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...state, returned to his old stomping grounds last night and defended the Bush administration’s stance on a controversial seaport deal at an Institute of Politics forum. Zoellick’s remarks came amid a nationwide uproar over a transaction that would leave several key U.S. port terminals??€”including New Orleans and Newark, N.J.—in the hands of a Dubai state-owned firm. The Dubai firm, DP World, bid $6.8 billion to buy the British company that currently operates the ports. The Bush administration approved the deal, but some congressmen have objected...

Author: By David adam Lorch, CONTRIBUTING WRITER | Title: Grad Defends Dubai Deal | 3/3/2006 | See Source »

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