logo
Tripoli based Libyan Prime Minister Aldabaiba launches Three-Track Political Initiative

Tripoli based Libyan Prime Minister Aldabaiba launches Three-Track Political Initiative

Libya Herald2 days ago

Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, announced his intention to launch a new political initiative in the coming days that includes three tracks to get Libya out of its current political impasse‎.
Aldabaiba launched the initiative at yesterday's 2nd Ordinary Cabinet meeting of 2025 held at Tripoli's Al-Nasser Woods Complex (formerly Rixos complex).
Aldabaiba only initially announced the headings of these Three Tracks, leaving much to interpretation.
‎The First track
The First Track involved restructuring the government based on efficiency/meritocracy, and away from regional/tribal ministerial/appointment quotas or the effects of the eastern based parallel government.‎
This implies and confirms the general public consensus that several current ministers are incompetent and are in post based only on tribal/regional pressures. It implies a desire to appoint ministers loyal to a national idea vision rather than their tribe or region – at the expense of the advancement of the Libyan state.
‎The Second Track
The Second Track involves the launch of the 'National Survey' project as an inclusive tool and an expression of the popular will.‎
This is an idea previously launched by the Presidency Council. Aldabaiba and the Presidency Council seek to appeal to the general public through surveys which confirm the public's desire and mandate to create a strong state of institutions. Primarily, they seek to use the responses to these surveys to empower them to move forward against the status quo and the current political quagmire and impasse.
This would presumably include using this political mandate to confront and demobilize the powerful militias that act as hurdles to the sovereign state and the government in achieving development and progress.
‎The Third Track
The Third Track involves establishing a realistic mechanism to secure the elections and end to the pretext of a parallel government.‎
A translation of this could mean that Aldabaiba and the recently politically proactive Presidency Council seek to somehow bypass the blocking effect of the House of Representatives, led by Ageela Salah and supported by the Hafter family, in decreeing ''fair'' elections laws.
These new fair election laws would to enable the holding of elections resulting in one unified Libyan government and extracting Libya out of its current moribund transition state.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Why I'm scared by a report about Britain's 'minority white' future
Why I'm scared by a report about Britain's 'minority white' future

Metro

time12 hours ago

  • Metro

Why I'm scared by a report about Britain's 'minority white' future

A new study has predicted that 'white British' people are set to become a minority in Britain in the next 40 years. Cue the hysteria. I'm not surprised, it feels like this was exactly the intention behind this report. Conducted by Matt Goodwin of Buckingham University, who is also a regular voice on the right-wing TV channel GB News channel, the research claims that the proportion of white Brits will decline from 73% (where it currently stands) to 57% by 2050. It is then thought that white British people will become a minority by 2063 and that by the end of the century they will only constitute a third of the overall population. Referencing his study's findings, Goodwin said that those in favour of 'maintaining the way of life of the traditional majority population' will need their concerns 'recognised, respected and addressed.' Let's be real about what we're looking at here. This is not an impartial, apolitical study of demographic change. Goodwin's definition is so absurdly broad that figures such as King Charles and Winston Churchill wouldn't be considered 'White British' in this instance. Firstly, Goodwin makes frankly insulting and arbitrary decisions about what exactly is considered 'White British'. He defines this as those without at least one immigrant parent – creating a strange conclusion in which some people seem defined only by their 'foreign' side, creating a two-tiered system in which only those untainted by immigrant blood are considered genuinely 'White British' or native. By his definition, as a Muslim with one English parent and one Libyan, I'm not as British as a white non-Muslim, despite being born and raised here. This only reinforces what I have known my entire life – or at least, since I started looking visibly foreign by first wearing the hijab at 15: That I am always defined by my foreignness and never my Englishness. Goodwin's definition is so absurdly broad that figures such as King Charles and Winston Churchill wouldn't be considered 'White British' in this instance. But it is not white people with an American mother or a Greek father who are accused of diluting the native British population when it comes to studies like these. It's people like me whose brown, Muslim lineage renders me a foreigner, despite me being ethnically just as English as I am Libyan. Why else would Goodwin focus on his headline-grabbing statistic that 1 in 5 Britons will apparently be Muslim by the end of the century. In fact, Goodwin's main report on 'religious projections' doesn't even mention any other faiths, simply categorising the UK population along the lines of Muslim or non-Muslim. This sounds chillingly like 'us versus them', 'good guy versus bad guy' or 'native versus foreigner' – all of which fuel hysteria about a Muslim takeover and label Islam and Britishness as mutual exclusives. In fact, just this week we have seen Reform – a party that many predict could soon find its way in Number 10 – raising the issue of a Burka ban. For many, being British is about more than a passport. It looks, sounds and acts a certain way – and that is not Muslim. Studies like the one released this week embolden those holding Islamophobic views, giving them a statistical basis for their bigotry. Research conducted by someone with such incendiary views should be taken with far more suspicion than we have seen with these findings – but I suppose that doesn't matter when there are some catchy fear-mongering soundbites on offer. While the survey has predictably been used as evidence for lowering immigration levels, beneath the odd (frankly racist) categorisation of British identity, it also paints a picture of the birth rates of different communities in the UK and how that will impact future demographics. Given that Britain's birth rate is at an all-time low, we have seen pronatalist policies slowly creep into the mainstream as politicians panic about what the future will look like if nobody can afford to have babies. But what this survey seems to reinforce is that calls to raise the birth rate aren't simply about providing the nation with the next generation of workers and taxpayers. It is, for many, ensuring that the future face of the west remains white and that the so-called native population reproduces quickly enough to balance out other communities like my own, who traditionally tend to have larger families. Last year a peer in the House of Lords made a speech in which he warned about radical Muslims taking over Britain 'through the power of the womb'. More Trending Every year when the name Muhammad inevitably tops the list of most popular baby names, we see another wave of media-manufactured moral panic that Britain overrun by Muslims unless the white British population has more babies. Reports like these don't just legitimise conspiracy theories like this, they help manufacture them, and attempt to make people like me feel more othered, more unsafe. Who knows what this hypothetical Britain will look like in decades time? But if the children and grandchildren of people like me aren't considered part of the future British population, but a hostile outside force, then things are only going to get worse for all of us. Do you have a story you'd like to share? Get in touch by emailing Share your views in the comments below. MORE: Donald Trump and Elon Musk might make peace – but it will never last MORE: What does Eid Mubarak mean and how should you reply to the greeting? MORE: Universal digital 'BritCards' on an app could soon be used to prove who you are

Trump crypto ventures invade House market structure hearings
Trump crypto ventures invade House market structure hearings

Coin Geek

timea day ago

  • Coin Geek

Trump crypto ventures invade House market structure hearings

Getting your Trinity Audio player ready... Congress is trying to discuss digital asset legislation but keeps getting derailed by President Donald Trump's endless parade of crypto ventures—even the ones he claims not to be involved with. On June 4, the House of Representatives held not one but two committee hearings on the Digital Asset Market Clarity (CLARITY) Act, the update to the FIT21 market structure bill that the House passed last year but the Senate failed to take up before Congress adjourned for the 2024 election. CLARITY aims to clearly demarcate which assets/activities will be overseen by the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). CLARITY aims to hand the bulk of that responsibility to the CFTC, but since the two regulators report to two different House committees, two simultaneous hearings were required to get this ball rolling. The hearings generated controversy even before they got underway, as staff for Democrats on the House Financial Services Committee (FSC) raised a ruckus the day before the hearings. The staffers accused the SEC of sharing its written analysis of CLARITY with Republicans but not with Democrats, politicizing what was previously a purely technical process. The Dem staffers further alleged that SEC officials refused to answer certain questions during a 'truly infuriating' phone call last week, with the SEC reportedly claiming the information was privileged. The Dems added that it appeared that the SEC staff on the call didn't understand aspects of the bill, nor had they bothered to read questions submitted by the staffers in advance of the call. Rep. Maxine Waters (D-CA), the FSC's ranking member, later sent a letter to newly confirmed SEC chair Paul Atkins requesting 'fulsome answers' to Dems' CLARITY questions. Aside from demarcating crypto oversight, the Dems are concerned that CLARITY could have unforeseen impact on the broader securities market, so they want to know more before it comes up for a vote. Hearings resolve little Given the preamble, Wednesday's FSC hearing was an at-times combative affair, with Dems—particularly Waters—raising the impropriety of Trump's various crypto ventures at every opportunity. Republicans mostly steered clear of any Trump talk, although Rep. Andy Barr (R-KY) went full scorched earth, calling Dems' corruption claims a 'red herring' and accusing them of being 'so obsessed with their political hatred of the President' that they're mounting a 'baseless, politically motivated attack' against him. The invited witnesses largely echoed GOP talking points regarding the urgent need to bring 'regulatory clarity' to the digital asset sector. Ex-CFTC Chair Timothy Massad, a regular on these types of panels, struck a different note, asking the committee to 'step back and consider what we are trying to build' with this legislation rather than simply ask, 'what do we need to do to make it easier for people to invest in this technology?' The day's other hearing was hosted by the House Agriculture Committee, with ranking member Angie Craig (D-MN) taking a slightly softer approach than Waters. Craig said she supported establishing rules of the crypto road but added that the fact that the president is 'hawking memecoins' was 'making this debate a lot more difficult.' Craig later asked the witnesses whether they thought the president and vice-president should be included in CLARITY's prohibition on members of Congress using non-public information to profit from crypto activity. The witnesses basically dodged the issue, saying CLARITY's prohibitions as written were 'appropriate,' although former SEC Commissioner Michael Piwowar gave himself an even easier out by noting that the SEC recently washed its hands of memecoin oversight; therefore, he had no opinion. The FSC has scheduled a CLARITY markup session for June 10, but Waters sent Chairman French Hill (R-AR) a letter requesting a second hearing 'this week' to call additional witnesses—selected by Democrats this time—and kick CLARITY's tires a little harder. Waters also wants to give the public 'the opportunity to consider and discuss additional perspectives on President Trump's crypto conflicts of interest and corruption.' Back to the top ↑ Senate not moving fast enough for some The Senate will have its own market structure bill to contend with later this month, as Sen. Cynthia Lummis (R-WY) told Politico this week. Lummis said the Senate's version could 'look very much like' CLARITY, although senators might 'tweak it a smidge.' As for the Senate's stablecoin legislation (GENIUS), there were some expectations that the bill might come up for debate on the Senate floor after it passed a couple of procedural motions late last month. But the growing number of proposed amendments to GENIUS—there were 53 such suggestions as of May 26, a number that has since grown to 71—are complicating Senate leadership's plans. On June 2, Politico reported that one of the more consequential amendments—an entirely separate bill dealing with credit card swipe fees that some veteran senators on both sides of the aisle have been trying to pass for years—has some senators threatening to change their vote to 'no' if that language makes it into GENIUS's final text. It remains to be seen whether Senate Majority Leader John Thune (R-SD) believes the chamber is ready for a floor debate on GENIUS this week. Multiple crypto lobbying groups issued a joint statement this week urging the Senate to 'remain committed' to GENIUS's 'central goal: providing a targeted and comprehensive approach to stablecoin oversight.' Back to the top ↑ CFTC nominee gets closer to chair; SEC chair outlines digital asset plans The CFTC offices might currently resemble a ghost town, but the Senate Agriculture, Nutrition and Forestry committee has scheduled a confirmation hearing for Trump's nominee for the regulator's chairmanship, Brian Quintenz, on June 10 at 3pm. As Quintenz awaits his grilling, the CFTC announced on June 2 that it had appointed Paul Hayeck as the new director of its Division of Enforcement. Hayeck, a 25-year CFTC veteran, has served as deputy enforcement director since 2013 and will continue to serve as acting chief of the division's Complex Fraud Task Force. Meanwhile, SEC Chair Atkins testified before the Senate Appropriations Subcommittee on Financial Services on June 3, offering insights into how the agency intends to approach digital assets under his leadership. Atkins claimed to have witnessed 'firsthand how ambiguous or nonexistent regulations in [the digital asset] space created uncertainty and inhibited innovation.' So Atkins is prioritizing the development of 'a rational regulatory framework for crypto asset markets that establishes clear rules of the road for the issuance, custody, and trading of crypto assets while continuing to discourage bad actors from violating the law.' Echoing the crypto sector's mantra of having endured 'regulation by enforcement' under previous Chair Gary Gensler, Atkins said policymaking will now 'be done through notice and comment rulemaking,' utilizing the SEC's 'existing authorities to set fit-for-purpose standards for market participants.' Atkins claimed the SEC has for too long been 'hindered by policymaking silos.' Atkins praised the SEC's new Crypto Task Force for engaging with crypto operators and expressed confidence that Commissioner Hester Peirce is 'the right person to lead the Crypto Task Force's effort.' Noble sentiments notwithstanding, the post-Gensler SEC has signaled a hands-off approach to virtually all aspects of regulating digital assets, dropping numerous lawsuits while suggesting its focus going forward would be limited to policing clear cases of crypto-based fraud. Back to the top ↑ Trump Wallet: it's complicated We're not sure this technically counts as fraud, but on June 3, social media went agog on reports that the powers behind the $TRUMP memecoin were launching a Trump-branded digital wallet and trading application. However, the claims set off a comical series of denials, the fallout from which remains somewhat murky. It started with crypto journalist Molly White breaking the news of a new site that encouraged users to sign up for a waitlist of the 'Official $TRUMP Wallet.' The project is a partnership between GetTrumpMemes, the Bill Zanker-led company that issued President Trump's various non-fungible token (NFT) collections and also released $TRUMP in January, and Magic Eden, a crypto firm that runs an NFT marketplace. The TrumpWallet site claimed that Magic Eden had partnered with GetTrumpMemes 'to create the first and only $TRUMP Wallet,' adding that this is 'The Official $TRUMP Wallet by President Trump.' The GetTrumpMemes official X account tweeted a 'coming soon' promo for TrumpWallet, urging people to '[j]oin the $TRUMP community!' Magic Eden founder Jack Lu tweeted his own promo, claiming the wallet would allow users to trade prominent tokens like BTC, ETH, SOL, XRP 'and of course $TRUMP.' Lu also promoted the chance to share in '$1 million of $TRUMP in rewards' for individuals who referred other users to the waitlist. However, Trump's sons, Don Jr. and Eric, quickly poured cold water on these claims, with Eric tweeting that the wallet 'is not authorized' by the Trump Organization. Eric warned Magic Eden to be 'extremely careful using our name in a project that has not been approved and is unknown to anyone in our organization.' Don Jr. tweeted that the Trump Org 'has zero involvement with this wallet product' and that he and his brother 'know nothing about it.' Don Jr. added that the family's decentralized finance (DeFi) project World Liberty Financial (WLF) 'will be launching our official wallet soon.' Even Trump's youngest son, Barron, got in on the denials via his first-ever tweet, stating that 'our family has zero involvement with this wallet.' Eric later told The New York Times that there was 'no deal' and 'no agreement for this product. It has not been approved.' An X account bearing the name TrumpWalletApp that was linked with Magic Eden was suspended for as-yet-unknown reasons shortly after the brouhaha went public. Back to the top ↑ $TRUMP dinner guests get NFTs, WLF airdrops USD1 At least one GetTrumpMemes move this week was deemed to be officially blessed, as those who attended last month's gala dinner for the top 220 holders of $TRUMP were airdropped commemorative Solana-based NFTs on June 2. GetTrumpMemes congratulated the recipients, calling the NFTs 'historic collector's items that celebrate the Crypto President!' There are three separate NFTs, all based around a variation of Trump's post-assassination attempt fist-pump. The lowest tier NFT sent to 1,049 addresses features a 'Power to the Holders' message, while the more rarefied 'Gold Gala Dinner' NFT was issued to 219 addresses. The rarest of all, the 'Diamond Hands' NFT, was issued to the 118 stalwarts who held their $TRUMP throughout the dinner instead of rushing to dump the tokens the moment they'd served their intended purpose. The NFTs are already being flogged for resale, with one Diamond Hands recipient earning $16,000 from selling their collector's item to a member of the public. (Cubic zirconia hands, more like it.) Also getting in on the Trump airdrop action was WLF, which on June 4 announced that 'every eligible' holder of WLF's governance token WLFI (except those in New York and other excluded jurisdictions) had been airdropped $47 worth of USD1, the stablecoin WLF issued in March. WLF claims a total of $4 million worth of USD1 has been sent to ~85,300 WLFI wallets. Pleased with what it claimed was a test of its airdrop mechanism and to 'ensure smart contract functionality and readiness,' WLF asked whether it should now 'listen to the community and make $WLFI tradable?' Since its launch last October, WLFI holders have been unable to shift their tokens off the WLF platform, while WLF repeatedly promised that loads of DeFi functionality were just around the corner. It seems that magical day may finally be drawing closer. Back to the top ↑ Trump Media applies for BTC ETF Yet another Trump-controlled crypto project took a step closer to reality on June 3 as Trump Media and Technology Group (TMTG), the parent company of the Truth Social platform, filed its application with the SEC to launch a BTC spot-based exchange-traded fund (ETF). The application was filed by NYSE Arca, an ETF-focused offshoot of the New York Stock Exchange. NYSE Arca filed on behalf of TMTG's partner Yorkville America Digital, a Florida-based 'America-First asset management firm.' that appears to be an offshoot of the New Jersey-based Yorkville Advisors. Another offshoot, Yorkville America Equities, has partnered with TMTG on its planned Truth Social-branded separately managed accounts (SMAs). The 'Truth Social Bitcoin ETF' application defines the ETF's objectives as removing 'the obstacles represented by the complexities and operational burdens involved in a direct investment in bitcoin.' The ETF's shares 'provide investors with an alternative method of achieving investment exposure to bitcoin through the securities market, which may be more familiar to them.' The exchange's broker-dealer arm, Foris Capital US, will custody the BTC held by the ETF. TMTG has also pledged to launch other ETFs using a 'basket of cryptocurrencies' that will include native Cronos (CRO) token. TMTG signaled its ETF plans in January, less than two weeks after Trump was sworn in as president for the second time. This week's ETF application oddly doesn't utilize one of the three ETF-focused trademarks that TMTG applied for in early February. BTC-focused ETFs made their official U.S. debut in January 2024. These were soon followed by funds based on the Ethereum network's native token ETH, and countless applications have been filed for other prominent tokens. These ETFs have attracted hundreds of billions of dollars from investors disinclined to open digital asset exchange accounts to buy tokens directly, or who worry about the intricacies of crypto self-storage. Blackrock's (NASDAQ: BLK) IBIT ETF alone custodies ~661,000 BTC worth around $70 billion. Given TMTG's late arrival to this party, it's unclear why investors would be attracted to its ETF, unless MAGA types are looking for new ways to show support for their president. Earlier this week, TMTG announced that it had raised $2.44 billion from institutional investors for the purpose of following the 'BTC treasury' corporate strategy that is all the rage these days. Here again, fealty to the president appears to be the chief appeal, given that there are already well over 100 companies employing the same strategy and more firms are announcing plans seemingly every day. Back to the top ↑ Watch: Bringing the Metanet to life with Teranode title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen="">

Aldabaiba hails recent security operations, vows to end militias – warns against illegal eastern parallel spending leading to inflation and LD devaluation
Aldabaiba hails recent security operations, vows to end militias – warns against illegal eastern parallel spending leading to inflation and LD devaluation

Libya Herald

time2 days ago

  • Libya Herald

Aldabaiba hails recent security operations, vows to end militias – warns against illegal eastern parallel spending leading to inflation and LD devaluation

Speaking at yesterday's 2nd Ordinary Cabinet Meeting of 2025 held at Tripoli's Al-Nasser Woods Complex (formerly Rixos Complex), Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, said that the recent security operations (clashes with the Stability Support Apparatus (SSA) militia and Abdelraouf Kara's Special Deterrence Force (SDF) / RADA, and their allies), were successful. He blamed the subsequent disorder, fear and damage caused by these clashes and counter-clashes on the militias. Aldabaiba also called on the Attorney General, the Audit Bureau, and the Administrative Control Authority to investigate the over LD 100 billion of parallel spending by the eastern Libyan administration. This parallel spending, he warned will increase inflation, cost of living and reduce the foreign exchange value of the Libyan dinar. It will lead to the economic ruin of Libya, he warned. Security initiative Aldabaiba hailed the Ministry of Interior and the Ministry of Defence for their role in imposing security on behalf of the legitimate state. He stressed that the people support state security and not unaccountable militias and that he had received wide international support for the recent anti-militia security operation. On the other hand, he criticised, domestically and internationally, those who supported these militias – implying Hafter and the eastern Libyan administration – militias that engage in illegal activity including illegal detention and imprisonment. Demobilisation of militias, Interior Ministry and Presidency Council forces Speaking at the prompting of his PM on planned security reforms, Acting Interior Minister Imad Trabelsi bemoaned the fact that militias were better armed and stronger (and actually more battle experienced due to their fighting in the February 2011 revolution) than the official Interior Ministry forces. He said there can be no state without security and proposed (to applause from the PM and cabinet members) the demobilization of militias and some Interior Ministry and Presidency Council forces. The plan to demobilise even some Interior Ministry forces implies, and simultaneous confirms, if needed, that some Interior Ministry forces were infiltrated and controlled by militias. He called on all current members of these forces intended for demobilisation to join the Interior Ministry or the Defence Ministry if they wished to continue their careers in the security forces. Interjecting, the PM also vowed to demobilise any security forces under his Office. Continuing, Trabelsi said how can Interior Ministry forces operate and respond to government calls for help and intervention if there are forces operating in the field that are stronger. Trabelsi said how can he be held responsible and accountable if there are other stronger forces operating in the field. Interjecting during Trabelsi's speech again, Aldabaiba stressed that this is the state's project that will be implemented. He warned militias hiding behind tribes and cities, saying that time was over. The Libyan people want a strong state Aldabaiba said the Libyan people want a strong state. He said militias must not be feared and that there is no going back (to a state dominated by militias). There is no other option, he stressed, we must impose the state on them. Militia coercion of Ministers Aldabaiba pointed to various ministers (which the cameras refrained from showing), implying that they were coerced to make decisions by militias. ''No more coercion of Ministers or Ministries like the coercion of the Minister of Health (who is currently under arrest) into importing medicine from a non-medicine origination country (Iraq)'' Aldabaiba revealed that militias even interfered in the Hajj pilgrimage to Mecca. He vowed to refer them to investigation after the pilgrimage is over. He warned his attentive Ministers that there will be no more excuses for them and their officials for giving into militia coercion. Those who cannot perform their jobs (due to militia coercion) should resign, he stated. We will no longer keep quiet on militia coercion, he vowed. We will pursue those who do not give in the state, he explained. Resuming his speech, Interior Minister Trabelsi said his ministry was following up on all crimes from 2012, whether criminal or financial, and referring them to the Attorney General's Office. To which Aldabaiba added ''we will not protect any Minister or his employees against the law''.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store