Cue the Costanza voice and forehead vein. "I'm still raging! That makes me so mad!"
Fallout from the DPWorld deal is going to start soon. OPEC doesn't meet until June 1 but I wouldn't plan on that preventing gas prices from creeping upwards. Emirates is looking into buying long range twin engine, twin aisle airliners and I think Airbus is probably having a bottle of champagne over the US Senate's actions. Dubai needs developers and contractors to roll out their ambitious real estate projects, but I bet Bechtel's bid will get squeezed out now.
Global businesses based in America are going to feel the sting as investments and customers head elsewhere. I'm having a flashback to a letter to the editor at the Daily Press wondering what 'those Arabs' are trying to pull... well we sure showed them. "They're bee boppin' and skattin' and I'm losing it!" Time to taste our own medicine; vigilante-imposed economic "sanctions" aren't very effective when the entity you are sanctioning has what you want or need but doesn't need or want what you have.

posted at 6:05 PM - comments