June 13, 2006: US: P&O, Dubai, Ports & New Legislation?

Jerome R. Corsi: ARABIANS AT THE GATES
Dubai mum on ports transfer -- No reported progress on promise to sell U.S. operation wnd.com , Jun. 12, 06
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Jerome R. Corsi received a Ph.D. from Harvard University in political science in 1972 and has written many books and articles, including co-authoring with John O'Neill the No. 1 New York Times best-seller, "Unfit for Command: Swift Boat Veterans Speak Out Against John Kerry." Dr. Corsi's most recent books include "Black Gold Stranglehold: The Myth of Scarcity and the Politics of Oil," which he co-authored with WND columnist Craig. R. Smith, and "Atomic Iran: How the Terrorist Regime Bought the Bomb and American Politicians."

Dubai Ports World – the United Arab Emirates-owned company at the center of a national security controversy earlier this year – has not yet kept its promise to sell its operations in the U.S. to an American company.

[....] The U.S. ports operations of the P&O assets are estimated to be worth $700 million.

In recent interviews, Mohammed Sharaf, the director-general of DP World characterized the congressional upset over the purchase of P&O as a "temporary setback."

Without specifying why he believes new legislation in the U.S. Congress will change the situation, Sharaf remains confident DP World will operate in the U.S. [....]

What is planned with "new legislation"? That should be of real interest to Americans........ Out of Dubai?

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