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Thursday, March 2, 2006

Dubai Ports Deal Raises New Concerns in Congress

"Lawmakers raised new objections on Tuesday to the proposed takeover of some terminal operations at six United States ports by a Dubai company, demonstrating that the administration-backed plan still faced significant obstacles despite an agreement for a more extensive review of any security risks posed by the change in control.

"Senate Democrats seized on a report that the parent company of state-owned Dubai Ports World honors an Arab boycott of Israel, saying the United States should not be rewarding companies tied to discrimination against a major ally." ...

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