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Israeli report sets Holocaust damages as high as $330B

[JURIST] The Israeli government [official website] has released a report setting material damages to the Jewish people during the Holocaust [Wikipedia profile] between $240 billion and $330 billion. The report is the first of its kind, including not only the value of looted Jewish property but also lost income and wages, as well as unpaid wages from forced Jewish labor. The report estimates the value of plundered Jewish property at current prices to be $125 billion, the loss of income at $104 billion to $155 billion, and unpaid wages of forced laborers at $11 billion to $52 billion. Aharon Mor, a Finance Ministry official who headed the committee which published the report, said they used extrapolations of information drawn from more than 100 sources and did no original research in compiling the report. Studies indicate only 20 percent of stolen Jewish assets has been returned. The report called on countries to implement special legislation to speed up restitution to survivors. AP has more and Haaretz has local coverage.

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