According to the Soviet Government newspaper, Izvestia, the world economic conference in Jerusalem proved a link between Western capitalists and alleged plans by Israel to annex occupied Arab territories. The charge was made in an Izvestia article by Sergei Zykov, quoted in the Soviet Press Review distributed here by the Soviet Mission to the United Nations. According to Zykov, “800 bankers and industrialists who discussed the question of lending assistance to Israel” gave prominence to “projects concerning the ‘domestication’ of lands seized by Israel from the Arab countries last June.”
“Is there any need for accentuating the direct line between projects of this kind, which promise huge profits to Western bankers and monopolists, and Israel’s policy which tries to annex the occupied Arab territories?” Zykov asked.
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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.