Was for gold. Now its for oil. Guyana is fast becoming a petrostate, the Fastest Growing economy in the world. But new wealth has stoked old tensions. Neighbouring socialist venezuela claims a vast chunk of guyanese territory. The stakes are suddenly very high. We shall Never Surrender an inch of our territory. Heavily forested guyana has always been a carbon sink. Now, with the oil and gas flowing, some call it a carbon bomb. Fragile ecosystems are vulnerable to possible oil spills and rising sea levels. Guyana is making choices which will have global impact. Will they be wise ones . Its republic day in georgetown, guyanas capital. Party time for the countrys 800,000 people. The ministry of Natural Resources is on the road. I want to hear you make some noise. The stage is set here for transformational change, a resource driven economic boom that will spread unprecedented wealth through the generations. In past decades, guyanas dominant commodity was gold, found deep in the forested in
spills and rising sea levels. guyana is making choices which will have global impact. will they be wise ones? it s republic day in georgetown, guyana s capital. party time for the country s 800,000 people. the ministry of natural resources is on the road. i want to hear you make some noise. the stage is set here for transformational change, a resource driven economic boom that will spread unprecedented wealth through the generations. in past decades, guyana s dominant commodity was gold, found deep in the forested interior. to get to the gold mines, you need to take a pretty rough and ready track. it gives you some idea how remote these mines are. i mean, the truth is that there are gold deposits all around here, but finding them is one thing. you ve then got to clear away the forest. you ve got to dig a track to make them accessible. frankly, digging for gold around here is a pretty difficult operation. the alphonso family own a dozen mining concessions. they dig for treasur
outfront tonight, iran taking a toll. gas prices overnight jumped 3.3 cents a gallon on fears iranian oil, the world s fourth biggest stash of crude, could be disrupted. if iran made good on its threats to halt oil supplies, which it s promised to do, it would hurt consumers around the world. the strike team says it would send the united states into another recession with gas prices possibly hitting $4.75 a gallon, but it would also devastate iran. 80% of the nation s economy is linked to oil and gas. will it come to this? rudy giuliani was mayor of new york city during 9/11 and he comes outfront tonight. good to see you. nice to be here. let me start with this issue of the rhetoric here. do you think it s going to get to the point where iran feels threatened enough to do something like shut off its crude oil supplies? i do. it does have a devastating impact on them. they re very good at threatening. the threat i think you have to take as a real one and as we ratche
tuesday. that s why floridians are about to get a fresh bombardment. sounds like a horror movie or a trailer from a horror movie. it s a tram trailer for another of those superpack what s almost certain is that it s designed to damage governor romney both now and further down the road. despite romney s momentum in florida, the gallup s national polling says the fight could rage on. gingrich has a hefty lead over romney. that eight-point gap is the widest it s been since polling began earlier this month. for now they give the gingrich camp reason to continue, whatever happens in florida, whatever happened last night. what s happening now in florida is the gingrich-romney brawl. it erupted in last night s debate. we discovered to our surprise, that governor romney owns shares in fannie mae and freddie mac. maybe governor romney in the spirit of openness how much minute he has made on households that have been foreclosed. the investments that we made, have been in mutual f