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02/26/2006:

"Setting sail away from America: The world finds it's too hard to do business with the US"

Lucrative opportunities taken away on a political whim; the danger of being locked up by an over-mighty government agency; the brick wall of protectionism - the business community expects to do battle with all these things in an emerging market.

Yet this suddenly seems to be a description of doing business in that most developed of all markets, the United States of America.

In the UK, in the cash-rich Gulf states and in fast-growing India, different incidents in the past week have made people ask the same question: is it worth doing business with the US?

Critics say the outcry over the £3.9bn acquisition of P&O by Dubai Ports World, which will transfer the running of five US ports to a state-controlled Middle Eastern company, has exposed the US Congress at its xenophobic worst. But it has also revealed more starkly than ever the protectionist tide that is waxing in America under the guise of national security.
independent.co.uk

O please...