Karl Haushofer wrote:How did they lost peace in Libya?
Libya is a failed state which is used by countless people smugglers and Islamists as a base.
Even worse, it is close to Europe.
Karl Haushofer wrote:The West has no troops in Libya.
The EU did recently launch a new naval operation in order to deal with people smugglers and migrants.
Karl Haushofer wrote:No Western people are dying in Libya.
They die in Tunesia whose terrorist problem became much worse thanks to the failed state Libya.
Karl Haushofer wrote:Cheap Libyan oil is still going to the West (some say that the West is actually getting free oil from Libya).
Libya's oil production crashed.
The holder of Africa’s largest reserves is producing 432,000 barrels of oil a day, according to Mustafa Sanallah, chairman of Libya’s National Oil Corporation, more than 300,000 b/d of which is exported.
Although an improvement from last year’s low of around 200,000 b/d, the Opec member’s output is still down more than 70 per cent from levels achieved before the 2011 revolution that ousted former ruler Muammer Gaddafi.
“Libyan production has crept up from recent lows, but these gains are minimal. I don't think they will be able to get above 800,000 b/d,” said Richard Mallinson, geopolitical analyst at Energy Aspects.
“Even if all the political and security issues were to disappear overnight, it would struggle to get the 1m b/d target. Their ability to produce at these levels has gone, as the fields have not been properly maintained,” said Mr Mallinson.
Karl Haushofer wrote:And Gaddafi's funds in European banks were confiscated by the European Union and they will never be returned to Libya.
Not enough to buy stability on the southern flank of the EU.
Karl Haushofer wrote:And I disagree about the UNSC veto as well. Russia and China should use their vetos for the sake of their own (and their allies) interests and to prevent their geopolitical enemies from achieving their goals. Both of these are equally important.
Vetoes should not be free.