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The Spectacle Blog
In the deal that was widely rumored to be in the works, Dubai Ports World will divest the U.S. assets of Peninsular and Oriental Steam Navigation Co, the British company that currently manages the port operations.
Short term: Bush is harmed politically. Long term: This reaction will hang over the heads of those who rushed to the microphones.
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More Blog Posts by David Holman
http://spectator.org/blog/2006/03/09/everybody-wins
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