June 13, 2006

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

Dubai mum on ports transfer -- No reported progress on promise to sell U.S. operation
wnd.com , Jun. 12, 06

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?

Previous stories

Treasury issues 'secret' report on Dubai acquisition
Dubai keeping Miami port ops
Dubai company quits ports fight
Dubai company shills for Iran nuke project
Tehran, Dubai to strengthen ties
Dubai ports issue winner for Dems?
Why port security is life and death for U.S.
Rallies planned to protest ports deal
Survey: Massive hit on Bush over ports
Dubai terror ties 'not what we're talking about'
Bush threatens veto over U.S. ports deal
Bush admin defends Arab control of ports


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