Loyalist forces of dictator Muammar Gaddafi have started a counter-offensive to retake the Red Valley region near their stronghold Sirte, a spot that the Libyan rebels claimed to have conquered a day earlier. Gaddafi forces are reported to have fired rockets and artillery shells to recapture Red Valley, 60 km east of Sirte, and one of the lines of defense for the Gaddafi troops in Sirte, Al Jazeera reported. The even though the rebel government, the Transitional National Council in Libya, announced the capture of Red Valley on Thursday, sporadic fighting continued on Friday morning. The fighting near another one...