Current:Home > NewsJohnathan Walker:Why oil in Guyana could be a curse -TradeBridge
Johnathan Walker:Why oil in Guyana could be a curse
Indexbit Exchange View
Date:2025-04-08 07:45:47
In 2015,Johnathan Walker 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! (5417)
Related
- Meta donates $1 million to Trump’s inauguration fund
- Alex Jones keeps Infowars for now after judge rejects The Onion’s winning auction bid
- 'We are all angry': Syrian doctor describes bodies from prisons showing torture
- San Diego raises bar to work with immigration officials ahead of Trump’s deportation efforts
- South Korean president's party divided over defiant martial law speech
- New York Climate Activists Urge Gov. Hochul to Sign ‘Superfund’ Bill
- Man identifying himself as American Travis Timmerman found in Syria after being freed from prison
- When fire threatened a California university, the school says it knew what to do
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Dick Van Dyke credits neighbors with saving his life and home during Malibu fire
Ranking
- Tom Holland's New Venture Revealed
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Arizona city sues federal government over PFAS contamination at Air Force base
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Man who jumped a desk to attack a Nevada judge in the courtroom is sentenced
- Trump names Andrew Ferguson as head of Federal Trade Commission to replace Lina Khan
- Highlights from Trump’s interview with Time magazine
Recommendation
Meta releases AI model to enhance Metaverse experience
TikTok asks Supreme Court to review ban legislation, content creators react: What to know
With the Eras Tour over, what does Taylor Swift have up her sleeve next? What we know
'Wicked' sing
The 401(k) millionaires club keeps growing. We'll tell you how to join.
McConnell absent from Senate on Thursday as he recovers from fall in Capitol
Ohio Supreme Court sides with pharmacies in appeal of $650 million opioid judgment
A Malibu wildfire prompts evacuation orders and warnings for 20,000, including Dick Van Dyke, Cher