The government in the eastern part of Libya resigned after four days of protests against cash shortages, frequent power cuts and increasingly high fuel prices

The declaration of a ceasefire in war-torn Libya has raised hopes that a political solution can be reached and years of hostility ended. The war in Libya and the possible peace has great regional significance too.

Both the Government of National Accord and the House of Representatives which supports the Libyan National Army made announcements indicating an end to all hostilities, as well as the demilitarization of the cities of Sirte and Al-Jufrah

The decade-long conflict in Libya following the 2011 NATO invasion is now at a critical juncture, and may spiral into a regional war if no serious measures are taken to prevent such a situation

The warlord who had initially agreed to the ceasefire proposed by Russia and Turkey withdrew saying that it did not address his concerns. His rival group, the Government of National Accord, has already signed the agreement