Sentences with phrase «of oil wealth»

Today, the remains of that oil wealth can be seen in the form of the beautiful Art Deco buildings and elaborate gardens that line its downtown districts.

«This multi-billion dollar pipeline project had a human cost: the cost was people who did not receive the share of oil wealth running under their feet; people whose rights were violated, who have lost their farmlands and livelihoods at the cost of the pipeline that carries energy, but not for them,» Effendi told the FiftyCrows Foundation for social change photography.

Leaders must also take a long - term approach to the management of oil wealth to ensure the region can meet the challenges of food and water shortages, rising population levels and global warming.

Some supported the proposal on equity and fairness grounds, since elites were already perceived to benefit disproportionately from the state's resources, through special - interest appropriations of oil wealth, and because it would bring a huge benefit to low - income Alaskans and those living at a subsistence level.

The decentralisation of oil wealth will also break - up governments» ownership of petrodollar wealth and lead to improved transparency, good governance and trust among the Arab people.

When Libya was a poor desert economy prior to 1961, central planning and streamlined infrastructural budgets were not yet necessary; however, with the influx of oil wealth post-1961, federalism needed to be abandoned when the inefficiencies it fostered impeded the rapid development of Libya that would otherwise have been possible.

Not exact matches

In Vancouver, according to condo marketer Bob Rennie, between 60 % and 80 % of all real estate sales in the city's West Side are now to mainland Chinese, while markets like Calgary and Saskatoon have soared thanks to all the new oil and potash wealth.

Also, notwithstanding a silly fiscal policy and the ongoing political impasse, the U.S. economy has some very good things going for it now, as even king of doom, Nouriel Roubini, couldn't help but note: the Fed is going to stick to its asset - buying regime for the foreseeable future, providing a monetary protein shake the recovery still very much needs; the housing rebound is well on its way, which is helping Americans rebuild their wealth and is boosting employment in many states with high jobless rates; and the shale oil and gas revolution continues to power investment, job creation and revenue growth.

It's about the oil, of course, but beyond that observation lies a wealth of other factors, such as denying that oil to others who you might want to influence.

Take that funding away and the market settles back into something more closely aligned with the underlying reality — the one of high unemployment / underemployment, high oil prices, stagnant middle - and lower - class incomes, unprecedented wealth concentration in the upper class, demolished savers, under - investment in capital, and an ongoing transition to a low - wage service economy hard - pressed to service debt.

The pro-independence Scottish government says Scotland would be entitled to 90 per cent of Britain's oil wealth — based on divvying up the two countries» waters — but only liable for about 8 per cent of its 1.3 trillion pound ($ 2.1 trillion) national debt, based on its share of the U.K. population.

But the wealth generated by oil far outstrips the wealth of alternatives, and until that profit flow reverses then the status quo in the U.S. will pursue Oil and Empire until the U.S. economy and dollar implooil far outstrips the wealth of alternatives, and until that profit flow reverses then the status quo in the U.S. will pursue Oil and Empire until the U.S. economy and dollar imploOil and Empire until the U.S. economy and dollar implode.

From the carefully groomed, designer suit - clad media wealth manager, to the tweed jacket and signet ring of the chap who dealt with the landed gentry, to the oil wealth manager's keffiyeh, the private wealth managers were carefully selected to make the best possible connection with their clients.

Saudi Arabia used to be a quiet giant in the Middle East, more than happy to be the world's largest source of oil, minting petrodollars and spreading the wealth, internally, to keep the powers that be in charge and the populace placated.

The governor wants legislators to pass his deficit - reduction package, which includes reinstating the state income tax and overhauling the state's $ 50 billion so - called Permanent Fund, which pays the annual dividends every Alaskan receives, representing their share of the state's cumulative oil wealth.

It's not too much of an exaggeration to say the 2012 budget was inspired by, and might as well have been written by, Ethical Oil, the oil - patch advocacy group inspired by an Ezra Levant book, and by Vivian Krause, a British Columbia blogger who spins tales of foreign meddling in Canada's mineral wealOil, the oil - patch advocacy group inspired by an Ezra Levant book, and by Vivian Krause, a British Columbia blogger who spins tales of foreign meddling in Canada's mineral wealoil - patch advocacy group inspired by an Ezra Levant book, and by Vivian Krause, a British Columbia blogger who spins tales of foreign meddling in Canada's mineral wealth.

Considered the blue collar city of Alberta's oil patch, much of the wealth comes from tradespeople who work in the oil sands.

(Wealth of Common Sense) • The shale oil revolution is in danger (Fortune) see also 26 Earthquakes Later, Fracking's -LSB-...]

Representing 36 percent of Russia's territory, the Russian Far East is geopolitically significant for Russia due to its access to the Asia Pacific and the region's wealth of natural resources, including oil and gas, iron ore and copper, other minerals, and precious metals.

JULY 2012: Mitchell Anderson, as part of a larger project in collaboration with Tides Canada reporting on Canada's transition to cleaner energy, travels to Norway and a files widely read stories on how that nation has gained far more wealth from its oil reserves than has Alberta.

A lot of wealth has been created in the past decade and it has been conventional — in real estate and oil and gas,» he says.

In terms of wealth transfers (ignoring price differentials), that's a wash for us and a loss for the U.S. and a gain for the country from which we buy oil on the east coast.

The ongoing oil price collapse is having a severely negative impact on the wealth of those who own oil reserves.

Eventually, Rockefeller's oil operations became so vast that he could fund all of his expansion efforts from his own profits, but there was a point in time in which Morgan was mad as hell that he couldn't get an asset override on Rockefeller's wealth, and you better believe there is a take - home lesson in that anecdote.

His travels took him on a whirlwind sojourn, from the massive shale gas deposit in the Marcellus Formation to Alberta's remote oil sands region, helping his readers build life - changing wealth every step of the way.

But Albert Brenner, director of asset allocation strategy at People's United Wealth Management in Connecticut, expects it to hit 2 percent or more this year, depending on oil prices.

The sovereign wealth funds of oil - producing nations are liquidating non-energy assets or at least not buying them.

Political turmoil in the region threatens to stunt any equity - market rallies, but the oil - producing countries of the Gulf have strong economies and active sovereign wealth and private equity funds.

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All the oil sheiks should have poured the oil wealth back onto their people, ending poverty and unemployment, etc etc. instead of buying yachts and skyscrapers.

Their emphasis on self - sufficiency and frugality - so complete that questions should arise how Diogenes ever procured a lantern and why he was wasting oil in a search so futile - is the result of a long tradition of praise of poverty, culminating in their view that wealth is qualitative, the internal condition of virtue, to which only poverty can lead.

The wealthy own large portions of oil stocks and are heavily dependent upon consumption of gasoline for their continued wealth.

Well, the last time Americans had a president who was psychologically «programmed» to ignore facts that didn't agree with his beliefs, the USA ended up wasting $ 1T in an illegal war to «liberate» 100's of billions of barrels of Iraqi oil (as many as 1.2 M people died in the process due to violence, disease & starvation resulting from the conflict), nearly $ 5T was added to the U.S. federal debt, a man with experience as the Judges and Stewards Commissioner for the International Arabian Horse Association was put in charge of the Federal Emergency Management Agency (FEMA), the U.S. subprime credit «bubble» expanded hugely & then imploded, wiping out some $ 14T in global wealth & destroying millions of jobs, etc..

The word Diwali itself means «festival of lamps», because houses and public spaces are decorated with scores of small oil lamps in honor of the goddess Lakshmi, to whom Hindus pray to for success and wealth.

There is, however, the beginning of a renaissance in Kuwait and Bahrein because of the wealth brought by oil royalties.

The new wealth of the oil - rich countries, on the other hand, flowed into European and American banks, which were eager to lend.

Then there are the consequences of national wealth being dependent on oil.

You're buying into the lie, because there are and have been people in power who want us to continue to decimate our economy and our nation, pouring all of our wealth into the hands of a few weapons manufacturers and oil corporations.

The god we read about in the Bible tells us to obey the government no matter what, and pay our taxes so our armies can go steal the oil and wealth of other countries, and imprison innocent people.

And today it is the cultural imagination of the Islamic world» not its oil wealth or official foreign policies» that makes the region so volatile.

The OPEC countries were able to obtain a considerable share of the wealth of the world by combining to raise the price of their oil exports.

This is even more true once you exclude countries that have the windfall of immense oil wealth.

and would add if the same management structure hadn't lied to fans about how all this would allow us to compete with top teams in Europe with... with exception of PSG... are not driven by oil wealth or megalomanic owners... of course none of this has anything to do with the footballing errors consistently made by wenger and which if corrected would at least give us a BETTER shot at winning top trophies than has been the case over the last dozen or so years

Can Oil country based wealth funds squander their money of football.

Mansour's personal wealth ran into the tens of billions of pounds due in part to his control of vast oil reserves in the UAE and numerous other investments, including a stake in Virgin Galactic and Sky News Arabia.

The oil rich countries who have gained wealth through the luck of geology rather than centuries of industrial development are amongst the worst culprits.

Ever since oil wealth took over the funding of PSG in 2012, many coaches have come and gone and in each case were deemed to have come short of the club's ultimate goal.

Many families want the advice and natural birth expertise that Midwives have to offer, and want to take advantage of a wealth of information about herbal, homeopathic and essential oil remedies, but would feel safer birthing in a hospital or birth center setting, or perhaps have a physical condition that does not allow for home birth.

Most state - owned companies — such as the oil giant Petrobras in Brazil, state - owned banks in India, and state - owned enterprises in China — are wasteful and corrupt of which I give ample evidence in my book, The Public Wealth of Nations (co-authored with Dag Detter).

Many oil or mineral rich monarchies or authoritarian regimes use nationalized / royalty owned oil and / or mineral wealth to dramatically limit domestic taxation and to fund a welfare state for average citizens, sometimes with straight cash dispersals, sometimes with heavily subsidized prices for certain essentials of life, and sometimes by heavily subsidizing services like health care and education.