Current：Home > MarketsWhy oil in Guyana could be a curse -VisionFunds
Why oil in Guyana could be a curse
Poinbank Exchange View
Date：2025-04-08 10:06:02
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！ (889)
Related
- Why members of two of EPA's influential science advisory committees were let go
- How Sophie Turner Moved On After Her Divorce From Joe Jonas
- Man arrested in Audrii Cunningham's death was previously convicted on child enticement charges
- Michael Strahan’s Daughter Isabella Details “Horrible” First Round of Chemotherapy Amid Cancer Battle
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Revenue soars for regulated US sports betting industry in 2023; total bets spike, too
- Tom Holland Shares Euphoric Shoutout to Girlfriend Zendaya
- Why Khloe Kardashian Missed the People’s Choice Awards Over This Health Concern
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Woman, 4 children and 3 dogs found dead after suspicious fire at Missouri home
Ranking
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Replacement refs, Messi and Miami, USMNT hopefuls among biggest 2024 MLS questions
- First there were AI chatbots. Now AI assistants can order Ubers and book vacations
- Maine would become 27th state to ban paramilitary training under bill passed by House
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Death Valley — the driest place in the U.S. — home to temporary lake after heavy rain
- Taylor Swift's private jet tracker claps back, saying he's done 'nothing unlawful'
- 2 men charged with murder in shooting at Kansas City Chiefs parade that killed 1, injured 22
Recommendation
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
Beyoncé becomes first Black woman to claim top spot on Billboard’s country music chart
Remains found in remote Colorado mountains 33 years ago identified as man from Indiana
Widow, ex-prime minister, former police chief indicted in 2021 assassination of Haiti's President Jovenel Moïse
Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
Notorious ransomware provider LockBit taken over by law enforcement
Mom arrested after Instagram post about 5-year-old daughter helping wax adult clients
Federal student loans for nearly 153,000 borrowers are being automatically canceled, Biden says