from asiatimesonline......
"Expect local - and global - fireworks as far as grabbing the loot is concerned. Without even considering the (still unexplored) oil and gas wealth, Libya's foreign assets are worth at least $150 billion. Libya's central bank, now about to be privatized, has no less than 143.8 tons of gold. Then there's at least a millennium supply of fresh water, which had started to be harnessed by Gaddafi via the spectacular, multibillion dollar Great Man-Made River (GMR) project.
This is yet another solid answer to the question of why France has been so frantic to topple Gaddafi; French water companies are the world's largest, and the lure of privatizing a 1,000-year supply of fresh water is turning their executives, well, bubbly.
So as a vast, potentially very profitable new market for European companies, right at the other side of the Mediterranean, Libya is the genuine article, adding a whole new meaning to the humanitarian imperialist doctrine of R2P ("responsibility to protect"); an Asia Times Online reader has christened it "Right 2 Plunder"..............READ MORE
No comments:
Post a Comment