Dubai threatens retaliation

PartTimePongo

War Hero
Dubai is threatening retaliation against American strategic and commercial interests if Washington blocks its $6.8 billion takeover of operations at several U.S. ports.

As the House Appropriations Committee yesterday marked up legislation to kill Dubai Ports World’s acquisition of Britain’s Peninsular and Oriental Steam Navigation (P&O), the emirate let it be known that it is preparing to hit back hard if necessary.

A source close to the deal said members of Dubai’s royal family are furious at the hostility both Republicans and Democrats on Capitol Hill have shown toward the deal.

“They’re saying, ‘All we’ve done for you guys, all our purchases, we’ll stop it, we’ll just yank it,’†the source said.

Retaliation from the emirate could come against lucrative deals with aircraft maker Boeing and by curtailing the docking of hundreds of American ships, including U.S. Navy ships, each year at its port in the United Arab Emirates (UAE), the source added.

It is not clear how much of Dubai’s behind-the-scenes anger would be followed up by action, but Boeing has been made aware of the threat and is already reportedly lobbying to save the ports deal.
Well this is interesting, Shrub is between a rock and a hard place now...

Continues here - More woes for Bush
 

andym

War Hero
Ok so with that and the threat from Iran to"hurt" the west looks like its gonna be a showdown!
 
Thread starter Similar threads Forum Replies Date
MoD_RSS Northern Irish firm doubles turnover thanks to Dubai export win MoD News 0
MoD_RSS Edtech startup scopes global opportunities with Expo 2020 Dubai grant award MoD News 0
MoD_RSS Press release: Creative agency wins event contract for Expo 2020 Dubai MoD News 0
MoD_RSS News story: Minister for Trade and Export Promotion announces HSBC as founding partner at Expo 2020 Dubai MoD News 0
MoD_RSS Sailor killed in road traffic accident in Dubai Current Affairs 0
Rodgersthecabinboy The Dubai Fountain. Diamond Lil's 8
soleil Navy News: "Gulf Ships Welcome 2011 In Dubai" The Fleet 0
T RBL Dubai International 2
T Royal British Legion (Dubai) Charity 1
rosinacarley Dubai Social & Reunions 51
B WINTER SKIING IN DUBAI International 16
T Dubai - Piss Up International 9
dixie_gooner Dubai 7s Sports and Adventure Training 2
MoD_RSS Speech: Climate change threatens lives and economies across the globe MoD News 0
soleil Mail: "CDS Threatens To Block Promotions Unless Officers Improve The 'Inclusivity And Diversity' Of Their Units" Current Affairs 24
OMM Burglar threatens the wrong pensioner Diamond Lil's 6
trelawney126 India threatens to cancel Helo Contract The Fleet Air Arm 0
soleil Telegraph: "Liam Fox Warns Independence Threatens Scottish Bases And Shipbuilding" Current Affairs 0
NotmeChief North Korea threatens 'shots' over South's leaflets Current Affairs 0
Bergen Crowds Panic As Flooding Threatens Ireland Diamond Lil's 12
A Treasury threatens to slash defence budget by £35 Billion! Current Affairs 3
Seadog Russia Threatens to Train its Missiles on Poland & Czech Rep Current Affairs 11
NotmeChief Spam Retaliation Bloody Computers 1

Latest Threads

New Posts

Top