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SCOTUS rules against Trump tariffs; Board of Peace’s sweeping plans for Gaza “redevelopment”

Trump announces $7 billion in pledges for Gaza reconstruction from nine countries. Five countries pledge troops to “stabilization force.” The Board’s Nickolay Mladenov says disarmament plans have been finalized with mediators. Hamas responds to Board of Peace meeting, calls for“right to freedom and self-determination.” Trump announces FIFA partnership. Israeli real estate billionaire pitches “Mediterranean Riviera” vision for Gaza’s redevelopment. Israel strikes continue across Gaza. SCOTUS strikes down Trump’s reciprocal tariffs, the White House’s key economic and foreign policy cudgel. Trump signals escalation is possible within 10 days amid U.S.-Iran nuclear talks. Palestinian journalists describe systematic torture in Israeli detention. U.S. sanctions RSF commanders for El-Fasher atrocities. New York City budget gap sparks fight over taxes and spending cuts. Iran tells United Nations U.S. bases will be targeted if Washington attacks. Private Cuban firms begin importing limited fuel. Turkey objects to Chevron-led gas exploration south of Crete. U.S. in talks to route Venezuelan oil to India.

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Empty Havana gas station in Havana on February 19, 2026, as Cuba faces a severe energy crisis from U.S. sanctions. Photo by YAMIL LAGE / AFP via Getty Images.

Board of Peace

  • Trump announces $7 billion in pledges for Gaza reconstruction: President Donald Trump announced Thursday at the first meeting of the Board of Peace (BoP) that nine members have agreed to pledge $7 billion toward Gaza’s reconstruction. The countries that made pledges include Kazakhstan, Azerbaijan, the United Arab Emirates, Morocco, Bahrain, Qatar, Saudi Arabia, Uzbekistan, and Kuwait, Trump said. Trump also announced the U.S. would pledge $10 billion for the Board of Peace without specifying where the money would come from or what would be used for.

  • Board of Peace unveils long-term reconstruction and governance plan for Gaza: A video opening the meeting outlined a 20-point blueprint to rebuild Gaza, with plans to reconstruct Rafah within three years, sharply cut unemployment, and link the Strip to the global economy by means of a regional corridor (the “Abrahamic gateway”). Within ten years, the video said, Gaza would be self-governed and economically integrated, with “thriving industries” and housing for its residents. It also promised a new education curriculum promoting “tolerance, dignity, and peace.” All of this hinges on Gaza’s full disarmament under “one authority, one law, and one weapon,” according to the video.

  • Plans for the “Stabilization Force”: U.S. Special Operations

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