{"id":6816,"date":"2006-03-09T13:55:28","date_gmt":"2006-03-09T18:55:28","guid":{"rendered":"http:\/\/www.thecarpetbaggerreport.com\/?p=6816"},"modified":"2006-03-09T13:55:28","modified_gmt":"2006-03-09T18:55:28","slug":"dubai-ports-world-gives-up","status":"publish","type":"post","link":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/dubai-ports-world-gives-up\/","title":{"rendered":"Dubai Ports World gives up on management plan"},"content":{"rendered":"

The reports are just starting to emerge, but apparently, Dubai Ports World has decided to give up<\/a> its management stake in some U.S. ports. Details soon.<\/p>\n

Update (2:34 pm)<\/em>: An unnamed domestic entity will, according to Senate Armed Services Committee Chairman Sen. John Warner (R-Va.), manage and operate the ports<\/a> in question.<\/p>\n

A United Arab Emirates-owned company has agreed to turn over all of its operations at U.S. ports to an American “entity,” Sen. John Warner said Thursday.<\/p>\n

Reading a statement from DP World on the Senate floor, Warner, a Virginia Republican, said the reason is “to preserve” the strong relationship between the UAE and United States.<\/p><\/blockquote>\n

Second Update (2:40 pm)<\/em>: It’s worth noting that this may not necessarily end the controversy. Dubai Ports World has given up operation<\/em><\/a> of the ports. Lawmakers who have proposals that would block ownership<\/i> of the ports may move forward with their plans anway. Stay tuned.<\/p>\n

Third Update (2:48 pm)<\/em>: The New York Times has a good report<\/a> on the developments, including the fact that DPW will transfer management of the six ports “to an American-owned company.” Even more importantly, the NYT noted that Sen. Chuck Schumer (D-N.Y.) called today’s announcement a promising development, but added that if the Dubai-owned company ultimately retained control over the port operations, “I don’t think our goals would be accomplished and obviously we will need to study this agreement carefully.”<\/p>\n

On a related note, Senate Minority Leader Harry Reid (D-Nev.) added, “We will have to wait and see what is really going to happen.” In other words, today’s announcement has not ended the controversy, at least not yet.<\/p>\n

Fourth Update (5:02 pm)<\/em>: There’s also — surprise, surprise — some question as to whether the White House coordinated<\/a> Dubai Ports World’s announcement today:<\/p>\n

The White House says they only knew of “rumors” of a deal, but one wonders whether there was coordination between the White House, DPW and Sen. John Warner, R-Va., who announced the agreement. It’s clear the White House knew, especially after meeting with congressional leaders this morning, that Congress was prepared to buck him on this.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

The reports are just starting to emerge, but apparently, Dubai Ports World has decided to give up its management stake in some U.S. ports. Details soon. Update (2:34 pm): An unnamed domestic entity will, according to Senate Armed Services Committee Chairman Sen. John Warner (R-Va.), manage and operate the ports in question. A United Arab […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[617],"tags":[],"class_list":["post-6816","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/posts\/6816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/comments?post=6816"}],"version-history":[{"count":0,"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/posts\/6816\/revisions"}],"wp:attachment":[{"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/media?parent=6816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/categories?post=6816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/tags?post=6816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}