Gaddafi threatens west, says will invite India and China

[This was a remarkable speech, very revealing of desperate appeals and strategies, as the arrogance of a long-term power flails about in a world of relations now deeply shaken by crisis and rebellion. — Frontlines ed.]
Brega, March 02, 2011
Leader Muammar Gaddafi on Wednesday threatened that Libya will replace western banks, oil firms and companies by others from China, India, Russia and Brazil.

Speaking on Wednesday on state television, Gaddafi claimed that Libya’s oil fields and ports are “safe” and “under control.”

He spoke in the capital Tripoli as his forces were launching a counteroffensive on Wednesday against the rebel held eastern half of the country.

His forces battled government opponents for control of a key oil installation and airstrip on the Mediterranean coast.

Digging in his heels, a defiant Muammar Gaddafi refused to give up power and claimed that the anti regime protests were part of a conspiracy to grab the oil resources of Libya.

Gaddafi again blamed Al Qaeda for the challenge to his 41 year iron fisted rule, saying the objective was to control Libya’s land and oil, and promised to fight to the last man and woman. Continue reading