Current:Home > ScamsWhy oil in Guyana could be a curse -ClearPath Finance
Why oil in Guyana could be a curse
View
Date:2025-04-17 19:12:18
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! (35)
Related
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Former New Mexico football player convicted of robbing a postal carrier
- Billy Joel's 100th residency special on CBS cut during pivotal 'Piano Man' performance
- Supreme Court allows Idaho to enforce its ban on gender-affirming care for transgender youth
- Arkansas State Police probe death of woman found after officer
- Free People Sale Finds Under $50 You Won't Regret Adding to Your Cart
- 2 sought for damaging popular Lake Mead rock formations
- What to know about the prison sentence for a movie armorer in a fatal shooting by Alec Baldwin
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- In war saga ‘The Sympathizer,’ Vietnamese voices are no longer stuck in the background
Ranking
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- 'Real Housewives of Potomac' star Robyn Dixon reveals she was 'fired' from series
- Candiace Dillard Bassett is pregnant, reveals this influenced 'Real Housewives of Potomac' departure
- Michaela Jaé Rodriguez Shares How She's Overcoming Her Body Struggles
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- WNBA commissioner sidesteps question on All-Star Game in Arizona - an anti-abortion state
- Serena Williams says she'd 'be super-interested' in owning a WNBA team
- Why is tax day on April 15? Here's what to know about the history of the day
Recommendation
Where will Elmo go? HBO moves away from 'Sesame Street'
Democrats seek to seize control of deadlocked Michigan House in special elections
The Most Popular Celebrities on Cameo That You Should Book ASAP
Outrage after Texas retiree hit with $10,000 in cosmetics charges after visit to mall kiosk
Meta releases AI model to enhance Metaverse experience
Las Vegas lawyer and wife killed amid custody fight for children from prior marriage, family says
Horoscopes Today, April 15, 2024
O.J. Simpson’s Estate Executor Speaks Out After Saying He’ll Ensure the Goldmans “Get Zero, Nothing”