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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.
During World War II, Germany extracted payments from occupied countries, compelled loans, stole or destroyed property. In addition, countries were obliged to provide resources, and forced labour. After World War II , according to the Potsdam conference held between July 17 and August 2, 1945, Germany was to pay the Allies US$23 billion mainly ...
Most of the war's major battles occurred in France and Belgium, with both the French countryside and Belgian countryside being heavily scarred in the fighting. Furthermore, in 1918 during the German retreat, German troops devastated France's most industrialized region in the north-east (Nord-Pas de Calais Mining Basin) as well as Belgium.
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 ...
The idea of paying reparations or making other amends for transatlantic slavery has been gaining momentum worldwide, including efforts to establish a special tribunal on the issue.
Article 231, often known as the "War Guilt" clause, was the opening article of the reparations section of the Treaty of Versailles, which ended the First World War between the German Empire and the Allied and Associated Powers.
An official who spent 4 decades at the Fed says $2 trillion in annual reparations is the least we can do to fix systemic racism: ‘I just don’t want to wait for another generation’
The post Top 10 reasons why lineage-based reparations is a bad plan appeared first on TheGrio. OPINION: By limiting reparations to the descendants of enslaved people, a California task force ...