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Where the market is king...

Where the market is king...

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Old Mar 10th 2006, 4:35 pm
  #1  
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Default Where the market is king...

The Dubai Ports deal saga... the US has handled this so badly. It beggars belief the way this has been blocked.

Its fine for 75% of US ports to be handled by foreign companies, but when it is an Arab owned company then, "NO we will not allow it".

Racist, xenophobic, nonspecific and against the free market.

Democrats and Republican's alike, a sorry mess.

"It is just assuming that if a company is from the Middle East it is de facto disqualified from investing in the United States, and I think that is a terrible message to send," said Daniel Griswold, director of the Cato Institute's Centre for Trade Policy Studies.
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Old Mar 11th 2006, 4:25 am
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Default Re: Where the market is king...

Originally Posted by Autonomy
The Dubai Ports deal saga... the US has handled this so badly. It beggars belief the way this has been blocked.

Its fine for 75% of US ports to be handled by foreign companies, but when it is an Arab owned company then, "NO we will not allow it".

Racist, xenophobic, nonspecific and against the free market.

Democrats and Republican's alike, a sorry mess.

"It is just assuming that if a company is from the Middle East it is de facto disqualified from investing in the United States, and I think that is a terrible message to send," said Daniel Griswold, director of the Cato Institute's Centre for Trade Policy Studies.

I hope Muslims and Arabs have finally learned a lesson! Keyword: 'Hope'
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Old Mar 11th 2006, 4:39 am
  #3  
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Default Re: Where the market is king...

Agreed!! Still it's funny, the US are still happy to accept large amounts of money from the Middle East, Saudi in particular!!
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Old Mar 11th 2006, 8:00 am
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Default Re: Where the market is king...

Originally Posted by Zannie
Agreed!! Still it's funny, the US are still happy to accept large amounts of money from the Middle East, Saudi in particular!!
I do like the fact that some gormless neocon senator branded the UAE an "enemy of the United States" because two of the 9/11 hijackers were from the UAE and some of the money that funded the attack was supposedly channelled through Dubai. The fact that eleven of the hijackers were Saudis seems completely to have escaped his attention. Wonder why?

Still, given that the Republican policy seems to be "revenge for 9/11 by attacking countries that had nothing to do with it", the House of Saud has nothing to worry about.
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Old Mar 12th 2006, 4:37 am
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Default Re: Where the market is king...

Is this the end of globalisation?

We've seen the US go from free trade to protectionism (steel, beef, aerospace industry and now this)

They probably thought globalisation meant 'we can screw the little guys' and never realised it meant your markets could be under threat.
 
Old Mar 13th 2006, 9:59 am
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Default Re: Where the market is king...

Originally Posted by W10
Is this the end of globalisation?

We've seen the US go from free trade to protectionism (steel, beef, aerospace industry and now this)

They probably thought globalisation meant 'we can screw the little guys' and never realised it meant your markets could be under threat.


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