The takeover of the Peninsular and Oriental Steam Navigation Company (P&O) by Dubai Ports World (DP World) in early 2006 came at an interesting time for American foreign policy and for world politics in general.
Involvement in Iraq had started to take a severe toll on the popularity of President George Bush's administration. The Western world was still reeling from terrorist attacks in New York, Madrid and London. The European Union was continuing to hold back on opening formal accession nego
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