Posted on 03/09/2006 9:02:17 AM PST by prairiebreeze
It was a British company before the Dubaians stepped in, so, no, there probably isn't a US company that could step in, and there never was a US company involved with these ports to begin with.
Rush suggested Wal Mart.
Amen.
Temasek may unleash bidding war for P&O
By Kokila Jacob, Staff Reporter
Dubai: Dubai Ports World, the emirate's international port operations arm, refused comment on Sunday on speculation that Singapore's Temasek Holdings may be launching a rival bid for P&O's ports and ferries group.
Last Tuesday, DP World outbid rivals for Britain's oldest and world's fourth largest shipping group Peninsular & Oriental Steam Navigation Co in an all-cash $5.69 billion (£3.3 billion). It will make DP World the third-largest port operator of the world after Hutchison Whampoa and Temasek's Port of Singapore Authority.
Rest of the story....http://www.gulfnews.com/business/Investment/10002711.html
Embarrassed and ashamed is more accurate. This is a global deal for DPW...only the US has reacted this way.
Bush is determined because this deal was good for American foreign interests. Some of you people don't have a clue. America is the lone ranger in the Middle East. Without friends like the UAE we can lose our power and leadership in the area along with friendly relations with countries we trade with.
Yes, a clever allegory, but also stupid. Why didn't the scorpion just jump on his back and kill him on the shore?
It's clear that the author was actually making a point about assisted suicide.
We've "been told" all sorts of things. Very little of it gets to the nuts and bolts of what is going on, and virtually NONE of it gets to business options going forward. In fact, none of the discussion got to the point of showing the relationship between US-owned interests and P&O.
Perhaps a company here will now try to come up to "speed". Or size.
Perhaps DPW will create a wholly US-owned subsidiary.
Yeah, the changes in arguments are breath taking. Makes you wonder.....
Sotp that. UAE is evil, and no amount of data from people with first-hand information will change that.
you have it quite backwards. Internalization has created massive wealth and lessened hostility. Isolationism causes hostilities to rise. Check back on the 1930's for confirmation.
you have it quite backwards. Internalization has created massive wealth and lessened hostility. Isolationism causes hostilities to rise. Check back on the 1930's for confirmation.
Isn't that ridiculous? For sure there will be federal inducements for an American business. There go taxes and size of government.
We're not lonely already? Take a walk over the United Nations building if you want to see "lonely".
All I'm saying is, don't let dollar-signs cloud what's happened here. A democratic process has taken place, for better or for worse. You want our system to bend to serve the interests of the United Arab Emirates? You're entitled to voice your opinion at the ballot box. But the democratic process should never be subservient to a foreign interest. What's next? Saudi Arabia will cut off our oil if we start drilling in ANWR?
Peter Pace and Tommy Franks both enthusiastically endorsed the deal and referred to UAE as a good ally in a very strategic place, one where we need to be.
Makes sense to me?
We told them we don't want to do business with them (regardless of the reason), so why is everyone shocked that they're asking themselves if they should do business with us? It's not a threat, it's negotiation? All they're doing is reminding us that this a two way street.
This will be the MOTHER OF ALL BOYCOTTS -- Baghdad Bob
Let's do simple calculations: World's largest and wealthiest economy versus UAE. Ummmm, I think this will destroy the US, for sure.
The point is that the scorpion really intended to cross the river, but his nature beat out good intentions.
This is rich. Come out against creating American companies creating American jobs. Subsidised by American money, instead of UAE money. The appeasers lost this round. Just like the Harriet Miers debacle.
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