Word: dubai
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...Dubai Ports World tries to buy 21 U.S. ports from a U.K. firm, but ferocious political and public pressure nixes the deal
...initial decision to allow a Dubai-owned company to operate terminals at major U.S. ports was a good one; many free-market economists will tell you as much [March 6]. But the deal was unacceptable, given the fear and distrust of foreigners that the President and the Republican Party have cultivated in the people of the U.S. since 9/11. Bush needed Americans to adopt those attitudes in order to justify the war in Iraq and ensure his reelection. What he didn't count on was that those same attitudes would come back to haunt...
...Germany and sent 80% of his $3 million output to 20 countries. Through a screen of plastic bamboo along his office window, he points out the new factory he's building next door. He shows off a United Arab Emirates health-insurance card, which grants him medical treatment in Dubai, where he just opened his first foreign shop. "By Anji's standards, we have a small business," he says. "We're middle of the road...
...insisting that controls will be in place to prevent diversions to the arms program. But they--and India's lobbyists--still have to win approval from a leery Congress. A senior House Republican aide says that after being blindsided by Bush's last foreign deal--the now aborted Dubai takeover of operations at six U.S. ports--lawmakers will begin the India hearings "with eyes wide open...
...other man Clinton has to watch out for is her husband. The Senator and the former President got crossways a few weeks ago on the Dubai Ports deal when it turned out that he was informally having conversations with United Arab Emirates representatives about how to cope with opposition in Washington at the same time she was helping get that opposition organized. No one who knows either Clinton has any idea how to bring a man renowned for his voracious need for information into anything approaching the marginal role of political spouse. How--or even whether--to integrate into...