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Rival Rebel Faction Seizes Benghazi Branch Of Libyan Central Bank

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AFRICANGLOBE - Fighters for one of the factions battling for control of Libya seized the Benghazi branch of the country’s central bank on Thursday. The central bank is the repository for Libya’s oil revenue and holds nearly $100 billion in foreign currency reserves. It is the great prize at the center of the armed struggles that have raged here since the NATO-led overthrow of Muammar Gaddafi in 2011.
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