LIBYA
March 31st, 2010 | 
Author: 
The Socialist People's Libyan Arab Jamahariya, located on the north-central coast of Africa between Tunisia and Egypt, has an area of 679,358 sq. mi. (1,759,540 sq. km.) and a population of 3.9 million. Capital: Tripoli. Crude oil, which accounts for 90 per cent of the export earnings, is the mainstay of the economy.
Libya has been subjected to foreign rule throughout most of its history, various parts of it having been ruled by the Phoenicians, Carthaginians, Vandals, Byzantines, Greeks, Romans, Egyptians, and in the following centuries the Arabs' language, culture and religion were adopted by the indigenous population. Libya was conquered by the Ottoman Turks in 1553, and remained under Turkish domination, becoming a Turkish vilayet in 1835, until it was conquered by Italy and made into a colony in 1911. The name 'Libya', the ancient Greek name for North Africa exclusive of Egypt, was given to the colony by Italy in1934. Libya came under Allied administration after the fall of Tripoli on Jan. 23, 1943, divided into zones of British and French control. On Dec. 24, 1951, in accordance with a United Nations resolution, Libya proclaimed its independence as a constitutional monarchy, thereby becoming the first country to achieve independence through the United Nations. The monarchy was overthrown by a coup d'etat on Sept. 1, 1969, and Libya was established as a republic.
RULERS
Idris I, 1951-1969
MONETARY SYSTEM
10 Milliemes = 1 Piastre
100 Piastres = 1 Pound
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