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Article: Patriot games.(WORLD WATCHER)(Dubai Ports World takeover deal)
- Article from:
- USA TODAY
- Article date:
- May 1, 2006
- Author:
CopyrightCOPYRIGHT 2006 Society for the Advancement of Education. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MOHAMMED SHARAF, chief executive of Dubai Ports World, says that the virulent reaction to DP World's takeover of a previously British-owned service contract came as "a real shock." It shouldn't have. Like the Bush Administration that had approved the deal, Sharaf was completely out of touch with American reality.
There was a clear sign of trouble in reports from the respected and nonpartisan Business Environment Risk Intelligence (BERI) Operations Risk Index. On a six-point scale, for its rating on "Attitudes Toward Foreign Investors and Profits," the U.S. has declined from a reasonably high 5.0 (Belgium was the highest at 5.25) during the last year of the ...