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Planet Money

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The economy, explained, with stories and surprises. Imagine you could call up a friend and say, "Meet me at the bar and tell me what's going on with the economy." Now imagine that's actually a fun evening. That's what we're going for at <em>Planet Money</em>. People seem to like it.

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#433: Holding A Rainforest Hostage? (Update)

August 30th, 2013

Episode 627 of 910 episodes

Ecuador's Yasuni National Park, a pristine corner of the Amazon rainforest, is home to jaguars, giant otters, and the golden-mantled tamarin. The park also sits on top of hundreds of millions of barrels of oil, worth billions of dollars.The government of Ecuador faces a choice: Should it protect the park, or go for the money?Until very recently, the country was trying to do both. The government said it would leave the rainforest untouched — if rich countries gave billions of dollars.We reported on the story earlier this year. Today, we find out how the story ends.Note: This is an update of an episode that was originally posted in February. Note #2: Starting next week, podcasts will be posted on Wednesday and Friday, rather than on Tuesday and Friday.Download the Planet Money iPhone App. Music: Mumford & Sons's "Below My Feet." Find us: Twitter/ Facebook/ Spotify/ Tumblr.

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