in decline since 2011.

Islam is the primary religion in the country, with nearly 96 percent of inhabitants belonging to the religious denomination, and the Holy Quran is designated as the law of the society under the Proclamation of People's Authority. Egyptian code and precedent serve as the basis for the Libyan judiciary. The Libyan government is largely in transition and the court system is currently in flux.

Visitors to the National Law Review will find the latest content and news stories about Libya online. Cryptocurrency, international affairs, immigration, travel bans, and human rights issues, are among the topics visitors can read about online. News stories are updated regularly.

 

Custom text Title Organization
Aug
21
2015
U.N. Support Mission in Libya, World Health Organization and more: Africa Update for August 20, 2015 Mintz
Aug
14
2015
Africa Update for August 13, 2015 Mintz
Feb
3
2015
Geothermal Power in East Africa Covington & Burling LLP
Dec
18
2014
Are Chinese Companies Retooling in Africa? Covington & Burling LLP
Nov
13
2014
Common Market for Eastern and Southern Africa (COMESA) Merger Assessment Guidelines Clarify Jurisdictional Test and Notification Requirements McDermott Will & Emery
Nov
12
2014
Fighting Corruption to Achieve Security Covington & Burling LLP
Nov
2
2014
November 3 Is the Deadline for Entry Into the 2016 Diversity Visa Lottery Program Greenberg Traurig, LLP
Oct
3
2014
Africa Legal News Update - October 3, 2014 Mintz
Oct
3
2014
Investors in Africa Benefit from Regional Trading Blocs McDermott Will & Emery
Jun
26
2014
Recent Developments In European Union Sanctions Covington & Burling LLP
Jun
11
2013
State Department Issues Nuts and Bolts Guidance on Libya Sheppard, Mullin, Richter & Hampton LLP
Sep
20
2012
Libya Loses Court Battle Over Its Own ‘Libyan Embassy’ Trademark Ifrah Law
Oct
21
2011
What's next for Libya? Questions after Gadhafi's death Center for Public Integrity
Sep
19
2011
OFAC Settles Alleged Sanctions Violations for $88.3 million Sheppard, Mullin, Richter & Hampton LLP
Jul
19
2011
Trading Up: Newly Implemented North Korea and Libya Sanctions Sheppard, Mullin, Richter & Hampton LLP
Mar
18
2011
New Sanctions Block Continuing Performance Of Libyan Government Contracts In Addition To Targeting Col. Qadhafi's Assets Sheppard, Mullin, Richter & Hampton LLP
Mar
4
2011
ANALYSIS — U.S. Interests at Risk in Six Mideast Nations Center for Public Integrity
 

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