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Nations React to Reported $1 Billion Fee for Trump’s Peace Board

  President Trump said the Peace Board 'will embark on a new approach to resolving global conflict'. Reports surrounding President Donald Trump’s proposed Board of Peace have ignited global debate after claims surfaced that countries may be asked to contribute $1 billion to secure or maintain permanent membership. The board, envisioned as a body overseeing governance and reconstruction efforts in Gaza, would reportedly be chaired by Trump himself, who would hold authority over which nations are admitted. A draft charter circulating among diplomats outlines three‑year membership terms, renewable only with the chairman’s approval. It also suggests that nations contributing $1 billion within the first year could bypass term limits and secure a permanent seat. The White House has pushed back on the reports, calling them misleading and insisting that no mandatory membership fee exists. Officials acknowledged that major financial contributors could receive greater influence but ...
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Wall Street Poised for Higher Open Ahead of Fed Decision


U.S. stock futures are pointing to a higher open on Wednesday as investors gear up for the Federal Reserve's upcoming decision on interest rates. The Dow Jones Industrial Average, S&P 500, and Nasdaq futures are all showing gains, indicating a positive start to the trading day.

Market participants are eagerly awaiting the Federal Reserve's announcement, with many expecting a quarter-percentage point cut in the federal funds rate. This anticipated move comes as the Fed aims to support a slowing job market while keeping inflation in check.

Investors are also keeping an eye on the Fed Chair Jerome Powell's remarks following the decision, as his comments could provide further insights into the central bank's future monetary policy direction.

The premarket optimism follows a week of mixed economic reports and comes ahead of the Fed's last meeting of the year. Analysts believe that a series of rate cuts could help boost the economy and support investment prices, although there are concerns about potential inflationary pressures.

As the market awaits the Fed's decision, all eyes will be on how the central bank navigates the delicate balance between fostering economic growth and maintaining price stability.



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