Friday, September 11, 2009

Qatar drowning in petro-dollars

The Gulf state of Qatar is rich in oil and gas and has a small population.

While the country's oil revenues give citizens generous benefits, analysts say the petro-dollars are not necessarily a blessing.

Al Jazeera's Nicole Johnston, reporting from the capital, Doha, explains why an economy based almost entirely on income from oil and gas is not without its drawbacks.
This week we ask if the US can afford widespread healthcare reform, analyse the high hopes for Dubai's new
metro system, and at the paradox of oil wealth.

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aljazeera english US health care system dubai metro system oil wealth obama health qatar gulf

al jazeera qatar nicole johnston oil doha

Part 1

Part 2

The Canadian Dollar the Loonie is soaring

Bank of Canada Sees Loonie Risk (Bloomberg News)
Category: News & Politics
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Canadian dollar on the rise Law Legal Issues Personal Finance Business Economy International Government Politics Editors Pick

Local Currencies instead of the US Dollar

BJ Lawson (who was called "Ron Paul Jr." during his campaign for Congress) joined Susan Witt on Fox Business to talk about their interesting work with local currencies, the PLENTY and the BerkShare
Category: News & Politics
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bj b.j. lawson fox business local currencies plenty berkshire berkshare dollar ron paul jr crisis crash recession depression fed federal reserve

Foreclosures on the Rise

Foreclosures were essentially flat in August, but the devil is in the details, reports CNBC's Diana Olick.












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