Fred Jones Posted February 21, 2006 Share Posted February 21, 2006 GOP Governors Threaten to Block Port Deal Administration Grants Arab Company Permission to Run U.S. Ports By DEVLIN BARRETT, AP http://aolsvc.news.aol.com/news/article.adp?id=20060218210909990001&ncid=NWS00010000000001 WASHINGTON (Feb. 21) - Two Republican governors are threatening legal action to block an Arab company from taking over operations in major U.S. ports and some GOP lawmakers say the deal should be closely examined. In the uneasy climate after the Sept. 11 terrorist attacks, the Bush administration decision to allow the transaction is threatening to develop a major political headache for the White House. New York Gov. George Pataki and Maryland Gov. Robert Ehrlich on Monday voiced doubts about the acquisition of a British company that has been running six U.S. ports by Dubai Ports World, a state-owned business in the United Arab Emirates. Rest at above link. So, UAE gets money from the sale of oil which gives them lots of capital to purchase things like Peninsular and Oriental Steam Navigation Co. Nice way to get control of our ports. Link to comment Share on other sites More sharing options...
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