Chairman of the Libyan Presidential Council, Mohammed Al Menfi, addresses the UN General Assembly on Thursday. Photo: Mary Altaffer / AP
Chairman of the Libyan Presidential Council, Mohammed Al Menfi, addresses the UN General Assembly on Thursday. Photo: Mary Altaffer / AP
Chairman of the Libyan Presidential Council, Mohammed Al Menfi, addresses the UN General Assembly on Thursday. Photo: Mary Altaffer / AP
Chairman of the Libyan Presidential Council, Mohammed Al Menfi, addresses the UN General Assembly on Thursday. Photo: Mary Altaffer / AP

Crisis is pushing Libya to brink of civil war, says Menfi


James Reinl
  • English
  • Arabic

Libyan official Mohammed Al Menfi has urged the country's feuding politicians to work in the national interest and take part in elections in December or face the risk of a return to civil war.

Mr Al Menfi, Chairman of Libya’s Presidential Council, told the UN in New York that Libya was at a “fate-defining moment” after an eastern-based parliament this week withdrew its support from the country’s unity government.

“We are faced with serious challenges and quick-paced developments … which could, in turn, undermine the looming elections and bring us back to square one,” he told the gathering of world leaders.

Mr Al Menfi urged “leaders of relevant political and military institutions to facilitate reaching an agreement on effective guarantees to maintain the political process and conducting safe, transparent, fair elections, with results acceptable to all”.

Unless Libya’s politicians operate with a “spirit of compromise” by “placing the interest of the state above all”, they could send the country back into civil war.

“We either succeed in the democratic transition by means of fair, transparent elections … then move towards a sustained stability and prosperity, or we fail and relapse into division and armed conflict,” Mr Al Menfi said.

On Wednesday, eastern Libyan commander Khalifa Haftar paved the way to stand for president in the planned December 24 legislative and presidential election.

Field Marshal Haftar said he would step down from his military role for three months.

Libyan media said the move opened the way for him to run as a presidential candidate under a controversial new law.

National elections have been promoted as a way to end Libya’s decade-long crisis, but bitter arguments over legitimacy may unravel the months-long peace process.

The election was mandated last year by the Libyan Political Dialogue Forum, a UN-selected assembly that set a road map for peace in Libya through a unity government and a nationwide vote.

The Libyan Parliament passed a vote of no confidence in the unity government this week, another blow to UN-backed peace efforts.

Eighty-nine of the 113 members who attended the session in the eastern city of Tobruk voted to withdraw support from the Tripoli-based administration of interim Prime Minister Abdul Hamid Dbeibah.

The UN estimates there are more than 20,000 mercenaries, including Russians and Syrians, in Libya, and foreign troops, most of them Turkish.

At Eternity’s Gate

Director: Julian Schnabel

Starring: Willem Dafoe, Oscar Isaacs, Mads Mikkelsen

Three stars

Brief scores:

Huesca 0

Real Madrid 1

Bale 8'

Pros%20and%20cons%20of%20BNPL
%3Cp%3E%3Cstrong%3EPros%3C%2Fstrong%3E%0D%3C%2Fp%3E%0A%3Cul%3E%0A%3Cli%3EEasy%20to%20use%20and%20require%20less%20rigorous%20credit%20checks%20than%20traditional%20credit%20options%0D%3C%2Fli%3E%0A%3Cli%3EOffers%20the%20ability%20to%20spread%20the%20cost%20of%20purchases%20over%20time%2C%20often%20interest-free%0D%3C%2Fli%3E%0A%3Cli%3EConvenient%20and%20can%20be%20integrated%20directly%20into%20the%20checkout%20process%2C%20useful%20for%20online%20shopping%0D%3C%2Fli%3E%0A%3Cli%3EHelps%20facilitate%20cash%20flow%20planning%20when%20used%20wisely%0D%3C%2Fli%3E%0A%3C%2Ful%3E%0A%3Cp%3E%3Cstrong%3ECons%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cul%3E%0A%3Cli%3EThe%20ease%20of%20making%20purchases%20can%20lead%20to%20overspending%20and%20accumulation%20of%20debt%0D%3C%2Fli%3E%0A%3Cli%3EMissing%20payments%20can%20result%20in%20hefty%20fees%20and%2C%20in%20some%20cases%2C%20high%20interest%20rates%20after%20an%20initial%20interest-free%20period%0D%3C%2Fli%3E%0A%3Cli%3EFailure%20to%20make%20payments%20can%20impact%20credit%20score%20negatively%0D%3C%2Fli%3E%0A%3Cli%3ERefunds%20can%20be%20complicated%20and%20delayed%0D%3C%2Fli%3E%0A%3C%2Ful%3E%0A%3Cp%3E%3Cem%3ECourtesy%3A%20Carol%20Glynn%3C%2Fem%3E%3C%2Fp%3E%0A
Will the pound fall to parity with the dollar?

The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.

Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.

New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.

“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.

The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.

The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.

Bloomberg

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Miami Second round

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Halle Runner-up

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US Open Fourth round

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SCORES IN BRIEF

Lahore Qalandars 186 for 4 in 19.4 overs
(Sohail 100,Phil Salt 37 not out, Bilal Irshad 30, Josh Poysden 2-26)
bt Yorkshire Vikings 184 for 5 in 20 overs
(Jonathan Tattersall 36, Harry Brook 37, Gary Ballance 33, Adam Lyth 32, Shaheen Afridi 2-36).

Match info

Champions League quarter-final, first leg

Liverpool v Porto, Tuesday, 11pm (UAE)

Matches can be watched on BeIN Sports

RESULTS

5pm Maiden (PA) Dh70,000 (Dirt) 1,400m

Winner AF Nashrah, Tadhg O’Shea (jockey), Ernst Oertel (trainer)

5.30pm Maiden (PA) Dh70,000 (D) 1,400m

Winner Mutaqadim, Riccardo Iacopini, Ibrahim Al Hadhrami.

6pm Maiden (PA) Dh70,000 (D) 1,600m

Winner Hameem, Jose Santiago, Abdallah Al Hammadi.

6.30pm Maiden (PA) Dh70,000 (D) 1,600m

Winner AF Almomayaz, Sandro Paiva, Ali Rashid Al Raihe.

7pm Handicap (PA) Dh70,000 (D) 1,800m

Winner Dalil Al Carrere, Fernando Jara, Mohamed Daggash.

7.30pm Handicap (TB) Dh70,000 (D) 1,000m

Winner Lahmoom, Royston Ffrench, Salem bin Ghadayer.

8pm Handicap (PA) Dh70,000 (D) 1,000m

Winner Jayide Al Boraq, Bernardo Pinheiro, Khalifa Al Neyadi.

Dengue%20fever%20symptoms
%3Cp%3EHigh%20fever%20(40%C2%B0C%2F104%C2%B0F)%3Cbr%3ESevere%20headache%3Cbr%3EPain%20behind%20the%20eyes%3Cbr%3EMuscle%20and%20joint%20pains%3Cbr%3ENausea%3Cbr%3EVomiting%3Cbr%3ESwollen%20glands%3Cbr%3ERash%26nbsp%3B%3C%2Fp%3E%0A
Brief scores:

Manchester City 2

Gundogan 27', De Bruyne 85'

Crystal Palace 3

Schlupp 33', Townsend 35', Milivojevic 51' (pen)

Man of the Match: Andros Townsend (Crystal Palace)

The five pillars of Islam
Updated: September 23, 2021, 11:14 PM