NYC comptroller backtracks on buying Israeli bonds by saying they aren't a good investment

NEWS SUMMARY

New York City Comptroller Mark Levine has reversed his pledge to purchase Israeli bonds, citing deteriorating credit conditions and financial risks within Israel. Levine stated the decision was based solely on financial considerations, not political opposition to Israeli policies, and that the investment is not viable at this time.

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The comptroller of New York City, an avowed supporter of Israel, has backtracked on his pledge to purchase the country’s bonds, citing deteriorating credit conditions and financial risks in the country. Mark Levine, a Democrat who campaigned on buying Israeli bonds, told The New York Times that he has decided against the move.

NYC comptroller backtracks on buying Israeli bonds by saying they aren't a good investment

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