Halliburton Co. is making a big push to expand its presence in the Middle East, with Chief Executive Officer Dave Lesar spending a substantial part of his time running the company from Dubai in the United Arab Emirates.
Mr. Lesar said that from his Dubai office he will be concentrating on building the Houston-based oil-services company's business with national oil companies in the Eastern Hemisphere, including Asia, Africa and the Middle East. "Growing our business here will bring more balance to Halliburton's overall portfolio," Mr. Lesar said in a statement. ...
That would be "Dubai," as in "Dubai Ports?"
Wasn't that the outfit we didn't want running our North American ports?
The Vice-President's previous affiliation with Halliburton is probably a coincidence.
USA Today puts this into the middle of their story...
FIND MORE STORIES IN: Iraq Dick Cheney Mideast Dubai Oil United Arab Emirates.
Why would they mess with Cheney like that?
I presume Halliburton will pay its taxes in Dubai after the move - that is to say, no taxes at all..
Somebody at UAE Community Blog sure noticed.
Love this comment...
Quick - let's move our IP offshore to a sharia law tax-free haven before our protector Bush gets out of office! I guess that it's closer to their main income source of Iraq..
Timing of the announcement was perfect. AFTER the Sunday talking heads but at the start of the week. Plenty of time for steam to blow off before next weekend.
Heck, this weekend is already an hour shorter thanks to the time change, and on St. Patrick's day everybody's gonna be drunk on green beer. These things take planning, you know.
Sorry. This was too good to pass up. I'm a sucker for chocolate and cheap shots.
Sunday, March 11, 2007
Posted by Hoots at 3:58 PM