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BREAKING NEWS

Panetta in Libya after UN lifts bank sanctions

By REUTERS
TRIPOLI - US Defense Secretary Leon Panetta arrived in Libya on Saturday where a weak interim government is struggling to assert control two months after the capture and killing of dictator Muammar Gaddafi.
The visit follows a decision by the United Nations Security Council on Friday to lift sanctions on Libya's central bank and a subsidiary, clearing the way for tens of billions of dollars they hold overseas to be unfrozen to ease an acute cash crisis.
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