Current:Home > ContactWhy oil in Guyana could be a curse -TradeWisdom
Why oil in Guyana could be a curse
TradeEdge Exchange View
Date:2025-04-08 15:17:12
In 2015, Guyana changed forever when ExxonMobil discovered major oil deposits off its coast. The impoverished South American country known for its thick rainforest was suddenly on course to sudden wealth.
But while a mining boom may seem like only a good thing, it can often be bad for countries long-term. Today on the show, how Guyana can still avoid the so-called resource curse.
Related episodes:
Norway has advice for Libya
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
veryGood! (4)
Related
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Tyler Reddick wins in overtime at Kansas Speedway after three-wide move
- Dolphins' Tyreek Hill after 215-yard game vs. Chargers: 'I feel like nobody can guard me'
- Some authors will need to tell Amazon if their book used AI material
- Trump's 'stop
- Ocean cleanup group deploys barges to capture plastic in rivers
- End may be in sight for Phoenix’s historic heat wave of 110-degree plus weather
- Biden's visit to Hanoi holds another opportunity to heal generational trauma of Vietnam War
- New data highlights 'achievement gap' for students in the US
- Ukraine: Americans back most U.S. steps for Ukraine as Republicans grow more split, CBS News poll finds
Ranking
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Here's how to ask for a letter of recommendation (and actually get a good one.)
- Bruce Arena quits as coach of New England Revolution citing 'difficult' investigation
- Kim Jong Un departs Pyongyang en route to Russia, South Korean official says
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Montana park partially closed as authorities search for grizzly bear that mauled hunter
- Nightengale's Notebook: Christian Walker emerging from shadows to lead Diamondbacks
- 'The Nun 2' scares up $32.6 million at the box office, takes down 'Equalizer 3' for No. 1
Recommendation
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
Tyler Reddick wins in overtime at Kansas Speedway after three-wide move
Christopher Lloyd honors 'big-hearted' wife Arleen Sorkin with open letter: 'She loved people'
Inside Shakira's Fierce New Chapter After Her Breakup With Gerald Piqué
NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
The United States marks 22 years since 9/11, from ground zero to Alaska
Call of Duty: How to fix error code 14515 in Modern Warfare 2
What to know about the Morocco earthquake and the efforts to help