Buffalo News - Bill would stop sale of port operations to Arabs

Buffalo News - Bill would stop sale of port operations to Arabs:

"WASHINGTON - Democratic Sens. Hillary Rodham Clinton of New York and Robert Menendez of New Jersey have introduced legislation to prohibit companies owned or controlled by foreign governments from buying U.S. port operations.

The measure is intended to block the $6.8 billion sale of a company that operates six U.S. ports to a firm controlled by the United Arab Emirates.

'Our port security is too important to place in the hands of foreign governments,' Clinton said in a statement Friday.

.....
Condoleezza Rice says planned sale of port operations won't compromise safety of nation.'"