Current:Home > MarketsChainkeen Exchange-Why oil in Guyana could be a curse -Aspire Money Growth
Chainkeen Exchange-Why oil in Guyana could be a curse
Will Sage Astor View
Date:2025-04-07 20:11:55
In 2015,Chainkeen Exchange 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! (38132)
Related
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Travis Kelce Reacts All Too Well to His Date Night With Taylor Swift in NYC
- Fantasy football Week 7: Trade value chart and rest of season rankings
- Human Head Found in Box on Chicago Sidewalk
- Military service academies see drop in reported sexual assaults after alarming surge
- 'Love is Blind' Season 7: When do new episodes come out? Who is still together?
- Kanye West Allegedly Told Wife Bianca Censori He Wanted to Have Sex With Her Mom While She Watched
- Dolphins expect Tua Tagovailoa to play again in 2024. Here's what we know.
- A South Texas lawmaker’s 15
- NFL Week 6 winners, losers: Bengals, Eagles get needed boosts
Ranking
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Adam Levine Crashes Wife Behati Prinsloo’s Workout Ahead of Victoria’s Secret Fashion Show
- Richard Allen on trial in Delphi Murders: What happened to Libby German and Abby Williams
- Is Capital One Financial stock a buy before Oct. 24?
- See you latte: Starbucks plans to cut 30% of its menu
- Leaf-peepers are flocking to see New England’s brilliant fall colors
- The U.S. already has millions of climate refugees. Helene and Milton could make it worse.
- Video captures worker's reaction when former president arrives at McDonald's in Georgia
Recommendation
Current, future North Carolina governor’s challenge of power
Aaron Rodgers rips refs for 'ridiculous' penalties in Jets' loss: 'Some of them seemed really bad'
Lupita Nyong'o Breaks Down in Tears Detailing Grief Over Black Panther Costar Chadwick Boseman’s Death
Lupita Nyong'o Breaks Down in Tears Detailing Grief Over Black Panther Costar Chadwick Boseman’s Death
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
Woman was left with 'permanent scarring' from bedbugs in Vegas hotel, suit claims
United States men's national soccer team vs. Mexico: How to watch Tuesday's friendly
Drone footage shows destruction left by tornado ripping through Florida solar farm before Milton