Here is a transcript of last night’s speech by President Obama on Libya. Also Read: Beyonce’s father splits as manager THE PRESIDENT: Tonight, I’d like to update the American people on the international effort that we have led in Libya –- what we’ve done, what we plan to do, and why this matters to us. […]

Washington — Bolivian President Evo Morales and Russian lawmaker Vladimir Zhirinovsky are two of the many political figures who are calling for President Obama’s Nobel Peace Prize to be revoked after the Libyan bombings. RELATED: Shortest Celebrity Marriages “These developments in Libya are another outrageous act of aggression by NATO forces and, in particular, the […]

The United Nations moved forward on a no-fly zone resolution in Libya and military action has begun to protect civilians on the ground. Despite international pressure on Gadhafi, President Obama has received a lot of criticism saying that he has not done enough while others believe he has gone too far. The U.S. seems to […]

WASHINGTON — The four-day air assault in Libya will soon achieve the objectives of establishing a no-fly zone and averting a massacre of civilians by Moammar Gadhafi’s troops, President Barack Obama said Tuesday, adding that despite squabbling among allies, the United States will hand off control of the operation to other countries within days. ALSO […]

Libya– Col. Moammar Gadhafi’s threats to destroy his country’s oil fields has caused oil prices to skyrocket to prices comparable to 2008, during the war in Iraq. The vice president of energy at MF Global warns that if gas prices continue to grow, by May, “it will cripple the economy”. Experts say that U.S. consumers […]