July 13, 2005

Take note, the Cold War might be back in town!

Sir, On July 13th the House Armed Services Committee in Washington held a hearing on the potential national-security implications in the possible merger of the China National Offshore Oil Corporation with Unocal Corporation. It is not our role to qualify what was discussed but hearing so many arguments about energy survival, rumors of cadres of spies and of bad and conspiratorial intentions all so eagerly and emotionally juggled around, we wish to advance the possibility that, as of this date, the Cold War is back in town. Take due note!

Sent to FT, July 13, 2005