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Timor-Leste: El Dorado of the South Pacific
by Kwang zi
Saturday, Apr. 14, 2007 at 11:47 PM
The current population of East Timor is approximately one million souls while the value of its natural gas and oil reserves amount to billions of dollars. However, the tiny new island nation is impoverished with above 35% unemployment and a rural based economy. Without elaborating further, Timor-Leste presents an extremely volatile situation as greedy interests, primarily America via its ‘World’ Bank and Australia-New Zealand acting as the military arm, poise themselves to exploit the impoverished people and nation of Timor-Leste.
Full story:
http://cleaves.zapto.org/clv/newswire.php?story_id=472
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