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You're reading: Obama: Libya slipping from grasp of tyrant
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"The surest way for the bloodshed to end is simple: Moammar Gadhafi and his regime need to recognize that their rule has come to an end," Obama said in a statement issued during his vacation in Martha’s Vineyard, Massachusetts. "Gadhafi needs to acknowledge the reality that he no longer controls Libya. He needs to relinquish power once and for all."

Obama issued the statement after conducting a conference call with members of his national security team, who had kept him updated throughout the day.

The president had told reporters earlier that he would not make a statement "until we have full confirmation of what has happened."

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