A UN “liquidation team” will take over in East Timor…marking a first decade of turbulent existence…The big powers are now taking a more intense look at East Timor, which has significant oil and gas reserves…US Secretary of State Hillary Clinton visited…[whilst] China built the presidential palace and military headquarters. Brazil is…a key source of aid, while Cuba has trained hundreds of…doctors….East Timor knows that it must…concentrate on lifting the half of the…population living below the poverty line…[T]he country’s oil-based sovereign wealth fund [is] now above $11 billion…[T]he Asia Foundation said the government has to work harder on improving the business environment…”to turn petro-dollars into broad based economic growth for the benefit of all.”