#70: heading east
Halliburton, the energy giant once headed by a Richard Cheney and the most favoured recipient of US government contracts in the last 6 years, announced that it was moving its headquarters from Texas to Dubai. It's easy to see the fit. From one oil-field to another, from one dry and arid landscape to another – the match is perfect.
Not long ago the US House of Representatives cited national security concerns to block a deal for the Dubai Ports World to manage 6 US ports. But now when the Dubai-based Halliburton wins the next hefty government bid, as it surely will in no time, how will the Capitol react? And that's not even accounting for the loss of tax revenues to the US treasury.
I'm just plain curious.
Not long ago the US House of Representatives cited national security concerns to block a deal for the Dubai Ports World to manage 6 US ports. But now when the Dubai-based Halliburton wins the next hefty government bid, as it surely will in no time, how will the Capitol react? And that's not even accounting for the loss of tax revenues to the US treasury.
I'm just plain curious.
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