The New York State Retirement Fund has set aside $200 million to invest in Israeli infrastructure projects. The $109 billion pension fund, the second biggest in the United States behind California, will become one of the largest private investors in Israel. A spokesman for New York State Comptroller Alan Hevesi told Israeli and American businesspeople in New York this week that the move signifies a recognition that there “is a stable and growing economy in Israel,” and “allows us to express our solidarity with the State of Israel.”
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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.