The Ports Thang
When objections to DP World's takeover of P & O, and specifically half a dozen US ports, began to surface from various US politicians, I was, frankly, amazed.
That one of the objectors is Hillary Clinton, whose husband is a regular fixture on the speaking circuit here in Dubai, is truly astonishing. And despite the fact that the role of DP World is restricted simply to management of the ports in question - they will neither own them nor be responsible for security - supposedly educated and responsible Senators are still jumping up and down about it.
I understand that this is mere political posturing, and was greatly heartened by a letter from an American published in today's Gulf News
To our friends in Dubai: We in the US are about to go through a political rough spot, as happens. Conservatives, supporters of the Bush administration, are furious at the sale of P&O to DP World....Many ugly things will be said to distract from the main point that we want progress in specific areas. It's disappointing, yet predictable, the "race card" is being played so early in the process. Please bear with us.
And now DPW are delaying the US bit of the deal so that the US politicians can score points off each other.