The World Bank-administered fund for Trump’s “Board of Peace” in Gaza contains zero dollars, despite approximately $17 billion in pledges, due to stalled disbursement and legal disputes. The board has reportedly directed some donations into a private JPMorgan Chase account instead of the transparent, World Bank-administered account, drawing sharp criticism over a lack of independent oversight. No reconstruction contracts have been awarded because the board cannot operate in Gaza without security, but security is impossible without funding—creating a deadlock tied to Hamas’ refusal to disarm. The board’s requirement of a $1 billion entry fee has deterred major allies like France…

Newswire

Features

The Latest

Editor's Picks