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.”
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.