DPW Withdraws From U.S. Ports Deal
I guess President Bush won’t get to whip out his veto pen after all.
A senior Frist aide told FOX News that the Senate majority leader and his staff informed DP World and UAE government officials Wednesday night to pull the plug on the deal. When asked what prompted this action from Frist, the aide said the House action Wednesday night created a “destabilized coalition among House and Senate GOP.”
Just one night before, GOP-led House Appropriations Committee passed a bill blocking the deal. Bush has vowed to veto any measure halting the deal.
By attaching it to a larger must-pass $91 billion spending bill funding wars in Iraq and Afghanistan, as well as hurricane recovery, lawmakers are challenging Bush: If he follows through on his veto threat, he would also be vetoing the entire package.
On another note, it is believed that UAE may retaliate against American strategic and commercial interests.
I say, maybe or maybe not. But as an Arab country, UAE’s loyalty will always be to other Arab countries, as opposed to the big band infidels.