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War reparations are compensation payments made after a war by one side to the other. They are intended to cover damage or injury inflicted during a war. War reparations can take the form of hard currency, precious metals, natural resources, industrial assets, or intellectual properties. [ 1 ]
Following their defeat in World War I, the Central Powers agreed to pay war reparations to the Allied Powers. Each defeated power was required to make payments in either cash or kind. Because of the financial situation in Austria, Hungary, and Turkey after the war, few to no reparations were paid and the requirements for reparations were cancelled.
Reparations are broadly understood as compensation given for an abuse or injury. [1] The colloquial meaning of reparations has changed substantively over the last century. In the early 1900s, reparations were interstate exchanges (see war reparations) that were punitive mechanisms determined by treaty and paid by the surrendering side of a conflict, such as the World War I reparations paid by ...
By Daria Sito-Sucic TUZLA, Bosnia (Reuters) - Bahira was 14 when she was repeatedly raped by Bosnian Serb soldiers who attacked her Muslim village early in Bosnia's 1990s war. "When I saw the ...
After World War II, both the Federal Republic and Democratic Republic of Germany were obliged to pay war reparations to the Allied governments, according to the Potsdam Conference. Other Axis nations were obliged to pay war reparations according to the Paris Peace Treaties, 1947. Austria was not included in any of these treaties.
Vitalii Zhyvotovskyi, a 51-year old from the Kyiv suburb of Bucha, is trying to rebuild his house after it was heavily damaged during Russia’s occupation of the area earlier this year.
Reparations from Russia after the Russo-Ukrainian War is a full or partial compensation (under the peace treaty or other international acts) by Russia for the damage caused to Ukraine as a result of the annexation of Crimea, the war in eastern Ukraine and the Russian invasion of Ukraine.
Poland’s outgoing deputy foreign minister said Thursday that he has written to newly-elected legislators and senators urging them to continue to seek some $1.3 trillion in reparations from ...