Current：Home > StocksWhy oil in Guyana could be a curse -Zenith Investment School
Why oil in Guyana could be a curse
TrendPulse Quantitative Think Tank Center View
Date：2025-04-06 18:08:46
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！ (175)
Related
- The Best Stocking Stuffers Under $25
- You’ll Flip Over Simone Biles and Gabby Thomas' Meet Up With Caitlin Clark
- Sigourney Weaver chokes up over question connecting her movie roles to Kamala Harris' campaign
- What does ENM mean? Your polyamory questions, answered.
- North Carolina justices rule for restaurants in COVID
- J.D. Martinez pays it forward, and Mets teammate Mark Vientos is taking full advantage
- Massachusetts health officials report second case of potentially deadly mosquito-borne virus
- Ex-DC police officer is sentenced to 5 years in prison for fatally shooting man in car
- Trump issues order to ban transgender troops from serving openly in the military
- Zzzzzzz: US Open tennis players take naps before matches, especially late ones
Ranking
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Trump to visit swing districts in Michigan and Wisconsin as battleground campaigning increases
- Florida set to execute Loran Cole in FSU student's murder, sister's rape: What to know
- Zappos Labor Day 60% Off Sale: Insane Deals Start at $10 Plus $48 Uggs, $31 Crocs & $60 On Cloud Sneakers
- 'Most Whopper
- University of Delaware student killed after motorcyclist flees traffic stop
- Map shows 18 states affected by listeria outbreak tied to Boar's Head deli meat
- Mike Tyson says he uses psychedelics in training. Now meet some of the others.
Recommendation
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
Nikki Glaser set to host 2025 Golden Globes, jokes it might 'get me canceled'
J.D. Martinez pays it forward, and Mets teammate Mark Vientos is taking full advantage
11th Circuit allows Alabama to enforce its ban on gender-affirming care for minors
Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
Texas must build hundreds of thousands of homes to lower housing costs, says state comptroller
Hiker left on Colorado mountain by coworkers stranded overnight in freezing rain, high winds
Florida inmate set for execution says he endured 'horrific abuse' at state-run school