The United-Arab-Emirates-based company Dubai Ports World has graciously requested a new 45-day review in the hopes of allaying concerns about its proposal to take over the British-based company P&O, which if approved would allow DP World to operate 11 of the 43 terminals at the ports of 6 U.S. cities. Here I summarize a few of the issues that have been raised about this takeover.
Author Archives: James_Hamilton
Not to worry about the January durable goods figures
There are things you may fret about, but the most recent statistics on durable goods orders shouldn’t be one of them.
Iraq’s electricity challenges
Those who want to see Iraq’s democracy fail have targeted electricity production as one of the key strategic objectives of the conflict. Those who want to see Iraq succeed would be wise to do likewise.
Oil at $15-30 a barrel?
Arnold Kling was surprised by what he found in the energy chapter of the Economic Report of the President.
Nigeria back in the news
And the news is not good.
Capital corruption
The case against my former representative in Congress, Randy “Duke” Cunningham (R-CA), is pretty unbelievable.
The Bernanke era begins
New Fed Chair Ben Bernanke
provided his first testimony before Congress this morning.
Oil shocks and personal saving
Mark Thoma notes some interesting thoughts by Harvard professor Martin Feldstein on why the oil shock of 2005 was not more disruptive.
A proposal for Iraq
Here are some thoughts on how to get the vast oil wealth of Iraq working most quickly and effectively to benefit the Iraqi people.
Gold and inflation
What’s behind the ongoing run-up in gold prices? One popular interpretation is that investors fear a resurgence of U.S. inflation. But that story just doesn’t square with the facts.