Though Libya’s short-term oil potential is waning, officials at a Malta summit said they were confident economic prosperity would come to the nation’s people. The board of directors at the Libyan Investment Authority met in Malta for their first annual meeting this week as violence lingers in the North African country. LIA Chairman Hassan Bouhadi said the investment authority is independent from political issues in a dividing country. “LIA’s assets are protected and the fund aims to develop these investments to establish economic prosperity for the Libyan people,” he was quoted Thursday by the Libya Herald as saying. U.S. Ambassador to Libya Deborah K. Jones wrote in a February piece in the Libyan newspaper the country may go broke if oil continues to get caught in the cross fire. […]