When Western forces helped topple Libya's Moamer Kadhafi they forced hundreds of well-armed Tuareg fighters to flee home to Mali, tipping another fragile African state into chaos, experts say. And for some observers, the Western powers' role in helping trigger the crisis now gives them a responsibility to help try to end it. "It must be said and said again that the factor that unleashed all of this is the Western intervention in Libya," said Eric Denece, director of the French Centre for Intelligence Research (CF2R), a think tank. When Kadhafi's regime fell to a popular uprising backed by...
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SINGAPORE (Reuters) - A major Chinese ship insurer will halt indemnity cover for tankers carrying Iranian oil from July, dealing a blow that narrows the insurance options for Tehran's main export already constricted by payment barriers caused by Western sanctions. With Western sanctions on Tehran increasing, sources at the China P&I Club told Reuters on Thursday it did not want to stand alone in the market, especially after insurers in Japan and Europe plan to either limit or ban their own coverage for tankers operating in Iran. ... Czytaj więcej »