Friday, February 24, 2006

Port Authority

Interesting story in the news lately about the port authority. President Bush supports tranferring control of 6 US ports to the United Arab Emirates (UAE). Some law makers criticize this transfer citing a danger to national security. The Port Authority of New York and New Jersey have started legal action to stop the transfer. More on this at CNN.

President Bush points out that the ports have been managed by a private British company. NPR noted that the UAE company is state owned. They also report that the UAE company has decided to delay the takeover in order to give President Bush time to convice Congress of the merits of the plan.

6 US ports have been run by a British company called Peninsular and Oriental. The ports they manage are Baltimore, Miami, New Jersey, New Orleans, New York and Philadelphia.

Links worth looking at:

From NPR: understanding the links between the US and Dubai
From the Washington Post: GOP Leaders Draw Back From Bid to Block Port Deal

Categories: UAE, Port Authority


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