Oy, this could be a problem...

The Jerusalem Post reports that the UAE-based company Dubai Ports World which is vying on taking over 6 major United States ports is known for and participates in the Arab boycott of Israel.

The story goes on to say that under United States law firms are barred from complying with requests to boycott Israel. And guess what? It's true!

So do we go into business with this company and contradict United States law and go ahead with it? I guess in 45-days we could find out.

Meanwhile, this is exactly what we import from Israel. The top 3 of 2005 (thousands of dollars):

1. Gem Diamonds - Uncut or Unset $8,089,139
2. Medicinal, Dental, Pharmaceutical Preparations $1,594,059
3. Telecommunications Equipment $626,216

This story was reported 13 hours ago since this posting (11:30 am CST). It would be interesting to see if any other media can pick it up and confirm this. This could be the tides of change for the entire deal.