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Post by bot on Aug 22, 2011 7:16:00 GMT -5
Gadhafi's regime at 'tipping point': Obama HONG KONG (MarketWatch) - U.S. President Barack Obama said Sunday Moammar Gadhafi's regime had reached a "tipping point" and that the Libyan leader's grip over the country was slipping away, according to an Agence France-Presse report. In a written statement, Obama also called on Gadhafi to acknowledge that he is no longer in control. "Tonight, the momentum against the Gadhafi regime has reached a tipping point. Tripoli is slipping from the grasp of a tyrant," the report cited Obama as saying in a statement from the resort of Martha's Vineyard, where he is on vacation. Obama also said the U.S. recognized the Transitional National Council as Libya's legitimate governing authority, the report said.
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