Israels Parliament-approved into law today a bill converting the Dead Sea Potash Works from a Government-owned operation to a private one. The vote was virtually unanimous.
The measure reduced the Government’s ownership in the company to 35 percent thus enabling the new owners to obtain a $25,000,000 loan from the World Bank in addition to a $10,000,000 loan provided by an American financial firm the name of which was not disclosed.
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.
