Wednesday, April 05, (Belize vacation) 2006

Wednesday, April 05, 2006
Two stories in the papers this morning about the paradoxical resource curse that so often befalls poor countries unlucky enough to be rich in things like crude oil and precious minerals (but not rich enough to exploit those riches themselves): One is from the New York Times about mining operations in Papua ; the other, from the Los Angeles Times , is set in Belize, and stars a cast of characters
Source: www.sierraclub.org

Chevron Production 40 Percent Up
Luanda, 03/27 - The American Oil Company (Chevron), which produces 481,000 barrels a day in Angola, predicts a growth in production of up to 40 per cent during the 2005/2008 period.
Source: www.angolapress-angop.ao