Libya Short Update: Nasty Crush Down

Things have turned rather nasty. Protests happen one by one in the North Africa, and now things have turned nasty in Libya. Gaddafi is desperately clinging to power, with mercenary opening fire to protestors. Air Force has been ordered to crush the protestors (which is quite unheard of), and two Air Force pilots have defected, and are seeking asylum in Malta.

Read more:

Financial Times: Desperate Gaddafi clings to power

BBC: Libya protests: Thousands of foreigners flee violence

Reuters: Stock index futures drop on Libya tensions

New York Times: Oil Spikes and Stocks Fall as Unrest Intensifies

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About Zarathustra

Zarathustra: Founder and Managing Editor of Also sprach Analyst. Once an analyst, now an investor and entrepreneur. Based in Hong Kong, but Londoner at heart.