Robert Fisk / TruthdigNov 28, 2009
There are two basic truths about Dubai which, predictably, have not found their way into market speculation or newspaper analysis The first is that Dubai may soon find itself a satellite not of its Abu Dhabi capital but of India. Dig deeper ( 4 Min. Read )
Staff / TruthdigNov 28, 2009
Dubai's debt issues caused trouble in other parts of the world Friday. Stock markets from Europe to Asia to the U.S. registered the effects of the city-state's announcement that it would need to put off paying back $60 billion in debt incurred from investments, according to The Wall Street Journal. Dig deeper ( 1 Min. Read )
Staff / TruthdigFeb 16, 2009
Gas may be cheap again, but the bursting of the petro bubble has sent unemployment soaring to 40 percent among Middle Easterners 15 to 24 years old, stirring unrest. Dubai's airport parking lots are littered with abandoned cars as foreign nationals flee. Egypt, with half a million newly unemployed headed home from abroad, could see a repeat of last year's bloody economic riots. Dig deeper ( 1 Min. Read )
Join our newsletterStay up to date with the latest from Truthdig. Join the Truthdig Newsletter for our latest publications.
Robert Scheer / TruthdigJun 27, 2007
War profiteering is hardly a new phenomenon, but it's happening on unprecedented levels in Iraq, thanks to hefty contracts between the U.S. government and companies like Halliburton and its former subsidiary KBR. KBR's bookkeeping has recently come under scrutiny as American taxpayers continue to subsidize its wartime projects. Dig deeper ( 3 Min. Read )
Staff / TruthdigMay 10, 2007
The Gulf nations of the Mideast have long been allies of the U.S. and Vice President Dick Cheney has been dispatched to make sure that doesn't change, but Iranian President Mahmoud Ahmadinejad is also visiting the region in an attempt to win over disgruntled governments. Mustafa Alani, a regional analyst, sums up how the Gulf is handling all the attention: "We have a deep mistrust of both sides." Dig deeper ( 1 Min. Read )
Staff / TruthdigMar 12, 2007
Oil giant Halliburton has decided to move its headquarters to the United Arab Emirates in order to better exploit Mideast opportunities. The controversial company has had much success in the region, with no-bid contracts in Iraq helping it pull in $22.6 billion in global revenues in 2006. Dig deeper ( 1 Min. Read )
Staff / TruthdigMar 10, 2006
The UAE-owned company dropped its bid to control six major U.S. ports. A United States-owned company will instead take possession. Dig deeper ( 1 Min. Read )
Staff / TruthdigMar 8, 2006
Breaking with Bush, House Republicans will allow a vote that could prevent a UAE company from gaining control over six major U.S. ports. Dig deeper ( 1 Min. Read )
Staff / TruthdigMar 7, 2006
It's little more than an unconfirmed report in the NY Daily News right now, but the White House is said to be pushing the UAE company to partner with a US firm to ease the acquisition of those six major U ports The candidate best equipped for the job: Dick Cheney's old company. Dig deeper ( 1 Min. Read )
Staff / TruthdigMar 4, 2006
The prominent opposition of Rep. Peter T. King (R-N.Y.) to Bush's Dubai Ports deal may have earned him some punishment from the White House: The Pentagon isn't providing him a plane for his planned delegation to Iraq. Dig deeper ( 1 Min. Read )
Staff / TruthdigMar 3, 2006
A Bush official claims that the Dubai ports deal will close Friday or Monday, despite a 45-day review by the U.S. government.
Uhhh, can anyone help us figure this one out? It seems ludicrous, but then again, so was Bush's immediate response to Sept. 11. Dig deeper ( 1 Min. Read )
Staff / TruthdigMar 2, 2006
The spinmeister in chief gave the Arab country advice on how to allay concerns about its pending takeover of major U.S. ports. (Clinton did this at the same time his wife was railing against the deal--just in case anyone mistakenly assumes that the N.Y. senator takes all her cues from the ex-prez.) Dig deeper ( 1 Min. Read )
Join our newsletterStay up to date with the latest from Truthdig. Join the Truthdig Newsletter for our latest publications.
Now you can personalize your Truthdig experience. To bookmark your favorite articles and follow your favorite authors, please login or create a user profile.
Now you can personalize your Truthdig experience. To bookmark your favorite articles and follow your favorite authors, upgrade to supporter.