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.
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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.
