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Global Coalition Prepares $5B Plan for Gaza Rebuilding

  U.S. President Donald Trump speaks during a session on his Board of Peace initiative at the Annual Meeting of the World Economic Forum in Davos, Switzerland, Thursday, Jan. 22, 2026. Former U.S. President Donald Trump announced that the newly formed Board of Peace is preparing to unveil $5 billion in international pledges aimed at rebuilding Gaza. The announcement comes ahead of the board’s first official meeting in Washington, where member nations are expected to outline financial commitments and contributions of personnel for stabilization efforts. The Board of Peace, introduced during discussions in Davos earlier this year, is positioned as a long‑term multinational initiative focused on regional recovery and security coordination. Countries seeking permanent membership have reportedly been asked to contribute financially, signaling an effort to build a durable coalition. Trump described the initiative as a significant step toward addressing humanitarian needs while establ...
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Markets Surge on Positive U.S. Retail Data


The stock markets opened with a bang today as both the TSX and the S&P 500 reached record highs, buoyed by encouraging U.S. retail data.

The S&P 500 climbed by 1.2%, closing at 5,308.15, while the TSX Composite Index rose by 41.42 points to settle at 22,284.76. This surge was driven by strong performances in the technology and utility sectors, reflecting investor optimism following a favorable U.S. retail sales report.

The U.S. retail data showed a robust increase in consumer spending, which has been a key indicator of economic health. This positive sentiment was further bolstered by lower-than-expected inflation figures, providing a double dose of good news for the markets.

Kathrin Forrest, an equity investment specialist at Capital Group, noted, "It’s been a really constructive day for equities, certainly in North America. The technology sector, in particular, ended the week with a strong rally, led by semiconductor companies".

As investors continue to digest these positive economic indicators, the outlook for the markets remains optimistic. The combination of strong retail sales and manageable inflation suggests a resilient economy, which is likely to keep the markets buoyant in the near term.


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