Pandemic crushes Guyana’s dreams of big oil profits as ‘resource curse’ looms over oil-producing nations

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Pandemic crushes Guyana’s dreams of big oil profits as ‘resource curse’ looms over oil-producing nations

Secretary of State Mike Pompeo with Guyana's president, Mohamed Irfaan Ali, Sept. 18. Pompeo is the first U.S. secretary of state to visit the tiny South American country. AFP via Getty ImagesThis year was supposed to bring great things for Guyana. ExxonMobil discovered massive oil deposits off the South American country’s Caribbean coast in 2015, and Guyana sold its first cargo of crude oil this February. As production ramps up, its first stage…