Abu Dhabi's sovereign wealth plans
Posted by Editor on March 20, 2008 at 07:03 PM
Yousef Al Otaiba, director of international affairs for the government of Abu Dhabi, outlines Abu Dhabi’s sovereign wealth plans in the Wall Street Journal and writes that, “In a world thirsty for liquidity, receiving nations should be mindful of the signals sent through protectionist rhetoric and rash regulation.”
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Thanks, Mr. Yousef Al Otaiba.
You know, I gotta say: while I see the national security implications of foreign governments buying up our companies, it’s letters like Yousef Al Otaiba’s that give me some slight sense of comfort. Not that I am so gullible (especially from what I read on the WSJ) but if every other foreign leaders came out and said flat out what their investment goals were, we’d have much less of a transparency problem.
I’m just waiting for Putin to write to our newspapers…