The Swiss government approved a bill that would allow the country’s central bank to revalue its gold and sell half of its reserves. The move would enable the country to create the $5 billion Foundation for Solidarity, announced last year to deflect criticisms that Switzerland profited from its financial dealings with Nazi Germany. The revaluation plan requires approval by a nationwide referendum. After saying last year that the referendum would take place during 1998, the government is now expecting it to take place next year.
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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.
