Comment & Analysis
Hedge Funds & Alternative Investments
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The Decline and Fall of the Gulf's Oil Empire Is Looming
For much of the world, oil wealth is a curse. Endowed with ample reserves of hydrocarbons, the likes of Nigeria, Angola, Kazakhstan, Mexico and Venezuela frittered the benefits away. Only in the Persian Gulf has oil been a nation-building blessing. The discoveries of petroleum in the mid-20th century turned an…
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Click here to read the full story: Financial Post