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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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Chrystia Freeland Steps Down as Finance Minister, Exits Trudeau's Cabinet

 

In a surprising turn of events, Chrystia Freeland has resigned from her position as Canada's Finance Minister and will be leaving Prime Minister Justin Trudeau's cabinet. The announcement came just hours before she was scheduled to present the fall economic statement.

Freeland, who has been a key figure in Trudeau's government, cited differences with the Prime Minister over the best path forward for Canada as the primary reason for her resignation. In her resignation letter, she expressed her belief that to be effective, a minister must have the full confidence of the Prime Minister, which she felt she no longer possessed.

The resignation has thrown the Liberal government's plans into disarray, with the fiscal update now in limbo. Freeland's departure has sparked reactions from various political figures, with some expressing shock and others pointing to it as a sign of internal discord within the Liberal Party.

Freeland's resignation marks a significant shift in Canadian politics, as she has been a prominent and influential member of Trudeau's cabinet. Her decision to step down underscores the challenges and complexities of political leadership in times of economic uncertainty.




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