Possible Scenario: Libyan Investment Authority at Risk of Being Partially Liquidated
Posted on 02/22/2011
Libya has tremendous oil wealth which is one of the key reasons why it created a sovereign wealth fund. Around 80% of government revenue comes from the Libyan oil industry. Created in 2006, the estimated $70 billion sovereign wealth fund has investment stakes in a variety of European and North African companies. A few of […]
