Congress is up in arms over the acquisition of six US port operations by a Dubai company, fearing homeland security could be compromised.
Lawmakers are upset that [Peninsular and Oriental Steam Navigation], which runs 100 ports in 19 countries, is being purchased by [Dubai Ports] World with the approval of the U.S. Committee on Foreign Investment in the United States (CFIUS), a 12-member panel chaired by Treasury Secretary John Snow and comprised of members of the departments of State, Defense, Justice, Commerce and Homeland Security.
P&O currently runs commercial operations in the ports of New York, New Jersey, New Orleans, Baltimore, Philadelphia and Miami.
I can't help wondering if they've even caught wind of a planned spaceport in the UAE.
The commercial spaceport would be based in Ras Al-Khaimah near the southern end of the Persian Gulf, and the UAE government has made an initial investment of $30 million, the Arlington, Virginia-based company [Space Adventures] said in a statement...
The agreement between Space Adventures and the Texas-based venture capital firm Prodea would help finance suborbital vehicles being designed and built by the Russian aerospace firm Myasishchev Design Bureau.
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