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Trump Convenes First Peace Board Meeting Amid Lingering Gaza Uncertainties

  The U.S. Institute of Peace building prepares to host U.S. President Donald Trump's first Board of Peace meeting in Washington, D.C., U.S., February 18, 2026. As President Donald Trump prepares to chair the inaugural meeting of the newly formed Board of Peace, the gathering is already drawing global attention due to unresolved questions surrounding the ongoing humanitarian and political crisis in Gaza. The board, created to advise on conflict resolution and long‑term stability initiatives, is expected to face immediate scrutiny over how it will address the region’s fragile cease-fire and the stalled negotiations between Israeli and Palestinian representatives. Officials close to the administration have signaled that the meeting will focus on establishing the board’s priorities, though observers note that the situation in Gaza looms large over any discussion of regional peace. Humanitarian groups continue to raise alarms about access to aid, reconstruction challenges, and the un...
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Canada to Unveil Budget Amid Fiscal Doubts

 

Canadian Finance Minister Chrystia Freeland is set to present the budget on Tuesday, but experts remain skeptical about the government’s fiscal targets. The recent surge in spending plans, particularly in housing, defense, and healthcare, has raised concerns about weakening government finances.

In last year’s Fall Economic Statement (FES), the government aimed to cap the fiscal 2023-24 budget deficit at C$40.1 billion ($29.12 billion), equivalent to about 1.4% of GDP. However, economists estimate that the deficit for the fiscal year ending March 31 could be around C$47 billion, primarily driven by government expenses.

Freeland acknowledges the need for investment in Canada’s current housing affordability crisis, exacerbated by a lack of supply and increased migration. The opposition Conservative Party has criticized the Liberal government for this situation, impacting Prime Minister Justin Trudeau’s popularity.

The upcoming budget, scheduled for presentation to parliament on Tuesday at 4:00 p.m. EDT (2000 GMT), will likely force the government to consider new taxes. However, raising taxes in an inflationary environment could hinder business investments necessary for improving Canada’s productivity.

Despite these challenges, Canada’s sovereign debt remains highly rated globally, providing some stability amidst fiscal uncertainties.

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