Transcript:Liberia...is rich in oil, diamonds, timber, and much more. That's been both a blessing and a challenge for the fledgling democracy...Liberia was a major iron ore exporter back in the 1970s, but the industry collapsed during a succession of coups and civil wars...ArcelorMittal aims to be exporting 15 million tons of ore a year by 2015. Liberia has received an up-front payment of $15 million...Unequal access to the benefits of natural resources created societal rifts that led to war in Liberia. Diamonds and timber bankrolled warlord President Charles Taylor...Government is sitting at a table with civil society, with traditional leaders, with companies to discuss resource governance...A new report by the watchdog organization Global Witness warns of the government's inability to manage its oil sector and cites conflicts of interest between the national oil company and the investors it regulates. [Also refers to Chevron, Firestone, Sime Darby]