G
gilliam
Guest
I suspect America will pay a steep price for Congress’s rejection of this deal. It sent a message that for all the U.S. rhetoric about free trade and partnerships with allies, America is basically hostile to Arab investment. And it shouldn’t be surprising if Arab investors respond in kind.
To appreciate how cockeyed America’s Dubai-phobia is, you have to spend a little time here, as I did this week. The truth is, this is one of the few places in the Arab world where things have been going in the right direction – away from terrorism and Islamic fundamentalism and toward an open, modern economy. That’s why congressional opposition came as such a surprise here. People in the UAE think they’re America’s friends. Arab radicals will be gloating, admonishing the UAE leaders, “We told you so.” But officials here recognize that they’re in a common fight with us against al-Qaeda.
(Excerpt) Read more at washingtonpost.com …
To appreciate how cockeyed America’s Dubai-phobia is, you have to spend a little time here, as I did this week. The truth is, this is one of the few places in the Arab world where things have been going in the right direction – away from terrorism and Islamic fundamentalism and toward an open, modern economy. That’s why congressional opposition came as such a surprise here. People in the UAE think they’re America’s friends. Arab radicals will be gloating, admonishing the UAE leaders, “We told you so.” But officials here recognize that they’re in a common fight with us against al-Qaeda.
(Excerpt) Read more at washingtonpost.com …