The UN Security Council to impose tough sanctions on Muammar Qaddafi and his associates, including an arms embargo, travel ban, and asset freeze. The travel ban affects 15 people other than Mr. Qaddafi, while the asset freeze affects only six others, reported The Washington Post. In accordance with the UN measure, Spain today owned by Qaddafi, reported Reuters.
The United States and and European Union also announced sanctions of their own. In the US, sanctions include an asset freeze of $30 billion 鈥� the , according to The Wall Street Journal 鈥� and a working with any of Libya's state-owned companies, including the National Oil Corporation (NOC). The European Union has not yet disclosed details of its sanctions, which were approved March 1, but there are rumors, according to the Journal, that they linked to Qaddafi. Britain, Austria, and Germany announced asset freezes of their own ahead of the EU sanctions.
Switzerland, which is not an EU member, was the belonging to Qaddafi, on Feb. 24.
