So now the International Monetary Fund pipes up and claims that Middle East and Arab countries may be less likely to invest in the U.S. following the negative reaction to the Dubai Ports World deal. An IMF official told
Reuters many Mideast investors have been wary of investing the U.S. since Sept. 11, 2001—fearing that their assets would be seized for security reasons (As if!)—and that the DPW dispute confirmed their suspicions. Well, we Americans have just two words for you ’fraidy-cat Arab investors: So what? We’ll just take our business elsewhere. Name one thing—just one thing—Middle Eastern countries have that we might want. —
Jeffrey Kanige
Continue reading below
