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Detailed text transcripts for TV channel - CNN - 20110512:16:21:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20110512:16:21:00

Middle east. one of the poorest in the world. the world bank says that it is one of the most -- they call it "water scarce" countries in the world. it is literally running out of water and the people know it and that creates its own dynamic as well of violence. there's been fighting over water. it's also running out of oil reserves. it's got only ten years probably and they're going to be depleted and oil makes up 90% of yemen's export earnings. not a pretty picture. food prices are skyrocketing. that in itself can cause deadly riots as well. according to u.n. figures, 45% of the population li...

Detailed text transcripts for TV channel - CNN - 20110225:09:48:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20110225:09:48:00

$19 billion in foreign direct investment as of the end of last year. but most of the country's wealth still comes from oil production, which accounts for an estimated 95% of export earnings. libya exports much of that oil through southern europe. in fact, it's europe's biggest oil supplier and home to africa's largest reserve. but can the world still rely on the oil and gas supply? i asked cornelia myer how much an oil disruption in libya would really hurt? >> i don't think it's detrimental because it's only 2% of world production and only about 30% to 40% of saudi's spare capacity. so we're f...

Detailed text transcripts for TV channel - CNN - 20110221:00:05:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20110221:00:05:00

Whatever money they do have comes from one resource, which is as they call it petrol and we call it oil. >> their export earnings come from oil. nor than three quarters of the total revenue of the country comes from, again, from oil. so that is a huge importance. but also what he was saying is all of this has come through what his father has done for the country and he's not going anywhere, and he's going stand by, the army will stand by him, and he's going to -- he's going fight it. they have just the offering, the dialogue. he offered to raise immediately to raise salaries, to address some o...

Detailed text transcripts for TV channel - CNN - 20110221:09:05:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20110221:09:05:00

Across the region has been led by a youth movement could be as high as 50% in libya. on the plus side, the country has one of the highest per capita gdps in africa. most of libya's wealth comes from oil production, as we've heard. an estimated 95% of its export earnings actually come from oil. now, libya exports much of that oil to europe. it's europe's biggest oil supplier. also a major exporter worldwide. on sunday, tribal leaders in the east of the country, where much of the o oil comes from, threatened to cut oil exports to foreign countries unless the government stops the violent crackdow...