Russian President Vladimir Putin said on Wednesday that Moscow could pay $1 billion from Russian assets frozen abroad to secure permanent membership in President Donald Trump’s proposed ‘Board of Peace’.
Speaking at a meeting of Russia’s Security Council, Putin said he had instructed the Foreign Ministry to examine the proposal and coordinate Russia’s position with partner countries. He said the payment could be drawn from assets frozen during a previous U.S. administration.
“We could send one billion U.S. dollars from Russian assets frozen earlier to the Board of Peace,” Putin said.
The White House announced the formation of the Board of Peace last week, alongside the creation of a National Committee for the Administration of Gaza, one of several bodies intended to oversee a transitional phase in the territory.
According to statements from invited governments, participation in the board is free for the first three years, after which permanent membership would require a $1 billion contribution.
The announcement comes as phase two of a ceasefire agreement in Gaza takes effect, following months of fighting that have resulted in more than 71,000 deaths and more than 171,000 injuries since October 2023, according to local health authorities.
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Iran’s Revolutionary Guards navy held military exercises in the Strait of Hormuz on Monday (16 February), state-linked media reported. The drill took place a day before renewed nuclear negotiations between Tehran and Washington in Geneva.
The 2026 Munich Security Conference (MSC) unfolded over three intense days in Munich, confronting a defining question of our era: has the post-Second World War international order collapsed - and if so, what will replace it?
Iran’s Foreign Minister Abbas Araghchi arrived in Geneva on Monday ahead of a second round of indirect nuclear talks with the United States, according to Iranian state media.
Azerbaijan and Serbia have formally launched a Strategic Partnership Council, marking a new phase in bilateral relations and placing cooperation under direct presidential oversight.
U.S. Ambassador to NATO Matthew Whitaker said China has the power to bring an end to Russia’s war in Ukraine, arguing that Beijing is enabling Moscow’s military campaign.
Austria’s Janine Flock won the gold medal in the women’s skeleton event at the Milano-Cortina 2026 Winter Olympics on Saturday.
Iran’s Supreme National Security Council Secretary Ali Larijani said the United States could evaluate its own interests separately from those of Israel in ongoing negotiations between Tehran and Washington.
U.S. Secretary of State Marco Rubio on Sunday (15 February) called it “troubling” a report by five European allies blaming Russia for killing late Kremlin critic Alexei Navalny using a toxin from poison dart frogs.
Ukrainian President Volodymyr Zelenskyy said on Saturday that Russia’s decision to change the leadership of its delegation for upcoming peace talks in Geneva appeared to be an attempt to delay progress.
U.S. Secretary of State Marco Rubio said Washington is ready to pursue diplomacy with Iran as nuclear talks resume in Geneva, using a visit to Budapest on Monday (16 January) to reaffirm both U.S. negotiating aims and strong ties with Hungary ahead of its April election.
Geneva is set to host two sets of negotiations on Tuesday, with U.S. officials meeting Iranian representatives in the morning and a trilateral session on Ukraine scheduled for the afternoon. The talks aim to advance a resolution of Iran’s nuclear programme and a U.S.-brokered peace plan for Ukraine.
Iran’s Revolutionary Guards navy held military exercises in the Strait of Hormuz on Monday (16 February), state-linked media reported. The drill took place a day before renewed nuclear negotiations between Tehran and Washington in Geneva.
A man accused of carrying out Australia’s deadliest mass shooting in nearly three decades appeared briefly in a Sydney court on Monday (16 February), facing terrorism and murder charges over the 14 December attack on a Jewish Hanukkah celebration at Bondi Beach that left 15 people dead.
The 2026 Munich Security Conference (MSC) unfolded over three intense days in Munich, confronting a defining question of our era: has the post-Second World War international order collapsed - and if so, what will replace it?
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