World News Insights
1-3 Minute Gist

All Topics Article

Keeping Petrodollars Out of Despots’ Pockets

BusinessWeek Original article ›

Keywords:

LyrArc Article Gist
The U.S. Dodd-Frank legislation has a provision requiring U.S.- listed oil, gas and mining companies to disclose payments to governments for access to mining and oil resources. The S.E.C. will decide how to implement this rule which goes into effect in 2012. This has a severe effect on the economies of developing countries as it siphons away significant part of revenues for the resources into the hands of government officials. From Nigeria to Equatorial Guinea in Africa, and in other parts of the world in Latin America and Asia, this is a serious problem and results in underdevelopment and retarded societies.

Equatorial Guinea

08/25/2011

Grouped Articles

Keeping Petrodollars Out of Despots’ Pockets

BusinessWeek 08/25/2011

Creating a model country for Africa, with a healthy economy, and honest, healthy democratic government.

04/19/2007

The efforts in Ghana. How Nigeria and Kenya, the two other places wioth a British past fall short, with corruption, governance along tribal lines, and flawed elections. The related efforts to promote agricultural improvement, and help the farmers of Africa.

Grouped Articles

Zambia's Leader Hands Over Power

Wall Street Journal 09/24/2011

An Accidental Leader Stirs Hopes in Nigeria

New York Times 02/20/2010

Ghana Court Rejects Challenge to President's Election

Wall Street Journal 08/30/2013

Nigeria Finance Cleanup Gains Momentum

Wall Street Journal 08/06/2010

Nigeria's doughty presidential candidate: Mr Anti-Corruption joins the fray

Economist 10/30/2010

Long-Delayed Vote Takes Place in Ivory Coast

New York Times 10/31/2010

Mining riches and wars in Africa.

07/13/2009

Wars in Sierra Leone and other countries that stem from mining riches in African countries. The efforts of various army groups to capture the mining areas and the resulting wars and destruction.

Grouped Articles

War Crimes Trial to Hear From Ex-Liberia President

New York Times 07/13/2009

Africa's natural resources: Spread the wealth

Economist 02/12/2011

In West Africa, Democracy Struggles to Survive

New York Times 07/29/2011

Keeping Petrodollars Out of Despots’ Pockets

BusinessWeek 08/25/2011

Hot Commodity: Research on Prices

Wall Street Journal 04/26/2012

Clashes Cast Pall on South Africa's Economy

Wall Street Journal 08/18/2012

Widening rich-poor gap in the Arab world and Africa

01/15/2011

The lack of economic opportunity under decades long one party rule in the Arab world and Africa. The problem has long plagued countries in Africa, from Nigeria to the Arab world.

Grouped Articles

Rich, Poor and a Rift Exposed by Unrest

New York Times 01/30/2011

Africa's natural resources: Spread the wealth

Economist 02/12/2011

Arab economies: Throwing money at the street

Economist 03/12/2011

Nigeria’s President Wins Re-Election

New York Times 04/18/2011

Nigeria's business capital: A rare good man

Economist 05/07/2011

Hope in Nigeria: Hail the useful chief

Economist 05/28/2011

Nigeria- politics and government 2010-2016

05/11/2006

Grouped Articles

An Accidental Leader Stirs Hopes in Nigeria

New York Times 02/20/2010

Beleaguered, Nigerians Seek to Restore a General to Power

New York Times 01/23/2015

Nigeria Votes in Sharply Contested Presidential Election

New York Times 03/28/2015

Muhammadu Buhari Defeats Goodluck Jonathan in Nigeria Election

Wall Street Journal 04/01/2015

In Nigeria’s Election, Muhammadu Buhari Defeats Goodluck Jonathan

New York Times 03/31/2015

Muhammadu Buhari, a Familiar, and Now Less Divisive, Choice in Nigerian Election

New York Times 03/31/2015

Royal Dutch Shell and operations in Nigeria

09/16/2010

Grouped Articles

Africa's Richest Man Bets Big on Oil Refinery

Wall Street Journal 12/28/2013

A High-Wire Act for Nigeria's Oil Minister

BusinessWeek 09/16/2010

Shell to Face Nigeria Grilling

Wall Street Journal 01/04/2011

Shell Finds Local Bidders for Nigerian Oil Properties

Wall Street Journal 03/04/2011

Keeping Petrodollars Out of Despots’ Pockets

BusinessWeek 08/25/2011

Shell CEO Scripts a Leading Role for Gas

Wall Street Journal 01/16/2013


Support LyrArc

We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.

Support Lyrarc from as small as $1


Copyright © 2006 - 2026 Intelilinks LLC
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us