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A tiny rainforest country is growing into a petrostate. A US oil company could reap the biggest rewards
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Guyana’s destiny changed in 2015. US fossil fuel giant Exxon discovered nearly 11 billion barrels of oil in the deep water off the coast of this tiny, rainforested country.

It was one of the most spectacular oil discoveries of recent decades. By 2019, Exxon and its partners, US oil company Hess and China-headquartered CNOOC, had started producing the fossil fuel.? They now pump around 650,000 barrels of oil a day, with plans to more than double this to 1.3 million by 2027.

Guyana now has the world’s highest expected oil production growth through 2035.

This country — sandwiched between Brazil, Venezuela and Suriname — has been hailed as a climate champion for the lush, well-preserved forests that carpet nearly 90% of its land. It is on the path to becoming a petrostate at the same time as the impacts of the fossil fuel-driven climate crisis escalate.

While the government says environmental protection and an oil industry can go hand-in-hand, and low-income countries must be allowed to exploit their own resources, critics say it’s a dangerous path in a warming world, and the benefits may ultimately skew toward Exxon — not Guyana.
Since Exxon’s transformative discovery, Guyana’s government has tightly embraced oil as a route to prosperity. In December 2019, then-President David Granger said in a speech, “petroleum resources will be utilized to provide the good life for all … Every Guyanese will benefit.”

It’s a narrative that has continued under current President Mohamed Irfaan Ali, who says new oil wealth will allow Guyana to develop better infrastructure, healthcare and climate adaptation.

DOGE attempts to enter an agency building led to physical standoff that spilled into court
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A small federal agency that sends money to help communities in Africa became a flashpoint Thursday in the Trump administration’s efforts to shut down foreign aid and reduce the size of the federal government.

A Trump-backed government official, staffers from the Department of Government Efficiency and federal law enforcement entered the offices of the U.S. African Development Foundation on Thursday, and the fight between the Senate-confirmed foundation’s board and Trump administration emissaries spilled into an emergency court fight, according to court records and photos of the in-person standoff captured by the New York Times.
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The standoff was quelled when a judge stepped in Thursday afternoon, keeping the foundation’s existing board in place for a few days until a court hearing could take place.

The African Development Foundation, an independent agency that has provided more than $100 million to African farmers, entrepreneurs and community organizations in the last five years, has been among the foreign aid groups that Trump has targeted to eliminate via an executive order he issued two weeks ago. The work of DOGE at the agency so far, the lawsuit says, mirrors how other foreign aid agencies have been dismantled by the Trump administration.

Trump’s plan for the African Development Foundation snapped into action almost immediately, with DOGE staffers meeting with the foundation’s leadership within days of Trump’s February 21 executive order. The Trump administration then told a board member, Ward Brehm, he was being removed from his position, and a new acting chair would be in charge.
Faced with the overhaul, the board held an emergency meeting on Monday to push back, according to a lawsuit filed in federal court in Washington this week. The board decided Trump’s appointee, Peter Marocco — the de-facto acting leader of USAID, another agency Trump has targeted — was not lawfully in the job, and they alerted Congress, the removed board member Ward Brehm’s lawsuit said.

Marocco still showed up at the fund’s headquarters with staffers of the Department of Government Efficiency on Wednesday afternoon. They “were denied access to those offices,” the lawsuit said. “Marocco and his colleagues threatened to return to the offices with United States Marshals and Secret Service.”

“You get some of me but not tomorrow as they want me in as soon as I can make it happen. This is the one time when they say jump and I ask how high due the financial gains the company could benefit from and it being important enough for the client to appear in person.”

“Well I get an extra night of you at least! I wonder what we could do with that? Meantime, what about food? I am starving and delicious as it was a second breakfast is not quite enough to replenish me!”

“Well get something on and we’ll sort that out first.”

We drove into town and decided that a daytime visit to Charlie’s was going to be the answer. I parked in the bar lot and Elise dashed in to change into something more appropriate, jeans and a t-shirt along with her biker jacket but keeping her Converses on.

Walking down to the restaurant was different from the middle of the night visits as the streets were bustling and all of the shops and outlets were open.

Reaching Charlie’s we entered the front door and sat in a booth near the window. A beautiful young American Chinese girl came,smiled and said hello to Elise and gave us menus and asked if we wanted drinks in the meantime.

"No thanks Lin just a pot of Jasmine tea for us please." Lin went back to the kitchen area. “No booze for me today as I will have to work in the bar so it is just tea for me.”

Not in a drinking mood either, I agreed with her."

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“You have a government that is reckless about what is going to happen to Guyana,” said Melinda Janki, an international lawyer in Guyana who is handling several lawsuits against Exxon. It’s pursuing “a supposed course of development that is actually backward and destructive,” she told CNN.
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And while plenty of Guyanese people welcome the new oil industry, some say Guyana’s startling economic statistics do not reflect a real-world prosperity for ordinary people, many of whom are struggling with the higher prices accompanying the oil boom. Inflation rose 6.6% in 2023, with prices of some foods shooting up much more rapidly.

“Since the oil extraction began in Guyana, we have noticed that our cost of living has gone sky high,” said Wintress White, of Red Thread, a non-profit that focuses on improving living conditions for Guyanese women. “The money is not trickling down to the masses,” she told CNN.

CNN contacted President Ali, the Ministry of Natural Resources and the Ministry of Finance for comment but received no response.
Guyana, a former Dutch then British colony which gained independence in 1966, is one of only a handful of countries that is a “carbon sink,” meaning it stores more planet-heating pollution than it produces. This is due to its vast rainforest; trees remove carbon dioxide from the atmosphere as they grow.

The country has protected its biodiversity where others have destroyed theirs, President Ali said in a BBC interview last year. In 2009, the country signed an agreement with Norway, which promised Guyana more than $250 million to preserve its 18.5 million hectares, or nearly 46 million acres, of forests.

Ali insists the country can balance climate leadership and fossil fuel exploitation. The new oil wealth will allow Guayana to develop, including building climate adaptations such as sea walls, he has said. He has also pointed to the continued failures of wealthy countries, already grown rich on their own fossil fuels, to help poorer countries with climate finance.

But there are concerns Guyana could fall victim to the “resource curse,” in which vast, new wealth ?can actually make life worse for those who live there.

The voice of ‘White Lotus’ star Walton Goggins is the lullaby we didn’t know we needed
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While his “White Lotus” character Rick has been the source of some stress this season, Walton Goggins is here to soothe us into a state of dreamy sleep to make up for it.

The actor has partnered with relaxation and meditation app Calm for one of their famed Sleep Stories, lending his smoky voice to a fable titled “The Yard Sale.”

Goggins announced the Sleep Story on his verified Instagram on Tuesday, writing, “A friend once said to me the first question you ask someone shouldn’t be, ‘How are you?’ but rather, ‘How did you sleep last night?’ I agree.”

The post included an excerpt from the story, in which Goggins is heard languidly instructing listeners to relax their bodies and get into bed. “You could even climb into a hammock,” he added. “I wouldn’t do that because I’ve never gracefully got in or out of one.”

In the caption, the actor also wrote that he “wanted to create a Sleep Story that feels dreamlike, helping people slow their minds down by wandering through a yard sale (which happens to be one of my favorite things to do), uncovering hidden treasures.”

“It’s the Walton Goggins version of counting sheep. I hope you enjoy,” he added.

Other celebrities who have read bedtime stories in the hopes of putting audiences to sleep include Dolly Parton and the late Jimmy Stewart, whose voice was featured in a Calm Christmas Sleep Story in 2023 thanks to generative AI technology.

Goggins currently stars on “The White Lotus,” where his character is often the most stressed out and tortured of the ensemble, at one point setting a slew of snakes free.

Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their 401(k)s after President Donald Trump’s escalation of tariffs.

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As the impending tariffs shook the global economy Friday, people who were planning on their retirement accounts to carry them through their golden years said the economic chaos was hitting too close to home.

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Some said they are pausing big-ticket purchases and reconsidering home renovations, while others said they fear their quality of life will be adversely affected by all the turmoil.

“I’m just kind of stunned, and with so much money in the market, we just sort of have to hope we have enough time to recover,” said Paula, 68, a former occupational health professional in New Jersey who retired three years ago.

Paula, who spoke on the condition of anonymity because she feared retaliation for speaking out against Trump administration policies, said she was worried about what lies ahead.
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“What we’ve been doing is trying to enjoy the time that we have, but you want to be able to make it last,” Paula said Friday. “I have no confidence here.”

Trump fulfilled his campaign promise this week to unleash sweeping tariffs, including on the United States’ largest trading partners, in a move that has sparked fears of a global trade war. The decision sent the stock market spinning. On Friday afternoon, the broad-based S&P 500 closed down 6%, the tech-heavy Nasdaq dropped 5.8%, and the Dow Jones Industrial Average fell more than 2,200 points, or about 5.5%.