College Presentation on Globalization and its effects on the emerging city of Dubai. UAE.

1. GLOBALIZATION AND ITS EFFECT ON DUBAI BY JOHN PERRY

2. Globalization “ The increasing integration of developing countries in world trade and world finance, along with the deregulation and liberalization of markets, asset diversification, and increased activity by multinational corporations (35).” Moghadam, V.M. (2005). Globalizing women: Transnational Feminist Networks. Baltimore, MD: The Johns Hopkins University Press.

7. Western Influence Into Dubai Over the last thirty years, Dubai has attempted to keep up with the West by allowing foreign investment into its region.

12. Secure America’s Ports!

14. Lieberman Sounds Off

15. 2/10/06 Dubai Ports World (DPW) buys out P&O Shipping ($6.8 billion), the British Shipping Firm that works out of 6 U.S. ports. 2/15/06 Both Democrats and Republicans call for review of deal. 2/19/06 Homeland Security Secretary Michael Chertoff defends the deal. 2/21/06 Senate Majority Leader Bill Frist, R-Tennessee, and House Speaker Dennis Hastert, R-Illinois, among lawmakers that call for the administration to stop the deal. 2/21/06 President Bush says he will veto any legislation that will block the deal. 2/23/06 DPW and the White House agree to delay the ports deal, to give the president more time to convince members of Congress there is no threat to national security. 3/8/06 House Appropriations Committee votes 62-2 to block ports deal 3/9/06 Sen. Frist and Sen. Hastert tell President Bush the bill is dead on Capitol Hill. 3/9/06 DPW agrees to turn over all of its port operations in the U.S. to a U.S. entity TIMELINE OF EVENTS