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Clinton Challenges Walmart: Open store in Libya

Former President Bill Clinton has made an open challenge to Walmart: open a store in Libya in an effort to help create jobs in one of the world's most volatile countries.

In the opening session of the Clinton Global Initiative, Clinton challenged Mike Duke, CEO of Walmart, by asking, "If the new president of Libya asked you to open a store in Tripoli, would you consider it?"

Libyan President Mohamed Magariafis is listed among about 1,000 forum attendees, along with Egyptian President Mohammed Morsi.

Both Libya and Egypt face serious domestic troubles following the murder of U.S. Ambassador Christopher Stevens in the Libyan city of Benghazi earlier this month.

On Sunday, Clinton detailed a project sponsored by Proctor & Gamblewith the goal of providing 2 billion liters of clean drinking water every year to save the life of one child per hour in the developing world.

However, Clinton acknowledged that the long-term prospects for struggling countries and regions should be targeted towards educating workers, assisting them in gaining employment, or start their own businesses.

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