No progress was achieved when lawyers representing Holocaust victims and Swiss banks met before a federal judge in New York in an attempt to reach an out-of- court settlement of Holocaust-era claims. Meanwhile, Swiss officials wrote a letter to the leaders of all 50 U.S. states and 15 major cities urging them not to back threatened sanctions against Swiss banks. The letter said sanctions – – threatened if the banks do not settle the claims — “could trigger a vicious circle of threats and counter-measures” that could affect nearly 500,000 jobs created in the United States by Swiss companies.
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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.
