Clintons differ on port deal?

Ex-US President Bill Clinton has privately advised Dubai on how to address US political concerns over a controversial port takeover bid even as his wife publicly attacks the deal, the Financial Times newspaper said.

    Dubai Ports World is bidding to takeover Britain's P&O

    Dubai Ports World bid to takeover Britain's P&O, which runs terminal operations at six major US ports, has triggered a political firestorm in the United States.

    Senator Hilary Clinton has voiced vigorous opposition to the $6.8 billion takeover, saying it threatens US national security.

    She is attempting to push legislation through Congress that seeks to block the deal, partly on the grounds that DP World is foreign-government owned.

    On his part, Clinton, who the paper said was paid $300,000 in 2002 to address a summit in Dubai, has advised Dubai officials on how to soothe US concerns over the deal.

    US ally

    A spokesman for the former president, told the FT: "Mr Clinton, who this week called the United Arab Emirates a 'good ally to America,' advised Dubai's leaders to propose a 45-day delay to allow for an intensive investigation of the acquisition."

    DP World has agreed with the White House to undertake a more lengthy review process of the deal, despite already receiving government approval for it to proceed.

    The takeover would see DP World run ports at Baltimore, Miami, New Jersey, New Orleans, New York and Philadelphia.

    SOURCE: AFP


    YOU MIGHT ALSO LIKE

    The woman who cleans up after 'lonely deaths' in Japan

    The woman who cleans up after 'lonely deaths' in Japan

    When somebody dies lonely and alone, Miyu Kojima steps in to clean their home and organise the mementos of their life.

    Putin and the 'triumph of Christianity' in Russia

    Putin and the 'triumph of Christianity' in Russia

    The rise of the Orthodox Church in Russia appears unstoppable, write filmmakers Glen Ellis and Viktoryia Kolchyna who went to investigate the close ties between the church and Putin.

    The chill effect: Is India's media running scared?

    The chill effect: Is India's media running scared?

    Much of India's media spurns a scoop about the son of PM Modi's right-hand man. Plus, NFL as platform for race politics.