International: Dubai Firm Ends Us Political Showdown

Summary


A Dubai-owned company abruptly abandoned its plan for managing operations at six US ports yesterday, defusing an election-year showdown between President George Bush and the Republican- controlled Congress.

"DP World will transfer fully the US operations ... to a United States entity," Edward Bilkey, the company's top executive, said in the surprise announcement. It was unclear which American business might get the port operations.

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Extract


International: Dubai Firm Ends Us Political Showdown

Hours earlier, Republican Hou...

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