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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Britain and Israel have reached a temporary compromise over the future of the British Consulate General in East Jerusalem, easing a diplomatic dispute that had threatened to further strain relations between the two countries.
A powerful explosion has been reported at King Khalid International Airport in Riyadh, raising fresh concerns over aviation security in Saudi Arabia as tensions across the region continue to escalate.
South African judge Navanethem “Navi” Pillay won the Nobel Peace Prize on Friday “for her efforts to promote peace and international law,” the Norwegian Nobel Committee said.
The U.S. has imposed sanctions on the International Criminal Court (ICC) on Friday (9 October) escalating tensions with European allies and potentially targeting companies that provide services to the tribunal. The move came hours after former ICC judge Navi Pillay won the Nobel Peace Prize.
Indian police detained more than 2,000 protesters in Delhi on Saturday as authorities blocked a planned demonstration calling for the resignation of Chief Election Commissioner Gyanesh Kumar over disputed changes to voter lists.
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Russian President Vladimir Putin expressed surprise after Donald Trump mediated the Armenia-Azerbaijan peace agreement in 2025, the U.S. President said at a rally in New York state on Friday.
The United Nations has condemned a sharp rise in attacks on civilians in Ukraine, reporting that more than 100 people were killed and at least 429 injured in a single week as Russian strikes hit residential areas, passenger buses and critical infrastructure.
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