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Bush to veto ports deal? Unlikely.

President Bush seems unlikely to veto a deal that would place the majority ownership of US seaports in the hands of an arab company.

The deal will see a British company, which currently manages the seaports, acquired by the UAE ports authority.

Bush claimed that the deal was a legitimate business transaction that would not compromise the security of the country. Analysts however suggest that this will however impact homeland security efforts, as the ports are seen as the cornerstone to the defence of the nation.

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