At least 17 German banks and industrial firms have agreed to contribute to a fund from which payments will be made to an estimated 100,000 Jews who served as slave laborers during the Holocaust, the German government announced this week. Needy survivors may also be entitled to payments from the fund.
The government hopes the fund will begin making payments to survivors by Sept. 1, the 60th anniversary of Nazi Germany's invasion of Poland and the start of World War II, according to Elan Steinberg, executive director of the World Jewish Congress.
Under a $5.14 billion settlement reached Tuesday with Germany, Nazi slave laborers are expected to receive a one-time payment of about $10,000 in as early as six months, according to an attorney for many of the Jewish victims.
The settlement was reached after yearlong talks between the German government and German industry, and Jewish groups and victims' lawyers.
As Israelis buried their dead following back-to-back Palestinian suicide bombings Sunday in Tel Aviv that killed 22 bystanders (seven of them foreign workers) political campaign commercials began running on Israel TV Tuesday night and analysts wondered how the terror attack and new political scandals would impact the Jan. 28 national election.
Wednesday, May 27th, 2009
Surprising few, Rep. Anthony Weiner today ended speculation that he may enter the New York mayoral race, declaring in a New York Times Op-Ed that he is focused on making a difference in Washington, while likening a campaign against billionaire Mayor Michael Bloomberg to facing off a football team of 110 players with only ten teammates at his side.