France eyes Libya deals after unfreezing $2 billion assets
PARIS (Reuters) – France said on Monday it was ready to start releasing almost $2 billion in frozen assets belonging to Libya's sovereign wealth fund, as it looks to secure investment from the oil-producing nation. France's For eign Minister Laurent Fabius made the announcement during a visit to Tripoli, the latest in a series of high-level French political and business delegations to the OPEC member. France spearheaded efforts to oust Libyan leader Muammar Gaddafi last year and, as part of wide-ranging international sanctions, froze about $8-9 billion in assets held in France. …
China dodges politically sensitive questions at key congress
BEIJING (Reuters) – In 2007, a year before Beijing hosted the Olympics, Chin a's Communist rulers made a special effort at a five-yearly congress to show the world transparency and grant rare open access to foreign media. This year's conclave is however overshadowed by China's biggest political scandal in three decades enveloping former high-flyer Bo Xilai and a tricky leadership transition, and that effort has gone into reverse, at least as far as political policy is concerned. …
Monday, November 12, 2012
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