NewsNow: Edinburgh news | Breaking News & Search 24/7 newsnow.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsnow.co.uk Daily Mail and Mail on Sunday newspapers.
Oil used to be what every government either treasured or craved: a gusher of windfall tax revenue, jobs galore, geo-political clout, and no need to depend on imports. But economists talk of the “resource curse”, in which too much of a good thing skews the economy, pushes up costs and crowds out other activity. And .
Oil: from bonanza to dilemma bbc.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bbc.co.uk Daily Mail and Mail on Sunday newspapers.