White House objects to foreign investment, cites national security
Increased international investment in U.S. properties is one sign that the global economic downturn is easing. But the Obama administration isn’t pleased by all of the proposed investments. The New York Times reports in an exclusive story that the White House is citing national security concerns in objecting to two investment poposals by companies controlled by China and the United Arab Emirates. Times Washington correspondent Eric Lipton is covering the story.
The story you just read is available for free because thousands of listeners and readers like you generously support our nonprofit newsroom. Every day, reporters and producers at The World are hard at work bringing you human-centered news from across the globe. But we can’t do it without you: We need your support to ensure we can continue this work for another year.
Make a gift today, and you’ll get us one step closer to our goal of raising $25,000 by June 14. We need your help now more than ever!