Really interesting and eye openning... Becoming only - TopicsExpress

Really interesting and eye openning... Becoming only Economically and Financially strong does not solve the basic problem. Look at Saudi Arabia , Kuwait , UAE and Brunie. All of them are economically and financially strong but niether their finance nor their economics has raised Literacy Level or have caused any Scientific Inventions or Innovations and cultrual or social advancements, which are necessary to advance a nations. Last 12 months Oil Earnings of the world were $ 3.4 trillion and Moslim Oil-rich countries earned more than half of them. Almost all of those earnings got invested in the West instead of getting invested in poor Moslim Countries to build factories, advance technology and to create jobs. OIL EXPORT EARNINGS OF THE WORLD: Estimated yearly Income of top Oil Exporting Governments of the world @ $ 100 per barrel. 1. Russia $ 678 billion 2. Saudi Arabia $ 610 billion 3. Iran $ 271 billion 4. Iraq $ 260 billion 5. Mexico $ 224 billion 6. Canada $ 190 billion 7. Kuwait $ 176 billion 8. U.A.E. $ 172 billion 9. Venezuela $ 169 billion 10. Nigeria $ 163 billion 11. Libya $ 129 billion 12. Kazakhstan $ 100 billion * USA is the biggest consumer of Oil in the world with an estimated yearly Oil Imports of worth $ 1000 billion @ $ 100 per barrel. * Russia ’s Export are now more than Japan ’s total Exports. Another problem is, Technological and Agricultural Exports together earn more than 3/4th of Foreign Exchange for countries in this world and Oil Incomes are not even 1/4th even @ $100 a barrel. Moslims not advancing means, they have no shot at those exports to earn Foreign Exchange. Presently top Export Earners of the world with 3/4th of total Export earnings of the world. 1. E.U. $ 2.74 trillion 2. China $ 1.31 trillion 3. USA $ 1.15 trillion 4. Russia $ 890 billion 5. Japan $ 880 billion 6. Saudi Arabia $ 610 billion 7. Canada $ 590 billion 8. U.K. $ 416 billion 9. S. Korea $ 390 billion 10. Mexico $ 350 billion 11. Singapore $ 320 billion 12. Iran $ 280 billion 13. Taiwan $ 240

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