German banks will make millions of dollars as a result of exchange rates from the transfer of funds to pay Holocaust-era slave and forced laborers, German officials acknowledged. The officials made the comment after the Polish-German Reconciliation Foundation, which will distribute payments to former laborers in Poland, charged that Germany had set an artificially low exchange rate for the $788 million earmarked for Poland.
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.