International Investing

For several years now, six Bulgarian nurses have stood accused by the Libyan state of infecting hundreds of patients with HIV. Ergo, said the Libyan government, they must die.
Libya was not exactly forthcoming by international standards, and the EU has frothed with outrage for years, refusing to do any business with Libya until the case was resolved in a mutually credible manner. As Libya has surrendered its WMD programs, paid reparations for the Lockerbie terrorist attack, opened its borders to foreign investment (without confiscating it), and drastically improving its behavior towards the West in general, the European Union has continued to reject any dealing with Libya until the case is resolved.

Libya has finally allowed the nurses to be repatriated to Bulgaria, under the pretense that they can “visit their families” before coming back to Libya to spend life sentences in jail (as opposed to death). That won’t happen, the case is effectively closed, and business between Libya and the West will now begin in earnest.

Expect Libya to experience a major bull market in everything over the next decade.