UN Warns Libya Faces Economic Collapse Amid Central Bank Crisis 

A view of the Central Bank of Libya in Tripoli, Libya, August 26, 2024. (Reuters)
A view of the Central Bank of Libya in Tripoli, Libya, August 26, 2024. (Reuters)
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UN Warns Libya Faces Economic Collapse Amid Central Bank Crisis 

A view of the Central Bank of Libya in Tripoli, Libya, August 26, 2024. (Reuters)
A view of the Central Bank of Libya in Tripoli, Libya, August 26, 2024. (Reuters)

The United Nations Support Mission in Libya (UNSMIL) issued a statement late on Monday expressing deep concern "over the deteriorating situation in Libya resulting from unilateral decisions."

Disputes over control of Libya's Central Bank have raised alarms about the potential misuse of the country's financial resources.

"UNSMIL is convening an emergency meeting for all parties involved in the Central Bank of Libya crisis in order to reach a consensus based on political agreements, applicable laws, and the principle of the central bank's independence," the statement said.

The UN mission has called for the suspension of unilateral decisions, the lifting of force majeure on oil fields, the halting of escalations and use of force, and the protection of Central Bank employees.

Libya's economy is heavily reliant on oil revenue, and there have been moves to impose force majeure on oil fields, effectively cutting off the country's primary source of income.

Earlier on Monday, Libya's eastern-based administration ordered the closure of oilfields in eastern Libya, which account for almost all the country's production, halting both production and exports after tensions flared over the Central Bank's leadership.

There has been no confirmation of these actions from the Government of National Unity (GNU) in Tripoli or from the National Oil Corp (NOC), which controls the country's oil resources.



Dozens Feared Dead after Dam Bursts in Eastern Sudan

 Sudanese queue to fill on water Port Sudan on August 26, 2024, after a dam collapsed as a result of heavy rain. (AFP)
Sudanese queue to fill on water Port Sudan on August 26, 2024, after a dam collapsed as a result of heavy rain. (AFP)
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Dozens Feared Dead after Dam Bursts in Eastern Sudan

 Sudanese queue to fill on water Port Sudan on August 26, 2024, after a dam collapsed as a result of heavy rain. (AFP)
Sudanese queue to fill on water Port Sudan on August 26, 2024, after a dam collapsed as a result of heavy rain. (AFP)

Surging waters have burst through a dam, wiped out at least five villages and left an unknown number of people dead in eastern Sudan, officials said on Monday, devastating a region already reeling from months of civil war.

Torrential rains caused floods that overwhelmed the Arbaat Dam on Sunday just 40km (25 miles) north of Port Sudan, the de facto national capital and base for the government, diplomats, aid agencies and hundreds of thousands of displaced people.

"The area is unrecognizable. The electricity and water pipes are destroyed," Omar Eissa Haroun, head of the water authority for Red Sea state, said in a WhatsApp message to staff.

He said he had seen the bodies of gold miners and pieces of their equipment wrecked in the deluge, and likened the disaster to the devastation in the eastern Libyan city of Derna in September last year when storm waters burst dams, swept away buildings and killed thousands.

On the road to Arbaat on Monday a Reuters reporter saw people burying a man and covering his grave with driftwood to try to prevent it from being washed away in mudslides.

The dam was the main source of water for Port Sudan, which is home to the country's main Red Sea port and working airport, and receives most of the country's much-needed aid deliveries.

"The city is threatened with thirst in the coming days," the Sudanese Environmentalists Association said in a statement.

CRUMBLING INFRASTRUCTURE

Officials said the dam had started crumbling and silt had been building during days of heavy rain that had come much earlier than usual.

Sudan's dams, roads and bridges were already in disrepair before the war between the Sudanese army and the paramilitary Rapid Forces began in April 2023.

Both sides have since funneled the bulk of their resources into the conflict, leaving infrastructure badly neglected.

Some people had fled their flooded homes in five devastated villages and headed to the mountains where they were now stranded, the health ministry said.

On Monday, the government's rainy season taskforce said 132 people had been killed in floods across the country, up from 68 two weeks ago. At least 118,000 people have been displaced by the rains this year, according to United Nations agencies.

The conflict in Sudan began when competition between the army and the RSF, who had previously shared power after staging a coup, flared into open warfare.

The two sides had been seeking to protect their power and extensive economic interests as the international community promoted a plan for a transition towards civilian rule.

Overlapping efforts in pursuit of a ceasefire, including Saudi- and US-led talks in Jeddah, have not eased the fighting and half of the 50 million population lack sufficient food.