An imprisoned Libyan army colonel says Moammar Gadaffi’s regime is riddled with divisions and is in the process of collapse.
Libya’s rebel leader sacked the executive office of his de-facto government on Monday in a move to end a crisis after the death of a rebel general.
Libyan rebels have battled to defend their gains in the face of an offensive by troops loyal to Muammar Gaddafi, holding on to strategic Bir Ghanam.
Rebels have claimed control of Brega, a major centre for oil pipeline channelling, on Monday as most pro-Gaddafi troops retreated westward.
Libyan rebels were poised to retake Brega after breaching the oil refinery town’s defences, buoyed by the recognition of their administration.
Shelling by forces loyal to Muammar Gaddafi killed 11 people and wounded dozens more — the majority civilians — around the besieged city of Misrata.
Buoyed by French arms drops and intensified Nato air strikes on the regime’s frontline armour, Libya’s rebel army said it is poised for an offensive.
US President Barack Obama unveiled a $3,73-trillion spending plan for 2012 on Monday, proposing a raft of spending cuts and tax hikes.
The US imposed sanctions on Zimbabwe’s Attorney General for his alleged role in undermining the crisis-ridden African nation’s democracy.
World markets were thrown into turmoil on Wednesday as investors worried that US growth is coming coughing and spluttering to a halt.