Is this the end of the Middle East's oil rush? | Counting the Cost
Al Jazeera, 05 Sep 2020
Oil revenues in the Middle East and North Africa fell from more than $1 trillion in 2012 to $575bn in 2019, according to the International Monetary Fund.
The pandemic has meant demand for fossil fuels has been decimated and may not return. Have oil-exporting countries done enough to diversify their economies?
Plus, what has gone wrong for South Africa? It emerged from the 2008 financial crisis in a strong position. Now, it faces a debt crisis.
And, is Uber running out of road as its business model is challenged in courts around the world?
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The pandemic has meant demand for fossil fuels has been decimated and may not return. Have oil-exporting countries done enough to diversify their economies?
Plus, what has gone wrong for South Africa? It emerged from the 2008 financial crisis in a strong position. Now, it faces a debt crisis.
And, is Uber running out of road as its business model is challenged in courts around the world?
- Subscribe to our channel: http://aje.io/AJSubscribe
- Follow us on Twitter: https://twitter.com/AJEnglish
- Find us on Facebook: https://www.facebook.com/aljazeera
- Check our website: https://www.aljazeera.com/
