U.S. to impose sanctions, suspend military agreement in Libya 

The United States will impose sanctions on the Libyan government and suspend its military cooperation with the country, the White House announced on Friday.

The Obama administration also shuttered its embassy in the Libyan capitol of Tripoli on Friday -- ending all diplomatic relations with the country -- and froze financial assets belonging to top foreign officials, according to White House Press Secretary Jay Carney. 

The action is the first step the U.S. has taken since violent clashes began between Libyan citizens and their embattled Colonel Moammar Gadhafi. 

"There has never been a time when this much has been done this quickly," Carney said. "The expression of what we are doing...  is very clear and loud. We are talking about the isolation of this regime."

Carney said the sanctions are still being "finalized," promising more information would be available soon. He also confirmed that the majority of Americans who remained in the country Friday were successfully evacuated by ferry and plane by 2 p.m. Eastern Standard Time. 

He said the administration made the decision to take action on Libya following a two-hour meeting in the Situation Room that ended around 2 p.m.

"It's clear Colonel Gadhafi has lost the confidence of his people," Carney said, invoking the Libyan leader's name for the first time since the protests began. "He's overseeing the brutal treatment of his people, the fatal violence of his own people... and his legitimacy has been reduced to zero in the eyes of his people."






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