Israeli Prime Minister Ehud Barak offered the governorship of the Bank of Israel to an economics professor currently teaching at Harvard University. It was not immediately clear if Elhanan Helpman, formerly of Tel Aviv University, has agreed to succeed Jacob Frenkel. After serving nine years in the post, Frenkel resigned Sunday night, effective at the start of the year.
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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.