3:00pm

Thu May 5, 2011
Conflict In Libya

U.S. Wants Libyan Rebels To Have Frozen Funds

Secretary of State Hillary Clinton says the administration is trying to free some of the $30 billion of Libyan state funds frozen in the United States to help the rebels in Libya. Clinton is attending a meeting in Rome of the so-called "Libya Contact Group," where the Italian government said a special fund is being set up to channel money to rebel leaders in Benghazi. Two Arab Gulf states said they would make contributions to the fund: Kuwait promised $180 million, while Qatar said it would contribute between $400 million and $500 million.

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