“Trump’s 'Board of Peace' fund for Gaza received no money: Financial Times US President Donald Trump’s "Board of Peace" has “zero” cash in its official fund despite member countries pledging billions of dollars, according to a report by The Financial Times. The newspaper said the fund, administered by the World Bank and endorsed by the United Nations, has not received any donor money since the board was established in January, citing four unnamed sources “familiar with the matter”. “Zero dollars have been deposited,” one source told the FT. Trump created the board to support the reconstruction of Gaza following Israel’s genocide in the Palestinian territory, but drew criticism after extending invitations to figures including Russian President Vladimir Putin and countries with little involvement in traditional Middle East diplomacy. An EU-UN assessment released in April estimated that more than $71bn would be needed over the next decade to rebuild Gaza. According to the report, several major European countries have distanced themselves from the initiative, which includes ideological allies of Trump and smaller nations seeking closer ties with the US president.
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