Upcoming shows
Real News

NOW ON AIR
Now On Air

Real News with David Knight

9:00 am 12:00 pm



Maga First News

Upcoming Shows

Join The MAGA Network on Discord

0 0

NGOs urge France to ban arm sales to Saudi Arabia

Twelve Yemeni and international human rights organizations have urged France to stop selling arms to Saudi Arabia and do more to end the war in Yemen.

The call was issued Thursday in Paris to mark the fourth anniversary of the intervention of a Saudi Arabia-led coalition in neighboring Yemen.

Organizations including Amnesty International, Action against Hunger and Doctors of the World urged France to use its key position as president this month of the U.N. security council and as head of the Group of Seven developed countries this year.

France is the third largest arms exporter to Saudi Arabia after the United States and Britain. French authorities argue the country has strict rules on arms exports.

Yemen's civil war, which erupted in 2014, pits Houthi rebels against the Saudi-backed government.

Source: Fox News World

0 0

Man convicted of 5 murders in Kansas City in 2014

A man has been found guilty of killing five people in September 2014 in Kansas City, Missouri.

The Kansas City Star reports that jurors on Monday convicted 38-year-old Brandon Howell of five counts of first-degree murder and seven other felonies.

The jury deliberated for less than two hours.

Prosecutors said Howell beat 80-year-old George Taylor and his wife, 86-year-old Anna Taylor, while trying to steal their vehicle. They died a week later.

The Taylors' neighbor, 69-year-old Susan Choucroun, was shot in her driveway. Two others — 88-year-old Lorene Hurst and Hurst's son, 63-year-old Darrel Hurst — were killed as they returned from a store.

Howell was arrested that night walking along a freeway carrying a shotgun in his pants.

Howell previously was acquitted of killing two teens from Kansas.

Source: Fox News National

0 0

High profile arrest led Alabama police to genealogy testing

A truck-driving preacher accused of killing two teenage girls from Alabama nearly 20 years ago was found with the same genealogy database techniques used to apprehend the suspected "Golden State Killer" last year.

Law enforcement interest in using genetic genealogy to crack cold cases has ballooned since the high-profile arrest of a suspect in the California serial killings, who was found by running crime scene DNA through a genealogy database, said CeCe Moore, chief genetic genealogist with Parabon NanoLabs. The same company did the searches in the Alabama case.

Tracie Hawlett and J.B. Beasley, both 17, disappeared after setting off for a party in southeastern Alabama on July 31, 1999. Their bodies were found the next day in the trunk of Beasley's black Mazda along a road in Ozark, a city of 19,000 people about 90 miles (145 kilometers) southeast of Montgomery. Each had been shot in the head.

The case sat unsolved for nearly two decades, until the Golden State killer arrest .

Ozark Police Chief Marlos Walker, who said he always believed the case could be solved, said "let's try that."

Police arrested Coley McCraney, 45, of Dothan, on Friday after the Alabama crime scene sample was analyzed and uploaded to GEDMatch, a public genetic database repository where more than a million people have uploaded profiles from at-home ancestry kits.

"We are looking for second, third, fourth cousins and then we reverse engineer the family tree based on the people who are sharing DNA with that crime scene sample," Moore said.

The police chief said the genetic genealogy work identified a family — which means at least one of McCraney's relatives had uploaded information — and kinship testing narrowed the potential suspects to a single person. The police chief said they obtained DNA from McCraney — he did not say how — and the state crime lab matched it to the DNA from the 1999 crime scene.

Moore said the company is now fielding calls for help in decades-old cases as interest grows in this technique. Since May, the company has helped provide law enforcement with identifications in 43 cases, she said.

She said genetic genealogy can help provide answers for families who have seen their loved one' murders go unsolved for years. "The fact that we can finally provide those is just incredibly important," Moore said.

While investigators seeking new leads in cold cases are intrigued, others see red flags.

"There are huge privacy concerns," said Jennifer Friedman, a public defender in Los Angeles who has been involved in cases involving DNA since the late 1980s. She said there are multiple problems with tying people to crimes using family genetic information, including the fact that most people probably wouldn't want a relative arrested based on their DNA sample.

Moore said she only uses a database where people have uploaded their information and are told it can be used this way. She said only a small fraction of the estimated 23 million people who have taken a consumer DNA ancestry test are in GEDMatch.

David Harrison, McCraney's lawyer, said he's an outstanding member of the community and a married man with children and grandchildren. He's been a truck driver and had his own church where he preached as recently as three weeks ago, Harrison said.

At the press conference announcing the arrest, Carol Roberts wore a brooch over her heart with a photograph of her daughter Tracie Hawlett, showing her youthful smile frozen forever in time. She had grown to doubt the case would ever be solved as the years slipped by.

"We've been through pure hell the last 20 years," said Mike Roberts, Hawlett's stepfather. "DNA don't lie," he said.

Tracie had planned since she was a little girl to become a doctor, her mother said. She would have turned 37 this month.

In their last conversation, the night she disappeared, Tracie asked if her friend could sleep over and go to church the next day.

"Last words out of her lips were, 'Mama, I love you.' Last words out of my mouth to her were, 'I love you.'"

___

Associated Press writers Jeff Martin in Atlanta and Jay Reeves in Birmingham, Alabama, contributed to this report.

Source: Fox News National

0 0

New Jersey utility worker narrowly escapes fallen power line erupting into fireball after storm

A utility worker in New Jersey had a shockingly-close encounter Monday after a powerline caught fire as it struck the wet ground after a storm.

The Manchester Police Department said in a Facebook post the incident happened at the intersection of State Highway 70 and Colonial Drive in Manchester Township, located about 60 miles south of New York City.

"Last night was quite SHOCKING for some of our midnight officers!" the department said.

TORNADOES SLAM SOUTH, KILLING AT LEAST 4 PEOPLE AS SEVERE THREAT EXPANDS NORTH

In video posted to Facebook, a utility worker is shown trying to handle a wire that was believed to be de-energized.

Flames can be seen after a powerline fell to the wet ground and exploded into a fireball as a utility worker was nearby in New Jersey on Monday.

Flames can be seen after a powerline fell to the wet ground and exploded into a fireball as a utility worker was nearby in New Jersey on Monday. (Manchester Police Department)

As the wire falls to the wet ground, it suddenly explodes into a fireball.

"Luckily, he was wearing proper safety equipment," police said.

NEW JERSEY SKYDIVING ACCIDENT LEAVES 'VERY EXPERIENCED' JUMPER DEAD

Manchester Township Police Sgt. Christopher Hemhauser told WCAU-TV he and another officer had to flee earlier that night from the same intersection when an arcing transformer sent sparks flying.

He also witnessed the second explosion, and said the utility worker was "definitely startled."

“It’s just a reminder of how dangerous electricity really is,” he told the television station.

CLICK HERE FOR THE FOX NEWS APP

Manchester Police said no one was injured in either incident. A spokesperson with Jersey Central Power and Light told WCAU the incident is under investigation.

Source: Fox News National

0 0

Judge Napolitano on Democrats’ demand for Trump’s financial records: ‘They can’t just get them because they want to torment him’

Fox News senior judicial analyst Judge Andrew Napolitano said Monday Democrats can’t just get President Trump’s financial records “because they want to torment him” and “Congress will have to state for what purpose they want this.”

Napolitano made the comments on “America’s Newsroom” hours after Trump's lawyers sued to block a subpoena issued by members of Congress that sought the president's financial records.

The complaint named Rep. Elijah Cummings, the Democratic chairman of the House Committee on Oversight and Reform, and Peter Kenny, the chief investigative counsel of the House committee, as its plaintiffs.

"We will not allow Congressional Presidential harassment to go unanswered," said Jay Sekulow, counsel to the president.

Earlier this month, Cummings, D-Md., said the committee would subpoena the accounting firm Mazars USA LLC for Trump’s financial information. Cummings is seeking annual statements, periodic financial reports and independent auditors reports from Mazars, as well as records of communications with Trump.

TRUMP SUES TO BLOCK DEMOCRATS' SUBPOENA FOR FINANCIAL INFORMATION

“The question is if the subpoena goes from the House of Representatives to a third party to his accountants can the president jump in the middle of that and seek to quash the subpoena? The answer is yes,” said Napolitano.

He added, “The complaint actually asks the court to second- guess Congress's motivation and courts are reluctant to do that because the courts and the Congress are equal branches of government. They don't get in the business of second-guessing the motivation of either. However, Congress has to have a legitimate legislative purpose for wanting the president's tax returns and financial records. They can't just get them because he’s the president and because his predecessors have exposed this type of material about themselves and they can't just get them because they want to torment him. They have to have a legitimate purpose.”

“So Congress will have to answer this complaint, establish a purpose, it doesn't have to be a purpose directly out of the Constitution, it could be something tangentially related to what Congress does that’ll probably suffice. But, if they can't show that purpose, then they’re going to lose. Then the subpoena will be quashed,” Napolitano said.

In the suit on Monday, Trump’s lawyers ask the court to declare the subpoena “invalid and unenforceable.” It also asks for a “permanent injunction quashing Chairman Cummings’ subpoena.”

HOUSE OVERSIGHT CHAIRMAN WILL SUBPOENA TRUMP'S ACCOUNTANT

Trump's suit also asks for a temporary restraining order and preliminary injunction prohibiting Mazars from producing the requested information.

“Congress will have to state for what purpose they want this,” said Napolitano adding, “Once they state something even related to a congressional purpose, the court, I think, will allow this to go through.”

CLICK HERE FOR THE FOX NEWS APP

The case has been assigned to U.S. District Court Judge Amit Mehta, a 2014 appointee of then-President Barack Obama.

Fox News’ Alex Pappas, John Roberts and Bill Mears contributed to this report.

Source: Fox News Politics

0 0

Rain stops play: UK parliament forced to close after water leak

FILE PHOTO: A general view of The Houses of Parliament in London
FILE PHOTO: A general view of The Houses of Parliament in London November 9, 2006. REUTERS/Kieran Doherty/File Photo

April 4, 2019

LONDON (Reuters) – Britain’s parliament was forced to close early on Thursday after a leak in the 19th century Gothic palace caused water to rain down into the debating chamber.

Lawmakers were debating tax policy when water began cascading into the press area overlooking lawmakers’ seats, forcing Deputy Speaker Lindsay Hoyle to suspend the session.

Speaking over the noise of pouring water, Member of Parliament Justin Madders, said: “I hope I can complete my speech before rain stops play. I think there is probably some kind of symbol, about how many people view how broken parliament is, going on there.”

Thursday’s sitting in the lower chamber, the House of Commons, was then ended more than two hours early. The upper chamber, the House of Lords, continued to debate Brexit in a separate part of the building.

The Palace of Westminster – parts of which date back to 1097 – has been slipping into disrepair for decades, requiring frequent repairs and upgrades. Much of the crumbling limestone exterior is clad in scaffolding.

Plans are being made for a multi-billion pound restoration program which could require parliament to be temporarily relocated to a separate building, but the process has been delayed, with many lawmakers opposed to giving up their traditional setting.

(Reporting by William James and Kylie MacLellan; editing by Stephen Addison)

Source: OANN

0 0

Body Cam Video They Don’t Want You To See: Arizona Cop Takes Down Knife-Wielding Jihadist

Infowars Life Protein Bar Combo

Limited Advanced Release

96.00

57.60

Get the best of both worlds with Infowars Life Vanilla Coconut and Chocolate Peanut Butter Protein Bars!

https://www.infowars.com/wp-content/uploads/2016/02/pb-210.jpg

https://www.infowarsstore.com/protein-bar-combo.html?ims=thhpy&utm_campaign=Widget+-+Protein+Bar+Combo&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=ProteinBarCombo-Widget

https://www.infowarsstore.com/protein-bar-combo.html?ims=thhpy&utm_campaign=Widget+-+Protein+Bar+Combo&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=ProteinBarCombo-Widget

Infowars Life Protein Bar Combo

96.00

57.60

Get the best of both worlds with Infowars Life Vanilla Coconut and Chocolate Peanut Butter Protein Bars!

https://www.infowars.com/wp-content/uploads/2016/02/pb-210.jpg

https://www.infowarsstore.com/protein-bar-combo.html?ims=thhpy&utm_campaign=Widget+-+Protein+Bar+Combo&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=ProteinBarCombo-Widget

https://www.infowarsstore.com/protein-bar-combo.html?ims=thhpy&utm_campaign=Widget+-+Protein+Bar+Combo&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=ProteinBarCombo-Widget

Infowars Life Protein Bar Combo

96.00

57.60

Get the best of both worlds with Infowars Life Vanilla Coconut and Chocolate Peanut Butter Protein Bars!

https://www.infowars.com/wp-content/uploads/2016/02/pb-210.jpg

https://www.infowarsstore.com/protein-bar-combo.html?ims=thhpy&utm_campaign=Widget+-+Protein+Bar+Combo&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=ProteinBarCombo-Widget

https://www.infowarsstore.com/protein-bar-combo.html?ims=thhpy&utm_campaign=Widget+-+Protein+Bar+Combo&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=ProteinBarCombo-Widget

Infowars Life Protein Bar Combo

96.00

57.60

Get the best of both worlds with Infowars Life Vanilla Coconut and Chocolate Peanut Butter Protein Bars!

https://www.infowars.com/wp-content/uploads/2016/02/pb-210.jpg

https://www.infowarsstore.com/protein-bar-combo.html?ims=thhpy&utm_campaign=Widget+-+Protein+Bar+Combo&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=ProteinBarCombo-Widget

https://www.infowarsstore.com/protein-bar-combo.html?ims=thhpy&utm_campaign=Widget+-+Protein+Bar+Combo&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=ProteinBarCombo-Widget

Infowars Life Protein Bar Combo

96.00

57.60

Get the best of both worlds with Infowars Life Vanilla Coconut and Chocolate Peanut Butter Protein Bars!

https://www.infowars.com/wp-content/uploads/2016/02/pb-210.jpg

https://www.infowarsstore.com/protein-bar-combo.html?ims=thhpy&utm_campaign=Widget+-+Protein+Bar+Combo&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=ProteinBarCombo-Widget

https://www.infowarsstore.com/protein-bar-combo.html?ims=thhpy&utm_campaign=Widget+-+Protein+Bar+Combo&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=ProteinBarCombo-Widget

Infowars Life Protein Bar Combo

96.00

57.60

Get the best of both worlds with Infowars Life Vanilla Coconut and Chocolate Peanut Butter Protein Bars!

https://www.infowars.com/wp-content/uploads/2016/02/pb-210.jpg

https://www.infowarsstore.com/protein-bar-combo.html?ims=thhpy&utm_campaign=Widget+-+Protein+Bar+Combo&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=ProteinBarCombo-Widget

https://www.infowarsstore.com/protein-bar-combo.html?ims=thhpy&utm_campaign=Widget+-+Protein+Bar+Combo&utm_source=Infowars+Widget&utm_medium=Widget&utm_content=ProteinBarCombo-Widget

Source: InfoWars

NOW ON AIR
Now On Air

Real News with David Knight

9:00 am 12:00 pm



Venezuela's Foreign Affairs Minister Jorge Arreaza talks to the media during a news conference in Caracas
Venezuela’s Foreign Affairs Minister Jorge Arreaza talks to the media during a news conference in Caracas, Venezuela April 8, 2019. REUTERS/Manaure Quintero

April 26, 2019

WASHINGTON (Reuters) – The U.S. Treasury Department on Friday imposed sanctions on Venezuela’s foreign minister and a Venezuelan judge, according to a statement on the department’s website.

Foreign Minister Jorge Arreaza and a judge, Carol Padilla, were targeted over the ongoing crisis in Venezuela, the Treasury Department said, the latest in a list of officials blacklisted by U.S. authorities for their role in President Nicolas Maduro’s government.

(Reporting by Susan Heavey, Makini Brice and Lesley Wroughton; Editing by Chizu Nomiyama)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
Avengers fans gather at the TCL Chinese Theatre in Hollywood to attend the opening screening of
Avengers fans gather at the TCL Chinese Theatre in Hollywood to attend the opening screening of “Avengers: Endgame” in Los Angeles, California, U.S., April 25, 2019. REUTERS/Mike Blake

April 26, 2019

LOS ANGELES (Reuters) – Marvel Studios superhero spectacle “Avengers: Endgame” hauled in a record $60 million at U.S. and Canadian box offices during its Thursday night debut, distributor Walt Disney Co said.

Global ticket sales for the film about Iron Man, Hulk and other popular characters reached $305 million for the first two days, Disney said.

(Reporting by Lisa Richwine; Editing by Chizu Nomiyama)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
Funeral of journalist Lyra McKee in Belfast
Labour Party leader Jeremy Corbyn attends the funeral service for murdered journalist Lyra McKee at St Anne’s Cathedral in Belfast, Northern Ireland April 24, 2019. Brian Lawless/Pool via REUTERS

April 26, 2019

LONDON (Reuters) – The leader of Britain’s opposition Labour Party, Jeremy Corbyn, said on Friday he had turned down an invitation to a state dinner which will be part of U.S. President Donald Trump’s visit to Britain in June.

“Theresa May should not be rolling out the red carpet for a state visit to honor a president who rips up vital international treaties, backs climate change denial and uses racist and misogynist rhetoric,” Corbyn said in a statement.

He said maintaining the relationship with the United States did not require “the pomp and ceremony of a state visit” and he said he would welcome a meeting with Trump “to discuss all matters of interest.”

(Reporting by Andy Bruce; Writing by William Schomberg)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!

A bedridden 67-year-old woman and more than a dozen animals were rescued Thursday after a welfare check found that they were living in a home filled with trash, urine, and feces, Florida police said.

Pinellas County sheriff’s deputies said when they arrived at the home in Dunedin around 7:20 p.m. Thursday, they could smell the odor of rotting trash and animal feces as they walked up to the driveway.

“Inside the residence, the odor of feces and urine was so overwhelming that deputies had to don masks,” the sheriff’s department said in a statement.

FLORIDA SHERIFF ON BORDER CRISIS AFTER MAJOR DRUG BUST: ‘IT MAKES ME ABSOLUTELY CRAZY’

Walking throughout the residence, the deputies found 10 emaciated dogs and puppies living in bins filled with their own feces, five large Macaw birds flying freely, rats, bugs and overall squalor.

Puppies discovered living in their own feces inside a Florida home that was filled with trash, urine, and feces.

Puppies discovered living in their own feces inside a Florida home that was filled with trash, urine, and feces. (Pinellas County Sheriff’s Office)

Deputies said due to the large amounts of trash in the home, they had to clear a path to reach the victim’s bedroom.

“None of the home’s toilets were working and all were found to be overflowing with feces,” deputies said. “The only working sink was located on the opposite end of the house from the victim’s bedroom.”

They said there was no food or water for the victim or the animals.

FLORIDA MAN IN EASTER BUNNY COSTUME CAUGHT IN VIRAL BRAWL IS WANTED IN NEW JERSEY, HAS HISTORY OF ARRESTS

The victim was transported to a local hospital for injuries that were non-life threatening, while the animals were transported to shelters.

The woman’s caretaker, Richard Lawrence Goodwin, 65, was arrested and charged with abuse and neglect of an elderly person, disabled person, and cruelty to animals.

Richard Goodwin, 69, was arrested for abuse and neglect of an elderly and disabled person after deputies found she was living in deplorable conditions.

Richard Goodwin, 69, was arrested for abuse and neglect of an elderly and disabled person after deputies found she was living in deplorable conditions. (Pinellas County Sheriff’s Office)

The sheriff’s department said this was Goodwin’s second arrest for abuse and neglect of the same victim. He was previously arrested in May 2018.

CLICK HERE TO GET THE FOX NEWS APP

Neighbor Victoria Muenzerbeer told FOX 13 that Goodwin and the victim were hoarders and the conditions inside the home were horrible years ago when she visited once.

“I went in and it was absolutely, a human being couldn’t live there,” she said. “The kitchen wasn’t usable and part of the wall was falling in.”

Source: Fox News National

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
Libyan Minister of Economy Ali Abdulaziz Issawi speaks during an interview with Reuters in Tripoli
Libyan Minister of Economy Ali Abdulaziz Issawi speaks during an interview with Reuters in Tripoli, Libya April 25, 2019. REUTERS/Hani Amara

April 26, 2019

By Ulf Laessing

TRIPOLI (Reuters) – Libya’s U.N.-recognized government has budgeted up to 2 billion dinars ($1.43 billion) to cover costs of a three-week-old war for control of the capital, such as treatment for the wounded, to be funded without new borrowing, the economy minister said.

Ali Abdulaziz Issawi suggested the government hoped for business to continue more or less as usual despite the assault on Tripoli, in the country’s northwest, by forces tied to a parallel administration based in the eastern city of Benghazi.

Once Africa’s third largest producer of oil, Libya has been riven by factional conflict since the fall of Muammar Gaddafi in 2011, with the country now broadly split between eastern-based forces under Khalifa Haftar and the U.N.-backed government in Tripoli, in the west, under Prime Minister Fayez al-Serraj.

Still, with Haftar’s Libyan National Army forces unable so far to pierce defenses in Tripoli’s southern suburbs, normal life and business activities continue in much of the capital and western coastal towns.

Issawi, in an interview with Reuters in his Tripoli office, also said Libya’s commercial ports and wheat imports were still functioning normally, although some roads have been blocked.

He said the Serraj government estimates it will spend up to 2 billion dinars extra on medical treatment for wounded, aid for displaced people and other “emergency” war costs.

He said this was not military spending but analysts believe that the sum will also cover expenditures such as pay for allied armed groups or food for fighters.

“We could actually spend less,” he added, in comments that gave the first insight into the economic impact of the fighting.

Issawi said the Tripoli government, which controls little territory beyond the greater capital region, would not incur new debt to fund the war costs, sticking to a plan to post a 2019 budget without a deficit.

Tripoli derives revenue largely from oil and natural gas production, interest-free loans from local banks to the central bank, and a 183 percent surcharge on foreign exchange transactions conducted at official rates.

But with centralized tax collection greatly diminished, public debt has piled up – to 68 billion dinars in the west, including unpaid state obligations such as social insurance.

Some analysts expect Serraj’s government will be forced to raise new debt if the war for control of Tripoli drags on.

With much of Libya dominated by armed factions that also act as security forces, the public wage bill for both the western and eastern administrations has soared as fighters have been made public employees in efforts to buy their loyalty.

The east has sold bonds worth 35 billion dinars outside the official financial system as the Tripoli central bank does not fund the parallel government apart from some wages.

Despite its limited reach, the Tripoli government still runs an annual budget of around 46.8 billion dinars, mainly for public salaries and fuel subsidies.

“This year we cannot finance via debt…we will not borrow (by agreement with the central bank),” Issawi said.

According to International Monetary Fund data, Libya’s central government debt-to-GDP ratio is 143 percent, making it one of the most heavily indebted in the world on that measure.

Issawi declined to say what parts of the budget would be trimmed to support the extra outlay for war costs.

However, with some 70 percent of the budget allocated to public wages, fuel subsidies and other welfare benefits, a portion devoted to infrastructure is most likely to be axed.

Widespread lawlessness has meant there have been no major infrastructural projects since 2011, when a NATO-backed uprising overthrew dictator Muammar Gaddafi, leaving schools, hospitals and roads in acute need of restoration.

FOREX SURCHARGE

Issawi said the government planned to raise as much as 30 billion dinars by the end of 2019 from hard currency deals after imposing in September a 183 percent surcharge on commercial and private transactions done on the official rate of 1.4 to the U.S. dollar. That fee has effectively devalued the official rate to 3.9, much closer to the black market equivalent.

Some 17 billion dinars have been raised since then, with hard currency allocated for import credit letters now issued without delays, Issawi said. The forex fee has helped the government forecast a budget in the black for 2019.

Despite the narrowing spread between the two rates, the black market continues to thrive. Dozens of traders remained at their favorite spot behind the central bank headquarters in Tripoli when Reuters reporters visited it last week.

But traders said it could take time for the Serraj government to register the extra forex receipts as official banking channels were taking up to six months to approve import financing, keeping the black market in play for dealers.

Issawi said authorities planned to lower the forex fee from 183 percent, without saying when. The black market rate has dropped from 6 to around 4.1 since September but it has hardly moved of late as demand for black market cash remains high.

The Tripoli government has stopped subsidizing food and bread, which used to be cheaper than drinking water in Libya. Wheat imports are now being arranged by private traders and there are surplus stocks of flour at the moment, Issawi said.

(Reporting by Ulf Laessing in Tripoli with additional reporting by Karin Strohecker in London; Editing by Mark Heinrich)

Source: OANN

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!

Listen to https://magaoneradio.net and Listen Daily! Don't Forget to Share Click a Link Below!
Current track

Title

Artist