Libya Evacuation

The Canadian Forces will send a 13 member team to help bring foreign nationals out of Libya. Approximately 100 000 people have been evacuated so far. Among them, 250 Canadians.

Leader Muammar Gadhafi laughed off the revolution in his country during an interview yesterday with the foreign press. He said that all his people support him and that Al Qaeda is to blame for any violence. The UN estimates that 1000 people have died in the conflict.

Canada and the US have called for Gadhafi to step down and imposed severe sanctions. Canada has done its part by banning Canadian companies from doing business with Libya. Meanwhile the US has frozen 30 billion in Libyan assets. The largest sanction order in US history.

The conflict in Libya has already created a stir in world oil prices. Traders fear that the political instability will spread past Libya to other OPEC countries.

Gadhafi has made no sign that he will be stepping down anytime soon.