Feature
The World’s Newest Petrostate Isn’t Ready for a Tsunami of Cash
Guyana is investigating oil leases at a rocky political moment.
Georgetown, Guyana
Photographer: Natalie Keyssar for Bloomberg Markets
The Caribbean beats of reggae and soca ease into American hip-hop at a roadside bar in Georgetown, Guyana. Outside, teenagers hoot as they whiz past palm trees on mopeds. But for Gavin Singh, a 36-year-old investment banker, this is no time for play or relaxation. “People out there don’t really get it,” he says, pushing aside his mojito to emphasize his point. “We have a tsunami coming.”
A tsunami of what?