Current：Home > MarketsWhy oil in Guyana could be a curse -StockPrime
Why oil in Guyana could be a curse
View
Date：2025-04-14 14:44:16
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！ (83913)
Related
- North Carolina justices rule for restaurants in COVID
- FBI tells Alaska Airlines passengers on flight that had midair blowout that they may be victim of a crime
- Kansas started at No. 1 and finished March Madness with a second-round loss. What went wrong?
- Mega Millions jackpot soars $1.1 billion. This one number hasn't won for months in lottery
- Trump wants to turn the clock on daylight saving time
- This NBA star always dreamed of being a teacher. So students in Brooklyn got the substitute teacher of a lifetime.
- Former GOP Virginia lawmaker, Matt Fariss arrested again; faces felony gun and drug charges
- How a suspicious package delivered to a Colorado dentist's office sparked a murder investigation
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- NCAA replaced official during NC State vs. Chattanooga halftime in women's March Madness
Ranking
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Kansas started at No. 1 and finished March Madness with a second-round loss. What went wrong?
- Pennsylvania teen accused of killing 12-year-old girl, sentenced to 15 to 40 years
- Former Rep. George Santos says he's leaving the Republican Party, will run as an independent
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- Ditch Bad Hair Days for Salon-Worthy Locks With Amazon Deals Starting at $4: T3, Joico, Olapex & More
- Former Filipino congressman accused of orchestrating killings of governor and 8 others is arrested at golf range
- This Size-Inclusive Jumpsuit is on Sale for Just $25 During Amazon's Big Spring Sale
Recommendation
Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
Princess Kate has cancer. How do you feel now about spreading all those rumors?
Women’s March Madness live updates: Today’s games and schedule, how to watch and stream
Nevada’s first big-game moose hunt will be tiny as unusual southern expansion defies climate change
Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
What's in a name? Maybe a higher stock. Trump's Truth Social to trade under his initials
Book excerpt: Age of Revolutions by Fareed Zakaria
Pennsylvania teen accused of killing 12-year-old girl, sentenced to 15 to 40 years