February 25, 2006

Homeland Security Objected to UAE Ports Deal

The U.S. Department of Homeland Security raised objections to selling the rights to U.S. ports to a Dubai based company. Well slap my rear and call me Charlie!

AP:

The Homeland Security Department objected at first to a United Arab Emirates company's taking over significant operations at six U.S. ports. It was the lone protest among members of the government committee that eventually approved the deal without dissent.

The department's early objections were settled later in the government's review of the $6.8 billion deal after Dubai-owned DP World agreed to a series of security restrictions.

PS-This is my only post of the day. Too much to do around Mos Eisley today.

By Rusty Shackleford, Ph.D. at 01:23 PM | |