Connect with us

International News

Trump Unveils $10bn ‘Board of Peace’ As Tensions With Iran Escalate

Published

on

Donald Trump on Thursday announced a $10 billion commitment from the United States to launch a new global initiative tagged the “Board of Peace,” even as tensions mount between Washington and Iran over its nuclear programme.

The initiative was formally inaugurated at the former United States Institute of Peace building in Washington, which has now been renamed in honour of the 79-year-old president.

ALSO READ: ‘Make A Deal Or Face Consequences’ – Trump Warns Iran

About two dozen world leaders and senior officials attended the ceremony.

Trump said the United States would spearhead funding for the new body, with its first major focus on rebuilding Gaza Strip, devastated by nearly two years of war between Hamas and Israel.

“Together we can achieve the dream of bringing lasting harmony to a region tortured by centuries of war and suffering,” Trump declared, describing peace as “an easy word to say, but a hard word to produce.”

Veto Powers and Funding Conditions
Under the structure unveiled at the event, Trump will retain veto power over decisions of the Board and may continue to lead it even after leaving office.

Countries seeking permanent membership beyond an initial two-year term would be required to contribute $1 billion.

Despite the $10 billion pledge, the president did not provide detailed clarification on how the funds would be allocated, drawing criticism from analysts who described the initiative as opaque.

The Board emerged following a ceasefire reportedly brokered in October by the United States alongside Qatar and Egypt to halt hostilities in Gaza.

The plan has now entered a second phase focused on disarming Hamas and stabilising the territory.

Gaza’s health authorities say hundreds have died since the truce began, underscoring the fragile nature of the ceasefire.

Iran Warning

The launch comes amid heightened tensions with Iran. Trump confirmed that US envoys recently held talks with Tehran’s top diplomat, pressing for major concessions, particularly regarding its nuclear ambitions.

“We have to make a meaningful deal; otherwise bad things happen,” Trump warned, adding that Washington could escalate further if negotiations fail within days.

US military assets, including warplanes and aircraft carriers, have reportedly been repositioned toward the region on presidential orders, fuelling speculation about possible military action.

International Participation

Among notable attendees was Indonesian President Prabowo Subianto, whose country has indicated readiness to deploy up to 8,000 troops if an International Stabilisation Force for Gaza is approved.

Hungarian Prime Minister Viktor Orban and Argentine President Javier Milei were also present, alongside Pakistan’s Prime Minister Shehbaz Sharif.

Israel was represented by its foreign minister, who stood alongside Qatar’s prime minister during a group photograph — a symbolic moment amid strained diplomatic relations.

A technocratic committee headed by engineer Ali Shaath has also been formed to oversee day-to-day governance in Gaza as part of transition efforts.

Mixed Reactions

However, critics have questioned the Board’s mandate and its relationship with existing global institutions such as the United Nations. Some analysts described the initiative as ambitious but lacking clarity and institutional coherence.

While supporters see it as a bold diplomatic experiment, others argue it reflects Trump’s personalised approach to foreign policy.

As diplomatic engagement with Iran continues and military deployments intensify, global attention is now fixed on whether the “Board of Peace” will ease regional tensions or coincide with a fresh escalation in the Middle East.

International News

After Turbulent Elections, Portugal Swears In Seguro as President

Published

on

Portugal officially inaugurated its new president, Antonio Jose Seguro, on Monday, pledging to bring stability to a nation shaken by political uncertainty and natural disasters.

Seguro, the centre-left candidate, won last month’s presidential run-off against far-right rival Andre Ventura, following weeks of catastrophic storms that killed at least seven people and caused approximately €4 billion ($4.6 billion) in damage.

Speaking at his swearing-in ceremony in Lisbon’s parliament, Seguro emphasized cooperation with the minority right-wing government and vowed to end the country’s “electoral frenzy.”

SEE MORE: Spain, Portugal Plunge Into Darkness Amid Widespread Power Outage

“I will do everything I can to put an end to this electoral frenzy,” he said, pointing to the inability of previous governments to complete their terms.

Amid global crises, including conflicts in the Middle East and a more isolationist US approach under President Donald Trump, Seguro stressed the importance of multilateralism.

“The force of law has been replaced by the power of the strongest,” he remarked.

Seguro succeeds Marcelo Rebelo de Sousa, a conservative who leaves office at 77 after serving two five-year terms.

While the Portuguese presidency is largely ceremonial, Seguro’s leadership signals a commitment to political stability and international engagement.

Continue Reading

International News

US-Israel-Iran War: Day Four Updates from the Middle East

Published

on

The war involving the United States, Israel and Iran intensified on its fourth day Tuesday, with fresh explosions reported in Tehran, missile interceptions over Jerusalem, and rising tensions spreading across Lebanon and Gulf states.

AFP journalists in Tehran reported loud blasts across several parts of the Iranian capital, though officials did not immediately confirm the exact targets.

RELATED NEWS: Tension in Lagos as IMN Protests ‘Assassination’ of Iran’s Khamenei

The conflict began over the weekend after coordinated US and Israeli strikes reportedly killed Iran’s Supreme Leader, triggering retaliatory attacks across the region.

Iran Appeals to UN

Iran called on the United Nations Security Council to intervene and halt the war. Foreign ministry spokesman Esmaeil Baqaei said the council had a responsibility to act, insisting there were no legal obstacles preventing immediate action.

Oil Surges as Hormuz Disrupted

Global oil prices spiked amid fears of supply disruption, particularly as the strategic Strait of Hormuz — a crucial oil shipping route — was effectively closed.

Brent crude rose more than eight percent to $85.12 per barrel, its highest level since mid-2024. Meanwhile, precious metals fell sharply, with gold dropping over four percent and silver plunging more than 12 percent as investors shifted toward energy and the US dollar.

Iran Issues Fresh Threats

Iran’s Revolutionary Guards warned of intensified attacks on US forces and Israeli targets.

A spokesman vowed that “continuous punitive attacks” would follow, declaring that the “gates of hell” would open against both nations.

Israeli Troops Advance in Lebanon
Israeli ground forces reportedly advanced into areas near Kfar Kila and the Khiam plains along the Lebanon border.

Israel said the move was aimed at creating a buffer zone to protect its northern communities.

The escalation has displaced at least 30,000 people in Lebanon, according to the UN refugee agency.

Nuclear Site Damaged

The International Atomic Energy Agency confirmed that Iran’s Natanz Fuel Enrichment Plant sustained recent damage to entrance buildings at its underground facility. However, the agency said no radiological consequences were expected.

Gulf Capitals, US Embassy Hit

Explosions were also reported in Manama and Doha as Iranian strikes continued into a fourth day.

In the UAE, drone debris sparked a fire in an oil zone in Fujairah, though authorities said the blaze was contained.

Two drones reportedly struck the US embassy in Riyadh, causing a fire. Saudi officials condemned the attack as unjustified.

Tech Infrastructure Targeted

US tech giant Amazon confirmed that two of its data centres in the UAE were directly hit by drones, disrupting cloud services in parts of the Middle East. A nearby facility in Bahrain was also damaged.

Global Reactions

US President Donald Trump criticised UK Prime Minister Keir Starmer over disagreements on the use of British military bases, saying relations were “not like they used to be.”

France deployed Rafale fighter jets to protect its bases in the UAE, while China urged all sides to ensure safety in the Strait of Hormuz and called for an immediate ceasefire.

Continue Reading

International News

Iran Presses UN Security Council to Intervene in Escalating War with Israel, U.S

Published

on

Iran has called on the United Nations Security Council to urgently intervene and halt the ongoing war involving the Islamic Republic, Israel and the United States.

Speaking during a weekly foreign ministry briefing on Tuesday, Iranian Foreign Ministry spokesman Esmaeil Baqaei said the global body has both the authority and responsibility to act in order to prevent further escalation of hostilities.

SEE ALSO: US, Israel Wipe Out Iran’s Top Military Brass as War Enters Third Day

“The United Nations Security Council has a duty… if it wishes, it can certainly act, because there is no obstacle to its action except its own will,” Baqaei stated.

His remarks come amid rising tensions and continued military exchanges that have heightened fears of a broader regional conflict.

Iran maintains that international institutions must step in decisively to prevent further loss of life and instability across the Middle East.

Tehran’s appeal places renewed pressure on the Security Council’s five permanent members, whose divisions have often stalled unified action in past conflicts involving major global powers.

Analyst say any meaningful intervention would require consensus among key stakeholders, including Washington and its allies.

The war has drawn global concern, with several countries calling for restraint and diplomatic engagement to avoid further deterioration of security in the region.

 

Continue Reading

Copyright © 2022. Biztellers, powered by Alphaxristi.

0
Would love your thoughts, please comment.x
()
x