Saif Al-Islam Gaddafi, one of the sons of Libyan ruler Mummar Gaddafi reportedly wants to leave Libya and end the war. Gaddafi is part of big group of senior Libyan who are trying to negotiate a safe exit through several European channels, and countries such as Austria, Britain and France.
Saif Al-Islam has been of the prominent faces in the current conflict, appearing many times in the media and threating to fight vigorously.
The air strikes of NATO forces on Libya seem relatively limited, but they did manage to stop Gaddafi’s advance on the rebel capital of Benghazi. Earlier this week, there were reports that another son of Gaddafi, Khamis Gaddafi, was killed. Khamis Gaddafi is the commander of the “Khamis brigade”.
A resolution to the crisis in Libya could lower oil prices and send the dollar higher. WTI Crude is currently stable at around $105 a barrel. High oil prices have weakened the dollar and aided the Swiss franc in recent months, since the Egyptian revolution began. It has also pushed the yen higher.
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