n e u f n e u f: wtf is going on in poti?

29 August 2008

wtf is going on in poti?

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I'm sorry to say we have to read McClatchy stuff with some skepticism now too, but they do still manage to get some real information into their pieces. I don't know about you, but I've been hugely skeptical about everything relating to the UAE, most particularly Dubai, but all of them, for quite some time. It seems to be turning into a place for rogue American corporations, for the forces I feel already have managed a sort of coup here, and now I find this snippet where I'm looking to find the traces of what/who brought on the Georgian attack on South Ossetia and why:

In April, the Georgia government sold a 51 percent stake in the port to a United Arab Emirates investment fund to develop a free economic zone. The RAK Investment Authority plans to spend $200 million to build a new port, spawning additional development that's expected to generate up to 20,000 jobs over the next five years, according to news reports.

And somehow I think the Russians would be vastly more cognizant of the perfidies being perpetrated by the denizens of this hub for global resource domination freaks than we can hope to become.

How can this little place creating offshore spaces for non-resident business administration buy 51% of the most important port in the Caucasus and it not be a matter of some notoriety in our mainstream press? Do we call it "global fascism"? Or is my old tag "globalization" good enough?

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