To avoid embarrassing Bush any further, the Dubai company at the heart of our current ports kerfuffle has decided to shed its US operations. As reported by the WSJ:
In a statement on the Senate floor, Sen. Warner (R., Va.) said the decision was intended to preserve "the strong relationship" between the U.S. and the UAE. Mr. Warner said Dubai Ports World has agreed to "transfer fully the U.S. operations" to a U.S. entity, and will work with the Bush administration to ensure DP World "will not" suffer economically.
Hmmmm. I wonder what US entity will reap the benefit of this sweetheart transfer deal and the US's assurance that the seller will not suffer economically. Halliburton, perhaps?
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