P&O

By Abid Ali in Business on February 23rd, 2010
Photo courtesy of Getty Images
There’s a stench of protectionism over the US reaction to Toyota’s troubles.
 
The hysteria in political circles is overdone and reminds me of the time Dubai decided to buy P&O’s ports. Dubai was forced to hand over the reigns to the US ports because it posed a threat to national security.
 
Dubai did what it has always done; it spent millions of dollars on a public relations offensive. It came as no surprise that some in the United States did not know where Dubai was. But those from the US media who were flown to the emirate were surprised at what they saw when they arrived in Dubai – a modern, prosperous emirate. Something you assumed they did not associate with the Middle East.