Dubai Ports executive knocks U.S. port security law - Yahoo! News
Dubai Ports executive knocks U.S. port security law - Yahoo! News: "WASHINGTON (Reuters) - An executive with Dubai Ports World, the Arab-owned firm whose purchase of American port facilities caused an uproar this year, on Tuesday said a new U.S. port security law was fundamentally inadequate.
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'There's a fundamental shortcoming in the SAFE Port Act,' said David Sanborn, Dubai Ports World's managing director of the Americas. 'It's not ambitious enough.'
Dubai Ports, owned by the United Arab Emirates, became the center of a bitter debate in Congress after buying assets at six U.S. ports within its $6.8 billion purchase of Britain's Peninsular & Oriental Steam Navigation Co. in February."
-ED NOTE - IT APPEARS THE UAE WOULD LIKE US TO GIVE THEM HUNDREDS OF MILLIONS OF DOLLARS SO THAY CAN 'SECURE' OUR PORTS, WHICH THEY DID, IN FACT, PURCHASE.
