22 Aug 2011

Gaddafi Regime Crumbling

In the Washington Post, David Ignatius writes that Gaddafi's family has reportedly been moving money and assets outside Libya over the past five days.

A sign that the implosion may at last be happening is the reported transfer of money. Some of it has gone to Algerian accounts, according to a source in contact with the banking network that is said to be conducting the transactions.


Today 8:23 AM Clashes Break Out Near Gaddafi Compound, Tanks Firing

Heavy clashes have broken out near Moammar Gadhafi's compound in the Libyan capital.

Rebel spokesman Mohammed Abdel-Rahman says that tanks emerged from the complex, known as Bab al-Aziziya, early Monday and began firing.

An Associated Press reporter at the nearby Rixos Hotel where foreign journalists are staying could hear gunfire and loud explosions that have been going on for more than 30 minutes.

Live Blog on The Guardian and BBC and Al Jazeera and Al Arabiya