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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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Hudson's Bay: A Canadian Legacy Faces Major Downsizing


Hudson’s Bay Company, a cornerstone of Canadian retail history, is set to undergo a significant transformation. Following a court decision, the company will retain only six stores across Ontario and Quebec, including flagship locations in downtown Toronto and Montreal. Meanwhile, liquidation sales for the remaining 74 stores will commence on March 24, 2025, with closures expected by June.

This decision comes after years of financial struggles and shifting consumer habits that have challenged traditional brick-and-mortar retailers. The retained stores represent a glimmer of hope for the 354-year-old institution, but the closures mark the end of an era for many communities across Canada.

As the liquidation process begins, shoppers will have a final opportunity to visit these iconic stores and purchase merchandise at discounted prices. The company’s future remains uncertain, but its impact on Canadian history and retail culture is undeniable.

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