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.
U.S. President Donald Trump has said he will “soon be reviewing” a new 14-point proposal sent by Iran, casting doubt on the chance...
U.S. Secretary of State Marco Rubio is expected to travel to the Vatican and Italy this week for a series of meetings, according to It...
Israel has approved a major defence deal to purchase new squadrons of advanced fighter jets from U.S. manufacturers Lockheed Martin an...
Ukraine has launched a new wave of drone strikes on Sunday (3 May) across Russia, hitting key infrastructure and causing casualties in several...
China has moved to block U.S. sanctions on five of its oil refineries, in a fresh escalation of tensions over trade and energy policy....
U.S. President Donald Trump has said he will “soon be reviewing” a new 14-point proposal sent by Iran, casting doubt on the chances of a deal after Tehran called for security guarantees, an end to naval blockades and a halt to the war across the region, including in Lebanon.
U.S. Secretary of State Marco Rubio is expected to travel to the Vatican and Italy this week for a series of meetings, according to Italian media reports, in a visit that comes amid strained relations between Washington and parts of Europe and heightened tensions involving Pope Leo XIV.
Israel has approved a major defence deal to purchase new squadrons of advanced fighter jets from U.S. manufacturers Lockheed Martin and Boeing, the country’s defence ministry said on Sunday (3 May).
Ukraine has launched a new wave of drone strikes on Sunday (3 May) across Russia, hitting key infrastructure and causing casualties in several regions, officials on both sides said.
U.S. President Donald Trump told reporters he was "not satisfied" with Iran's latest peace proposal, which was delivered to Washington via Pakistani mediators on Friday (1 May).
President Trump has issued a warning to the international community, claiming a nuclear-armed Iran would strike Israel "very quickly" before targeting Europe and the United States.
Ukraine is monitoring “unusual activity” along its border with Belarus, President Volodymyr Zelenskyy said in a video statement released on Saturday (2 May). He warned that Kyiv is ready to respond if necessary amid continued regional tensions linked to Russia’s war.
Hundreds of young people in South Korea have gathered in Seoul to take part in a city-backed “power nap contest”, aimed at drawing attention to the country’s chronic sleep deprivation.
Türkiye’s Vice President Cevdet Yılmaz is set to visit Armenia in early May to take part in the 8th European Political Community Summit, in what will be the highest-level Turkish visit to the country to date. Meanwhile, German Chancellor Friedrich Merz is reportedly expected to miss the forum.
U.S. Secretary of State Marco Rubio is expected to travel to the Vatican and Italy this week for a series of meetings, according to Italian media reports, in a visit that comes amid strained relations between Washington and parts of Europe and heightened tensions involving Pope Leo XIV.
Ukraine has launched a new wave of drone strikes on Sunday (3 May) across Russia, hitting key infrastructure and causing casualties in several regions, officials on both sides said.
China has moved to block U.S. sanctions on five of its oil refineries, in a fresh escalation of tensions over trade and energy policy.
Germany has said a planned reduction of U.S. troops should push Europe to take greater responsibility for its own defence, as concerns grow in Washington over the impact of the move on regional security.
Malian authorities have launched an investigation into suspected soldiers accused of involvement in coordinated attacks on military bases carried out by militants linked to al Qaeda and separatist Tuareg rebels on 25 April 2026.
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