March 17, 2011, 6:47 p.m. EDT

U.N. backs no-fly zone, strikes in Libya

By Wallace Witkowski

SAN FRANCISCO (MarketWatch) -- The United Nations Security Council voted 10 to 0 supporting the use of "all necessary measures" including the use of a no-fly zone to protect civilians and rebel forces in Libya from forces loyal to Col. Moammar Gadhafi. Russia and China, which held veto powers, abstained from the vote, along with three other council members. The passing of the measure is expected to lead to U.N.-backed military strikes in Libya within hours, according to media reports


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