The Tiny Nation Suddenly Swimming In Oil
Big Take18 Nov 2022

The Tiny Nation Suddenly Swimming In Oil

What happens when a small country all of a sudden strikes it fantastically rich? The South American country of Guyana, is finding out in a big way. A nation of just 800,000 people, its economy centered on agriculture and mining–until 2015, when Exxon discovered a massive oil field beneath Guyana’s territorial waters.

Now, Guyana is flush with oil riches. Monte Reel, a Bloomberg investigative reporter, joins this episode to tell the story of the unusual way the government plans to spend some of it– future-proofing the country from rising water that threatens its shores. But in 2015, Guyana — more specifically Exxon — struck oil. Billions and billions of barrels worth of oil. Now the country is going all in on its oil discovery — even as it navigates a warming planet.

Monte Reel is an investigative reporter for Bloomberg and recently spent time in Guyana. He joins this episode to share how this small country is navigating this massive influx of oil money.

Learn more about this story here: https://bloom.bg/3UMLv2P

Listen to The Big Take podcast on iHeart, Apple Podcasts, Spotify.

Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK

Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.

See omnystudio.com/listener for privacy information.

Avsnitt(855)

After Trump's Major Tariff Setback, The World Asks: What Now?

After Trump's Major Tariff Setback, The World Asks: What Now?

From Brussels to Beijing, the United States’ largest trading partners are digesting the Supreme Court’s decision to overturn President Trump’s signature tariffs — along with his threats to impose new,...

23 Feb 17min

SCOTUS Strikes Down Trump’s Tariffs

SCOTUS Strikes Down Trump’s Tariffs

The US Supreme Court on Friday handed President Donald Trump one of the biggest losses of his second term, striking down his signature tariff plan. On today’s Big Take podcast, Sarah Holder talks to o...

20 Feb 18min

The Sixth Bureau Episode 3: Suck, Squeeze, Burn, Blow

The Sixth Bureau Episode 3: Suck, Squeeze, Burn, Blow

In Episode 3 of The Sixth Bureau, a series from The Big Take, we follow a spy from China’s Ministry of State Security to the Paris Air Show, and then watch him develop a valuable source, despite his b...

20 Feb 21min

Trump’s Plan to Dismantle the Department of Education

Trump’s Plan to Dismantle the Department of Education

The Department of Education has been a target of critics for decades. Republicans in the Oval Office have repeatedly tried to shrink the agency, and in his second term, President Trump has vowed to el...

19 Feb 19min

The Race to Buy Real Estate in Mecca

The Race to Buy Real Estate in Mecca

For the first time in history, Saudi Arabia is allowing international buyers to purchase property in Mecca. This regulatory shift has ignited a building boom, raising concerns over affordability and o...

18 Feb 17min

Where’s the Beef? Inside the Fragile Cattle Market

Where’s the Beef? Inside the Fragile Cattle Market

Inflation in the US has cooled from pandemic peaks, but there’s a grocery product telling a different story: beef. The price of uncooked ground beef soared by the most since June 2020 in government da...

17 Feb 14min

The Sixth Bureau, Episode 2: The Spy’s Diary

The Sixth Bureau, Episode 2: The Spy’s Diary

In Episode 2 of The Sixth Bureau, a limited-run series from The Big Take, we learn how China’s Ministry of State Security recruits experts in the West — and why intelligence officers shouldn’t keep th...

13 Feb 30min

The Sixth Bureau, Episode 1: Your Friend From Nanjing

The Sixth Bureau, Episode 1: Your Friend From Nanjing

It’s an open secret that the Chinese government has engaged in a global campaign to acquire intellectual property from foreign rivals. At the center of that campaign is the Ministry of State Security,...

13 Feb 12min

Populärt inom Politik & nyheter

aftonbladet-krim
svenska-fall
p3-krim
rss-krimstad
spar
fordomspodden
flashback-forever
rss-sanning-konsekvens
aftonbladet-daily
rss-vad-fan-hande
motiv
rss-expressen-dok
rss-frandfors-horna
dagens-eko
rss-krimreportrarna
politiken
blenda-2
rss-aftonbladet-krim
rss-flodet
olyckan-inifran