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Setting up a state governed under strict Islamic law has long been a goal of many jihadists.
He has also promised to defend indebted companies from foreign takeovers by setting up a state asset management company.
"When images and videos are taken together and understood together, it's all pretty clear what they are trying to get across – that Isis is not just a jihadist group fighting, it is setting up a state.
The United States and its allies want to "protect the Jewish occupiers and achieve their expansionist dream of setting up a state between the Nile and Euphrates," he said.
As part of the budget agreement struck in Albany this week, lawmakers and Gov. Andrew M. Cuomo, who last year vetoed a bill setting up a state War of 1812 commission, finally found some money to help pay for events marking the bicentennial of the war, which began with the United States' declaration of war against Britain on June 18 , 1812
"Daesh leaders are working at setting up a state and do not deny the existence of terrorist volunteers from European countries who may or may not have dual nationality … it goes beyond what we experienced before with al-Qaida," he said.
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But setting up a state-owned oil firm is a big expense in itself.
John Lynch, New Hampshire's governor at the time, signed a bill prohibiting the state from setting up a state-run health exchange.
Florida joined 25 other states in saying no to setting up a state-run health insurance exchange, the second optional prong of the Affordable Care Act.
At home, worries about weak banks starving small businesses of credit have prompted the government to propose setting up a state-backed lender.Lloyds, Britain's biggest retail bank when judged by its share of the domestic market, reported a pre-tax loss of £439m ($698m) in the first half of this year.
He noted that the city had already been considering an offer from the state Department of Community Affairs, which had pledged $6 million over three years as well as legal assistance in fighting Mr. Carabetta's claim in exchange for setting up a state-controlled redevelopment authority.
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Justyna Jupowicz-Kozak
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