Libya should be one of the world's wealthiest countries. Instead, its riches are a curse, many say.
A helga, or circle of unlicensed currency traders, at Musheer market in Tripoli, Libya.
Though Libya has the raw materials of prosperity — it has Africa's largest proven oil reserves, the world's 10th largest — almost a third of its more than 6 million people live below the poverty line. “In Libya, we don’t have a tribal conflict, or a sectarian fight or anything about ideologies,” said Husni Bey Husni, a prominent Libyan businessman and head of the HB Group, one of Libya’s largest companies. There is, he said, only “plunder.”
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