The Trump administration has denied a report that countries would be required to pay $1bn to join a proposed U.S.-backed peace initiative, after Bloomberg News said a draft charter set out a membership fee.
Bloomberg reported on Saturday that the charter envisaged member nations paying $1bn to remain on the so-called Board of Peace. According to the report, Donald Trump would serve as the board’s inaugural chairman, with member states appointed for renewable terms of up to three years.
Reuters said it could not immediately verify the Bloomberg report.
The White House dismissed the claim as "misleading", saying there was no minimum membership fee to join the board.
"This simply offers permanent membership to partner countries who demonstrate deep commitment to peace, security, and prosperity," the White House said in a post on X.
The U.S. State Department referred Reuters to previous social media posts about the board by Trump and his special envoy, Steve Witkoff, which made no reference to any payment requirement.
The Board of Peace is a U.S.-backed initiative announced by Donald Trump as part of a proposal to oversee the temporary governance of Gaza following a ceasefire between Israel and Hamas.
According to U.S. officials, the board would supervise a transitional period in which Gaza would be administered by a Palestinian technocratic body, before potentially expanding its remit to address other international conflicts.
Trump is expected to serve as the board’s inaugural chairman
Invitations have been sent to leaders from several countries, although the White House has said the roles and responsibilities of individual members have not yet been finalised.
The plan has drawn criticism from rights experts and diplomats, who argue that a U.S.-led body overseeing governance in a foreign territory could undermine international norms and existing multilateral frameworks.
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Employees of Voice of America (VOA) who had spent nearly a year on paid administrative leave may soon return to work after U.S. District Judge Royce C. Lamberth ruled that efforts to scale down the broadcaster were unlawful.
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Morocco has been declared winners of the 2025 Africa Cup of Nations and Senegal stripped of their title by the Confederation of African Football (CAF).
One person has died after a cable car cabin at the Titlis ski resort in central Switzerland plunged down a snow-covered mountainside on Wednesday (18 March) amid strong winds.
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Transport groups across the Philippines launched a nationwide strike on Thursday in protest against rising oil prices. The action affected 15 to 20 protest centres in Metro Manila, with similar demonstrations taking place across several major provinces.
European Union leaders are meeting in Brussels on 19–20 March for a high-stakes summit shaped largely by external geopolitical shocks, with surging energy prices and a stalled €90 billion loan to Ukraine emerging as the dominant issues.
Heavy social media usage appears to contribute to a drop in wellbeing among young people, especially girls, in some English-speaking countries, the World Happiness Report found.
Anutin Charnvirakul has returned to power after winning a fresh mandate on Thursday following a Parliamentary vote in a country plagued by political drama and turmoil.
Costa Rican President Rodrigo Chaves ordered the closure of the country’s embassy in Havana on Wednesday (18 March), saying he didn’t recognise Cuba’s government.
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