bullish
Will Exxon Make or Break Guyana?
SUMMARY
- Guyana is experiencing rapid development and construction due to Exxonmobil's discovery of an oil reservoir off its coast
- The oil discovery is expected to bring in over $100 billion to Guyana's government, potentially lifting many out of poverty
- However, there are concerns about how the wealth from the oil boom will be managed and whether it will benefit the general population or lead to corruption and instability
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.
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