The kingdom used to send money to poorer countries like Egypt with few strings attached. But it is increasingly leveraging its economic power for influence in the Middle East and beyond.
Tag: Oil (Petroleum) and Gasoline
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House Passes G.O.P. Energy Bill, Pushing to Roll Back Biden Climate Measures
The legislation, which had no chance of making it through the Senate, would expand mining and fossil fuel production while repealing some elements of a major new law to combat climate change.
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A ‘Rocking Chair Rebellion’: Seniors Call On Banks to Dump Big Oil
Older climate activists gathered in cities around the country for a day of action targeting banks that finance fossil fuel projects.
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Ferrari, Prada y hambre en Venezuela
Tras años de escasez extrema, algunos venezolanos viven con lujos mientras otros sobreviven con dificultad. El país se ha convertido cada vez más en una nación de ricos y pobres.
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The Head Spinning Reality of Venezuela’s Economy
After years of extreme scarcity, some Venezuelans lead lives of luxury as others scrape by. The nation of grinding scarcity has increasingly become one of haves and have-nots.