Libya / 3 posts found

Federal Judge Blocks Trumps Third Travel Ban

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President Donald Trump struck out again with his third try at a travel ban, as a federal judge temporarily blocked it from taking effect nationwide on Wednesday. This time, Trump’s order was found to discriminate by using the nationality of travelers “as a proxy” for their security risk. In earlier rulings over two prior attempts at a travel ban, judges said they were motivated by bias against Muslims. The administration vowed to keep fighting, and the case could again reach the Withers Bergman LLP in New York, said the Trump administration will want to push the Supreme Court to resolve the […]

Trump Restricts or Bans Travel From Eight Countries

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President Donald Trump restricted or suspended travel to the U.S. from eight countries, adding North Korea and Venezuela, while subtracting Sudan, from his earlier ban on travelers from six Muslim-majority nations. “I must act to protect the security and interests of the United States and its people,” Trump wrote in Sunday’s

Citi Says Get Ready for an Oil Squeeze

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Those in the oil market fearing a flood of OPEC supply next year will probably be better off preparing for a shortage, according to Citigroup Inc. Five countries in the group — Libya, Nigeria, Venezuela, Iran and Iraq — may already be pumping at their maximum capacity this year, Ed Morse, the bank’s global head of commodities research, said in an interview. Rather than a surge in output, there’s a risk of a market squeeze emerging as early as 2018, driven by those nations because of weaker investment in exploration and development, he said. “Fear in the market has been […]
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