Israel has formally objected to the composition of a newly announced U.S.-supervised Gaza peace board, triggering fresh diplomatic friction between Jerusalem and Washington at a critical moment in the conflict. The Israeli Prime Minister’s Office says the executive panel overseeing the Gaza peace plan was revealed without prior consultation, raising concerns over Israel’s exclusion from a process directly affecting its national security. President Donald Trump has described the board as a “new approach to conflict resolution,” inviting global leaders to participate in shaping Gaza’s future. However, Israel’s concerns highlight growing friction over decision-making authority, regional sovereignty and the broader framework guiding post-conflict governance in Gaza. WATCH
18 January,2026 08:42 PM IST
A major trade storm is brewing as the U.S. Senate signals full support for President Donald Trump’s plan to impose a massive 500% tariff on Chinese imports in response to Beijing’s continued energy trade with Russia. Treasury Secretary Scott Bessent confirmed the Senate’s backing during the IMF and World Bank Investment Forum, where U.S. officials drew direct links between China’s oil purchases and Moscow’s war funding. Trade Representative Jamieson Greer joined Bessent in addressing the press, emphasizing that Washington is prepared to escalate economic measures if China continues to bolster Russia’s wartime economy through energy transactions. WATCH
16 October,2025 11:52 PM IST
The United States on Feb 23 nominated Indian-American Ajay Banga to lead the World Bank. Exuding confidence in Banga, President Biden announced that the White House is nominating ex-Mastercard CEO as World Bank head. The Indian-origin and Padma Awardee is currently serving as the vice-chairman at private equity firm General Atlantic. President Biden also said that Banga has a critical experience mobilizing public-private resources to tackle the challenges of current scenario. The decision came after David Malpass, the current President of the World Bank announced his plans to step down.
25 February,2023 12:31 AM IST | Mumbai
Prime Minister Narendra Modi inaugurated Madhya Pradesh Global Investors Summit in Indore today, through video conferencing.The Prime Minister said India has been on the path of ‘Reform, Transform and Perform’ since 2014. “Not just we the Indians but every institution and expert in the world seems to be confident about this. The IMF sees India as a bright spot in the global economy. The World Bank says that India is in a better position to deal with global headwinds than many other countries,” said the PM. Delegations from more than 65 countries are participating in the Global Investors Summit. More than 500 prominent industrialists in the country are also participating in the summit.
11 January,2023 05:34 PM IST | MumbaiADVERTISEMENT
