Wednesday, May 4, 2011

Rebel's Money Crises

With their government killing it's people, the last thing the rebel force in Libya wants to worry about is running out of money.However it is looking like they will be running out of it in 4-5 weeks.They are coming to realize how much it cost to run areas that they are have taken control over. It is costing them 100 million dollars a day to supply and run these areas.
The rebels know that they will not be able to get the money on their own so they are looking to get help. They are meeting with many nations to discuss getting loans from France, Italy, United States and many other nations around the world. The meeting is set to take place tomorrow in Rome Italy. The rebels hope to get 1.5 billion dollars to cover the cost that are needed right away. This money would go towards food, and medical supplies to help with the constant flow of injured people.
While they are meeting about money it is not expected that the rebels will leave with money right away. Italian Foreign Ministry spokesman said this about the meeting "This is not a pledging conference. There will not be an envelope." The purpose of this meeting is to set up a principle if possible.

1 comment:

  1. So - what are your thoughts on this Kaylie..? Do you think the United states should give money to Libya rebels??

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