Current：Home > InvestWhy oil in Guyana could be a curse-LoTradeCoin
Why oil in Guyana could be a curse
View
Date：2024-12-23 20:32:24
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！ (8943)
Related
- How Leonardo DiCaprio Celebrated His 50th Birthday
- Young Black and Latino men say they chose Trump because of the economy and jobs. Here’s how and why
- Reds honor Pete Rose with a 14-hour visitation at Great American Ball Park
- Satellite images and documents indicate China working on nuclear propulsion for new aircraft carrier
- Natural gas flares sparked 2 wildfires in North Dakota, state agency says
- Trump breaks GOP losing streak in nation’s largest majority-Arab city with a pivotal final week
- A Pipeline Runs Through It
- Fire crews on both US coasts battle wildfires, 1 dead; Veterans Day ceremony postponed
- RHOBH's Kyle Richards Addresses PK Kemsley Cheating Rumors in the Best Way Possible
- Quincy Jones laid to rest at private family funeral in Los Angeles
Ranking
- Trump's election has women swearing off sex with men. It's called the 4B movement.
- World War II veteran reflects on life as he turns 100
- Dwayne Johnson Admits to Peeing in Bottles on Set After Behavior Controversy
- AIT Community Introduce
- Michigan soldier’s daughter finally took a long look at his 250 WWII letters
- Miami Marlins hiring Los Angeles Dodgers first base coach Clayton McCullough as manager
- Climate Advocacy Groups Say They’re Ready for Trump 2.0
- NFL playoff picture Week 10: Lions stay out in front of loaded NFC field
Recommendation
Stock market today: Asian stocks dip as Wall Street momentum slows with cooling Trump trade
Don't Miss This Sweet Moment Between Taylor Swift and Travis Kelce's Dads at the Kansas City Chiefs Game
A growing and aging population is forcing Texas counties to seek state EMS funding
A crowd of strangers brought 613 cakes and then set out to eat them
Chris Martin and Gwyneth Paltrow's Son Moses Martin Reveals His Singing Talents at Concert
Kalen DeBoer, Jalen Milroe save Alabama football season, as LSU's Brian Kelly goes splat
Suspect arrested after deadly Tuskegee University homecoming shooting
'Climate change is real': New York parks employee killed as historic drought fuels blazes