Political Crisis, Libya Protest | featured news

Director of National Intelligence James Clapper said Thursday that the better-equipped forces of Libyan leader Muammar Gaddafi will over the long term prevail.

Libyan leader Moammar Kadafi's speech appears to put to rest rumors reported in some international media that the 68-year-old leader had been considering stepping down.In a defiant speech broadcast early Wednesday, Libyan leader Moammar Kadafi derided opponents who have seized the eastern half of the country as "traitors" and blamed foreigners and Al Qaeda for perpetrating the unrest roiling the North African state he has ruled for more than four decades.

The crisis in Libya again pushed oil prices higher as the New York Mercantile Exchange opened for trading Monday.

Opposition forces trying to reach Surt, the hometown of Moammar Kadafi, retreat to the desert outpost of Ras Lanuf after a ground and air assault.

As Libya moves toward civil war, reports of violence and casualties continue to mount between forces loyal to longtime leader Moammar Gadhafi and rebel fighters who refuse to let up until Gadhafi's rule ends.

Hundreds of demonstrators call for Moammar Kadafi's downfall in Tripoli but are quickly dispersed by security forces. Rebels continue to hold nearby Zawiya after an assault organized by one of the embattled leader's sons.

If the U.S. military is hesitant to enact a no-fly zone over Libya, the Army is capable of giving the opposition the capacity to use anti-aircraft defenses themselves, Sen. Joe Lieberman suggested Thursday.

The Libyan government has accepted a Venezuelan plan that seeks a negotiated solution to the uprising in the North African country, a spokesman for President Hugo Chavez said on Thursday.

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 Militias loyal to Moammar Gadhafi opened fire Friday on protesters streaming out of mosques and marching across the Libyan capital to demand the regime's ouster, witnesses said, reporting multiple deaths. In rebellious cities in the east, tens of thousands held rallies in support of the first Tripoli protests in days.

Moammar Gaddafi, Libya's strongman ruler, is commonly portrayed as an egomaniacal buffoon - an autocrat with an affinity for incomprehensible speeches and a flair for the melodramatic.