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| Version 3 | Version 4 |
|---|---|
| $30m investment set aside for NI | $30m investment set aside for NI |
| (about 3 hours later) | |
| A total of US $30m is to be made available for potential investment in Northern Ireland by the New York state retirement fund. | A total of US $30m is to be made available for potential investment in Northern Ireland by the New York state retirement fund. |
| The state comptroller Thomas DiNapoli, who controls the pension funds of public workers from New York, made the announcement on Monday. | The state comptroller Thomas DiNapoli, who controls the pension funds of public workers from New York, made the announcement on Monday. |
| He said he was impressed by NI's "highly skilled workforce". | He said he was impressed by NI's "highly skilled workforce". |
| Deputy First Minister Mr McGuinness said it was a "massive vote of confidence" in the peace process. | Deputy First Minister Mr McGuinness said it was a "massive vote of confidence" in the peace process. |
| Mr McGuinness said that, despite recent dissident murders, people in the US understood there was opposition to groups derailing the peace process. | Mr McGuinness said that, despite recent dissident murders, people in the US understood there was opposition to groups derailing the peace process. |
| "I have to say I am very encouraged by the outcome of our discussions," he said. | "I have to say I am very encouraged by the outcome of our discussions," he said. |
| Thomas DiNapoli said there were opportunities in Northern Ireland"We have been through a difficult week back home and it was very important to see if people were shaken by it here. | |
| "It is clear that they are not." | "It is clear that they are not." |
| Warning | Warning |
| However, SDLP leader Mark Durkan warned against people thinking that investment money from the United States comes free. | However, SDLP leader Mark Durkan warned against people thinking that investment money from the United States comes free. |
| He said people should remember that interest rates in repaying the US loans can be higher than the banks. | He said people should remember that interest rates in repaying the US loans can be higher than the banks. |
| "People need to understand that the Emerald Fund is pension fund money. We are talking about a serious commitment by them and they obviously have to be looking for a return," he said. | "People need to understand that the Emerald Fund is pension fund money. We are talking about a serious commitment by them and they obviously have to be looking for a return," he said. |
| Mr McGuinness is in the United States with First Minister Peter Robinson, who visited Chicago for talks with US firms that employ people in Northern Ireland. | Mr McGuinness is in the United States with First Minister Peter Robinson, who visited Chicago for talks with US firms that employ people in Northern Ireland. |
| The first and deputy first ministers, local politicians and the Taoiseach Brian Cowen, will be in Washington DC this week for a series of St Patrick's Day events hosted by President Barack Obama and Vice-President Joe Biden. | The first and deputy first ministers, local politicians and the Taoiseach Brian Cowen, will be in Washington DC this week for a series of St Patrick's Day events hosted by President Barack Obama and Vice-President Joe Biden. |