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  • Trading with the enemy--If you want to get round export controls...

    03/13/2006 5:21:19 AM PST · by SJackson · 7 replies · 351+ views
    Forbes ^ | 4-19-04 | Matthew Swibel
    If you want to get round export controls, just sell the product to a front company in Dubai. The middlemen will take it from there. On paper the shipment was harmless enough. Sixty-six American-made spark gaps--high-speed electrical switches used in medical devices to break up kidney stones--traveled from the manufacturer in Salem, Massachusetts late last summer to a buyer in Secaucus, New Jersey. From there, according to the export declaration, they were to be shipped to their ultimate destination in Cape Town, South Africa. But these spark gaps can also be used to detonate nuclear bombs--and it turned out that...
  • US House to vote on ports despite company promise

    03/10/2006 2:21:04 PM PST · by Stellar Dendrite · 285 replies · 4,007+ views
    Reuters ^ | Friday 10 March 2006 | Steve Holland and Susan Cornwell
    The U.S. House of Representatives will forge ahead with a vote on blocking an Arab-owned company from managing U.S. ports, to ensure the firm sheds its U.S. holdings as promised, a leadership spokesman said on Friday. The Republican-run House's refusal to back away from the showdown vote was another blow to President George W. Bush, who suffered a stinging defeat on Thursday when Dubai Ports World said it intended to back out of the deal his administration had approved. Reverberations from the political earthquake continued on Friday. The United Arab Emirates broke off talks on a free trade pact with...