Thursday, March 15, 2012

Peace and prosperity just around the corner as Libya reopens stock exchange

They're celebrating this week from Tripoli to Benghazi. True, you can't walk to the market for fear of a militia shake-down or worse. There is no government. Everything except the oil sector is in ruins...

BUT THEY GOT THEIR GODAMN STOCK EXCHANGE UP AND RUNNING!

This good news comes via the BBC, a major anti-Gadaffi cheer-leader right next to Sarkozy, and we now know he had a few things to hide.

I'm a bit old-school on this kind of stuff. I don't believe "news" media should be cheer-leading one way or the other. But having cheered on the NATO rape of Libya, the droids at the BBC can't stop themselves from cheering more, hence this good news about the Libyan stock exchange.

Their source is one Ahmed Karhoud, who is apparently the general manager of the newly re-opened bourse. Here's what Ahmed has to say;

This opening sends a sign to the world that Libya is now a stable country where the economy is kicking off again. We still don't have a government but we have the infrastructure to become the financial hub for North Africa.


OK BBC, you're quoting a guy who admits Libya doesn't have a government but holds it out as the HQ for African finance?

And this is what passes for responsible news reporting these days?

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