kijk, HIER gaat het nou allemaal om, jammer dat zovelen dat niet begrepen hebben:
ABU DHABI (Reuters) - The Dubai Ports furor will color foreign investors' perceptions of the United States and affect future investment decisions, the United Arab Emirates' central bank governor said on Sunday.
The governor's comments were the first from a senior UAE official since state-owned Dubai Ports announced on Thursday that it would transfer six U.S. ports to a U.S. entity, to allay concerns that the deal posed a threat to American security.
Governor Sultan Nasser al-Suweidi said the row kicked up by U.S. lawmakers over the ports deal betrayed a double standard.
"It is against the principles of international trade ... which the U.S. was instrumental in making. They are contravening their own principles in this respect," Suweidi told reporters.
"Investors are going to take this into consideration ... They will look at investment opportunities (in the United States) through new binoculars."
While Suweidi made no specific reference to Arab investment, his remarks underscored growing concern of a backlash among Gulf Arab investors.
Governments in the world's biggest oil exporting region are diversifying away from U.S. assets, as record oil prices drive up cash available for foreign investment by about $180 billion a year -- about 16 percent of the external funding needed to cover the U.S. current account deficit.
Without making a link to the ports affair, Suweidi said the central bank was looking to convert up to 10 percent of its foreign exchange reserves from dollars into euros -- double the target the bank had previously set.
UAE central bank foreign reserves -- estimated at $23 billion in December -- are held virtually entirely in dollars. The bank said in July it was looking to convert 5 percent of that into euros.
"Yes it's an increase. The euro will become more attractive definitely and once it becomes more attractive the decision will be to shift but in a reasonable way," Suweidi said.
He said bank executives would consider the shift at a meeting in April.
The central bank controls only part of the official foreign exchange reserves of the UAE, an oil-exporting federation of seven emirates. Other major holders include the investment arms of the emirates' governments.
Speculation that major central banks were looking to trim their dollar holdings reached fever pitch during the dollar's slide against the euro in the three years to 2004, but eased as the U.S. currency regained ground last year.
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Als men MINDER gaat investeren in dollars, terwijl amerika's economie niet zonder kan, kunnen er hele onaangename rente-stijgingen optreden ........