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LIBYA SECURITY/BUDGET
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January 07, 2015
A man receives bread after a long wait in a queue, in Benghazi, where the city is witnessing a difficult...
Benghazi, Libya
A man receives bread after a long wait in a queue, in Benghazi
A man receives bread after a long wait in a queue, in Benghazi, where the city is witnessing a difficult living conditions due to clashes January 3, 2015. The central bank is burning through its foreign reserves and many government services are being cut as Libya reels under the effects of a collapse in oil revenues caused by factional fighting that threatens to tear the country apart. With the oil price plunging and no sign of an end to hostilities, economic options are few. Experts say the bank, which is struggling to remain neutral amid the fighting, might have to devalue the currency sharply to meet the public payroll. Picture taken January 3, 2015. REUTERS/Esam Omran Al-Fetori (LIBYA - Tags: CIVIL UNREST POLITICS FOOD BUSINESS)
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