I cannot say I am surprised to learn yet another giant corporation is leaving the U.S.
It will likely be a major benefit for stockholders, and may allow them to escape from troubling legal investigations into their practices and avoid taxation too. Halliburton is leaving the U.S. and headed into the Middle East.
The Freedonian has more on the story, noting:
"The Halliburton contracts have to end and end immediately. A company that we know we can't trust has relocated to a nation we know we can't trust. If Iraq had a fraction of the connection to the 9/11 attacks that UAE had, attacking them would have been the right thing to do.
I'm not advocating attacking UAE. But they've already proven their willingness to take any investment we make in them and make it pay dividends in blood. Our government has a responsibility to the American people to not help fund the next attack on them."