News Hounds: Prince Alwaleed bin Talal, Rupert Murdoch and the United Arab Emirates - 1 views
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Younes Huber on 16 Nov 09Foreign investment is good for the expansion of a country's economy. However, could foreign ownership of domestic firms affect their reliability? In this case the (IMO already unreliable) news channel giant Fox News is put under pressure by its second largest shareholder: Prince Alwaleed Bin Talal, Saudi billionaire. Whether it is to correct awry facts or not, he could be meddling in the freedom of the press. Protectionism required?



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