Halliburton explained?

Question

On NPR yesterday they were talking about Halliburton's move to the Middle East. Those interviewed said that it was most likely an attempt to APPEAR more global, since a large part of it's income is from the global market. The fact is that it is still an American Company, subject to all American Laws no matter where it's headquarters are located at this time. And it's subsidiary that handles the defense contracts is nearly, and is trying to become, an independent corporation. With that in mind.. how do you feel about the move?

Answer 1

uh, krb will be split off from haliburton.

my guess is that this will free haliburton to do a long term move away from american regulation and taxation.

if you believe otherwise, you are dreaming.

still, last year when an amendment was added to keep non-american companies from getting defense contracts it was THE NOT SO PATRIOTIC REPUBLICANS who killed it.

they did so with haliburton in mind.

i say if haliburton loves uae so much, they should plan on not getting any more defense contracts in the usa any longer.

though as an arab company, i can't see why they would care...

Answer 2

Who else has bid for the contracts that Haliburton got? Why did the Clinton administration give them the bids in the first place?

I feel the move was made by people with more business savvy than you or me. It might be that many corporations are getting in over there. The trend says something about the accuracy of the media's portrayal. Did you know that there are more contractors than U.S. soldiers in Iraq? Hmmm....

Answer 3

Halliburton has the right to move any of it's offices anywhere it wishes. After all the bad publicity this company has received in this country and all the restrictions placed on the oil business in the US, can you blame them for relocating? Not to mention that an oil-related business might just want to go where the product is!

Answer 4

I don`t care if they move overseas as long as their profits are not in U.S. dollars.