Corporations

[UPDATE - 2010-03-09]

The Middle East Institute has posted video of a US-Libya business relations event that WL Central mentioned previously. The event called "US-Libya Relations: Surviving the WikiLeaks Controversy?" featured two individuals, David Mack and Charles Dittrich, with connections to the US-Libya Business Association.

The person introducing the event in the video (presumably a person with the Middle East Institute which hosted the panel) explains the WikiLeaks cables released on Libya rocked the relationship between the US and Libya. "The US' very able ambassador to Libya, Gene Cretz, was quoted in secret cables as talking about Muammar Gaddafi's reliance on a voluptuous blond Ukrainian nurse. That did not go down well in Tripoli."

Ambassador Cretz was recalled. But, as Mack says when he gets up to speak, a meeting in mid-December was held between business leaders from the US and Tripoli and there was a willingness to push onward and forget what had been revealed.

Previous post which appeared on 2010-02-22 appears below.

The only people more terrified of the foreign mercenaries or anti-aircraft missiles or the fighter jets deployed to shell protesters than Libyans are the businessmen working for oil and gas companies in Libya. In fact, this whole democracy thing is a nightmare for companies in Libya that fought just over two years ago to ensure the market in Libya would not be restricted by an amendment that aimed to prevent companies from doing business with rogue states designated as state sponsors of terrorism.

Financial Times reports escalating violence in Libya has kept oil prices at two and a half year highs. Many of the oil ports and refineries are now shut down. International oil companies are evacuating their staff from the "world's 12th largest oil exporter."

All the violence, protest and political tension in Libya and the wider Middle East and North Africa seems to have led the US-Libya Business Association to make a cold calculated decision to disappear from the Internet for the time being until calm returns to Libya. RAW STORY reported on February 21 that the website of the US-Libya Business Association (USLBA) went down.