Just 10 years ago, it was defined by desert sand and
rich oil reserves.
Not exact matches
There are no
oil riches, no veins of gold to be found on Canada's most successful aboriginal
reserve.
That power squarely rests with
oil -
rich nations that hold most of the world's
oil reserves and the Wall Street banks and hedge funds that speculate and make markets in the
oil trading game.
Oil -
rich Kuwait, with an estimated 89 years of petroleum
reserves, could lag behind its GCC neighbors in terms of real GDP growth this year.
Speaking earlier this week, Mr Brown said: «It's the countries that have got substantial
reserves, the
oil -
rich countries and others who are going to be the biggest contributors to this fund.»
It is no coincidence that the citizens of Arab countries with limited fossil fuel
reserves have enjoyed greater freedom over the years than their
oil -
rich neighbours.
Lacking the
rich oil, coal and other energy
reserves of many other nations, Japan relies on nuclear power for some 30 percent of its electricity.
Ian Goldin of the University of Oxford says the US and other
rich countries fear Ebola will weaken their trading and strategic partners such as India, Brazil — or Nigeria, also home to Africa's largest
oil reserves, and violent Islamic jihadis.
Qatar is
rich in
oil and natural gas
reserves, with the world's highest GDP per capita and is currently experiencing a significant boom in the real estate and hospitality sectors.
Even though the
reserves account for a large stretch of land, there isn't a great deal of overlap in the government - owned lands and the
oil - and gas -
rich geologic compositions.
More than 120 million acres of protected land — larger than the state of California — are situated over
rich reserves of
oil, coal and gas, according to a new analysis by Greenpeace's Unearthed investigations team.
Apparently, Petro cryptocurrency is highly supported by the
oil -
rich South American country's
oil reserves, but many view the project as little more than a way of escaping US - imposed economic sanctions.