Blair Distances Himself From $1 Bln Board of Peace Fee

Summary

Bloomberg's Dan Williams reports on political friction inside the Trump administration's Gaza peace architecture. A draft charter for the Board of Peace would require a $1 billion buy-in for permanent membership and could position the board as a competitor to the UN. The executive board is set to include Qatari and Turkish representatives, which Israel opposes, adding to difficulties in turning the Gaza ceasefire into a long-term peace deal. Former UK Prime Minister Tony Blair, appointed to the executive panel, declined to endorse the $1 billion fee, according to the video description.

• Trump's Board of Peace draft charter reportedly requires a $1 billion permanent-membership buy-in.
• The board would be chaired by Trump and could rival the United Nations.
• The executive board would include Qatari and Turkish representation.
• Israel objects to Qatar and Turkey's involvement, seeing them as too close to Hamas.
• The disputes add to challenges in converting the Gaza ceasefire into a long-term peace deal.
• Tony Blair declined to endorse the $1 billion fee, per the video description.
• The report contains no market or investment recommendations.