Timor-Leste: El Dorado of the South Pacific

international | rights, freedoms and repression | other press Sunday April 15, 2007 16:32 by Kwang zi

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