Dubai company gives up on US port deal

Discussion in 'Politics' started by Ben W, Mar 10, 2006.

  1. Ben W

    Ben W
    Expand Collapse
    New Member

    Joined:
    Sep 16, 2002
    Messages:
    8,868
    Likes Received:
    0
    Mar. 9, 2006 21:56 | Updated Mar. 10, 2006 10:34
    Dubai company gives up on US port deal
    By ASSOCIATED PRESS
    WASHINGTON

    A Dubai-owned company said Thursday it is giving up its entire stake in US ports, a move made as congressional leaders warned President George W. Bush that both the House of Representatives and Senate appeared ready to block the takeover.

    Lawmakers who have been trying to block the deal involving DP World said they were studying the company's announcement to see if it adequately addressed their concerns about an Arab government taking over major operations at six US ports.

    The deal has become an election-year burden for Republicans and a major political headache for Bush.

    Underscoring how much the issue has veered out of the Bush administration's control, the Senate rejected an effort by its own Republican leaders to thwart Democrats who want a vote on derailing the DP World deal. The Senate voted 51-47 to consider the Democratic legislation, falling 16 short of the 67 votes Republcian leaders needed to prevail.

    http://snipurl.com/ner2
     
  2. carpro

    carpro
    Expand Collapse
    Well-Known Member

    Joined:
    Oct 14, 2004
    Messages:
    20,894
    Likes Received:
    294
    Now the fallout begins.

    Dubai cancels Boeing order?
    Refuses to dock U.S warships?
    Demands we move our theater Command Posts?
    Closes down our intelligence gathering apparatus in UAE?

    What else?
     
  3. gb93433

    gb93433
    Expand Collapse
    Active Member

    Joined:
    Jun 26, 2003
    Messages:
    15,496
    Likes Received:
    6
    Doesn't one wonder why the US cannot take care of its own ports. Are we outsourcing that too?
     

Share This Page

Loading...