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Politics : Impeach George W. Bush -- Ignore unavailable to you. Want to Upgrade?


To: paret who wrote (55162)3/3/2006 5:54:10 PM
From: sea_biscuit  Respond to of 93284
 
While you are behaving like a third-grader, UAE is subjecting US to economic blackmail. Thanks Dumbya for everything!

The US could lose a host of much-needed inward investment as foreign countries disturbed by the row over the control of US ports look elsewhere to invest money.

The economy minister of the United Arab Emirates, the country at the heart of the row, said that while political pressure to block the deal would not prevent the Gulf state from seeking further investments in the US, it would likely give other countries pause.

Sheikha Lubna al-Qassimi said other markets in Asia and Europe would now prove more attractive to wealthy Arabs and other investors.

"There is no hesitation, this will not deter the UAE from investing further. This is a business deal that somehow got politicised. But when you have deals that are prolonged by interference of a political nature, it may encourage many countries to go into investments in other places." She said India, China and some countries in Europe would be the likely beneficiaries.


telegraph.co.uk.