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Germany was ordered to pay the heirs of a Jewish department store chain nearly $68 million in restitution and interest for properties confiscated by the Nazis. The ruling by a Berlin administrative court for the heirs of the Schocken family was announced formally on Thursday, according to German news reports. The court had made its…
The Israeli financial newspaper, Globes, reported some more details on Leonid Nevzlin’s recent purchase of 20% of Haaretz. I wrote about the initial news on Sunday and wondered whether this said something about the political diversity of the Russian Jewish community in Israel. The idea that Nevzlin — even if only a constituency of one…
The Israeli paper Haaretz, reported yesterday that Leonid Nevzlin, whom I described last year as the Russian oligarch “who got away,” just purchased 20% of the company’s shares. Its value: 700 million shekels. This leaves the legendary Schocken family, owners of the paper since 1937, with a 60% stake (David Remnick recently had an illuminating…
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