Friday, February 17, 2006

Despite Fears, a Dubai Company Will Help Run Ports in New York

WTF?

Patrick McGeehan writes in The New York Times:


The Bush administration dismissed the security concerns of local officials yesterday and restated its approval of a deal that will give a company based in Dubai a major role in operating ports in and around New York City.

Representatives of the White House and the Treasury Department said they had given their approval for Dubai Ports World to do business in the United States after a rigorous review. The decision, they said, was final.

Dubai Ports World is buying the British company that currently operates the cruise-ship terminal on the West Side of Manhattan, one of the biggest cargo terminals in New York Harbor, and terminals in Philadelphia, Baltimore and other big ports.

Figure that shit out. More here.

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