Port Deal

The Homeland Security Department did at first object to the takeover of some U.S. port operations by a company based in the United Arab Emirates. It was the only objection among members of a government committee that eventually approved the multi-billion-dollar deal without dissent.
The department's objections were settled later in a review, after D.P. World agreed to a series of security restrictions.
Meanwhile, congressional leaders, the company and Bush administration officials appear to be moving closer to a compromise. It's intended to derail plans for bi-partisan legislation that would force a new investigation of security issues relating to the deal.
A D.P. World executive said the company would agree to tougher security restrictions to win congressional support only if the same restrictions applied to all U.S. port operators. FULL STORY