The Arab press today reported the discovery of “considerable quantities of oil” somewhere between the Dead Sea and the Egyptian border.” The discovery was made by members of a British oil research group which is conducting boring operations in that region, the report said.
An Iraquian trade delegation has arrived here to negotiate a treaty between Izaq and Palestine. At a reception for the delegates, Geoffrey Walsh, economic advisor of the palestine Government and Food Controller, pointed out that while Iraq was a “supply” country, Palestine was a “demand” country and, therefore, the two could cooperate to their mutual benefits.
Palestine, he said, needed raw materials from Iraq, and could export to it nanufactured products in return. In 1944, Palestine’s imports from Iraq totalled about $13,500,000, while its exports to Iraq amounted to only about $1,500,000
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
