RealNews

After stumble, U.S. ports deal clears last hurdle

Six major U.S. port operations will come under U.S. ownership after Dubai Ports World cleared a $50 million hurdle Friday to end a yearlong political conflict over security at the nation’s cargo terminals. DP World, based in United Arab Emirates, agreed in December to sell its U.S. ports operations to AIG Global Investment Group, following months of criticism that the UAE firm could not be trusted running the security-sensitive shipping apparatus. Full Story

OODA Analyst

OODA Analyst

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