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.
As leaders from across Eurasia gather in Kyrgyzstan for the Shanghai Cooperation Organisation (SCO) summit, the...
Iran has reached an understanding with Oman on transit arrangements through the Strait of Hormuz, but the waterway will remain closed until the U.S...
The death toll from last week's catastrophic floods in Nepal and Tibet rose to 750 on Sunday, with 3,044 people s...
Iranian Foreign Minister Abbas Araghchi accused U.S. government and Israel-aligned actors of manipulating energy markets to promote the war with Iran.
Iran has reached an understanding with Oman on transit arrangements through the Strait of Hormuz, but the waterway will remain closed until the U.S. fulfils its commitments, a senior Iranian diplomat said on Saturday.
Russian strikes on the Kyiv region overnight killed 37 people, Ukrainian President Volodymyr Zelenskyy has said. Zelenskyy added that the Ukrainian capital was under "virtually nonstop attack" from drones.
At least 37 people were killed after a Russian drone strike hit an ammunition depot in the Kyiv region, triggering powerful secondary explosions President Volodymyr Zelenskyy said on Saturday, vowing to punish suspected negligence in the second such incident in two months.
Icelanders will vote on Saturday, 29 August, on whether to resume negotiations with the European Union, in a referendum that could reopen the country’s long-debated membership question.
As leaders from across Eurasia gather in Kyrgyzstan for the Shanghai Cooperation Organisation (SCO) summit, the meeting is bringing together countries with very different interests, from China and Russia to India, Iran and Azerbaijan.
The death toll from last week's catastrophic floods in Nepal and Tibet rose to 750 on Sunday, with 3,044 people still missing, as fresh rainfall pushed up river levels and forced rescuers to move to higher ground.
At least 37 people were killed after a Russian drone strike hit an ammunition depot in the Kyiv region, triggering powerful secondary explosions President Volodymyr Zelenskyy said on Saturday, vowing to punish suspected negligence in the second such incident in two months.
Türkiye, Saudi Arabia and Pakistan are set to convene the first high-level meeting under their newly established Mecca Joint Defence Agreement, marking an early step in efforts to deepen military and security cooperation among the three countries.
In Nepal's Chitwan district, a region better known for its forests, wildlife and pilgrimage sites, authorities are carrying out mass burials for hundreds of victims of the country's devastating glacier-triggered floods as the scale of the disaster continues to unfold.
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