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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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Wall Street Holds Steady Amid Trump's Tariff Threats

                                       

US stocks showed resilience on Tuesday as investors weighed President-elect Donald Trump's threat to impose fresh tariffs on China, Canada, and Mexico. The S&P 500 inched up roughly 0.3%, while the tech-heavy Nasdaq Composite jumped about 0.4%. However, the Dow Jones Industrial Average dropped 0.3% after hitting a record high.

Trump's pledge to impose tariffs from his first day in office initially sparked trade war fears, but Wall Street seemed to take the news in stride, holding onto gains from Monday's Bessent-bounce. Investors are now closely watching the release of Federal Reserve minutes for clues on the pace of interest rate cuts in the coming year.

European carmakers, particularly Nissan and Honda, faced pressure due to Trump's "America First" push, while the Mexican peso and Canadian dollar dropped sharply. Meanwhile, bitcoin retreated to trade around $92,840 per token as its bid for the $100,000 milestone ran out of steam.




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