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  • Bush Accepts DP World's Offer of Review

    02/26/2006 4:19:04 PM PST · by KCRW · 559 replies · 5,970+ views
    The Miami Herald ^ | 02/26/2006 | TED BRIDIS
    WASHINGTON (AP) -- The Bush administration said Sunday it will accept an extraordinary offer by a United Arab Emirates-based company to submit to a second - and broader - U.S. review of potential security risks in its deal to take over significant operations at six leading American ports. The plan averts an impending political showdown. The Treasury Department said in a statement it will promptly begin the review once the company formally files a request for one. It said the same government panel that earlier investigated the deal but found no reason for national security concerns will reconsider it. In...