Zürcher Nachrichten - Trump to charge $1bn for permanent 'peace board' membership: reports

EUR -
AED 4.294071
AFN 74.831603
ALL 95.784573
AMD 439.707942
AOA 1072.201088
ARS 1615.867406
AUD 1.653654
AWG 2.106109
AZN 1.985425
BAM 1.956894
BBD 2.352045
BDT 143.460223
BHD 0.4411
BIF 3472.669067
BMD 1.169249
BND 1.489546
BOB 8.069547
BRL 5.959781
BSD 1.167768
BTN 108.144249
BWP 15.729998
BYN 3.391884
BYR 22917.277346
BZD 2.348674
CAD 1.616259
CDF 2689.272888
CHF 0.924315
CLF 0.026472
CLP 1041.870776
CNY 7.988133
CNH 7.986893
COP 4272.996516
CRC 542.908238
CUC 1.169249
CUP 30.985094
CVE 110.493422
CZK 24.375443
DJF 207.798767
DKK 7.472804
DOP 70.593394
DZD 154.729847
EGP 62.06794
ERN 17.538733
ETB 183.045709
FJD 2.583997
FKP 0.870012
GBP 0.871031
GEL 3.145794
GGP 0.870012
GHS 12.879277
GIP 0.870012
GMD 86.524263
GNF 10260.158313
GTQ 8.934034
GYD 244.317667
HKD 9.160451
HNL 31.136458
HRK 7.535455
HTG 153.156955
HUF 376.807391
IDR 20007.016973
ILS 3.586555
IMP 0.870012
INR 108.1205
IQD 1531.715986
IRR 1538731.479262
ISK 143.408709
JEP 0.870012
JMD 184.635617
JOD 0.828979
JPY 186.07251
KES 151.126034
KGS 102.249055
KHR 4691.612767
KMF 492.254153
KPW 1052.270326
KRW 1730.318753
KWD 0.361333
KYD 0.973157
KZT 556.868545
LAK 25682.550613
LBP 104649.896551
LKR 368.470776
LRD 215.434138
LSL 19.093299
LTL 3.452488
LVL 0.707267
LYD 7.430625
MAD 10.871821
MDL 20.167795
MGA 4852.382536
MKD 61.666299
MMK 2455.165483
MNT 4180.357441
MOP 9.423591
MRU 46.781954
MUR 54.463755
MVR 18.064962
MWK 2030.985476
MXN 20.314412
MYR 4.644287
MZN 74.773001
NAD 19.093386
NGN 1592.22437
NIO 42.93495
NOK 11.102094
NPR 173.028978
NZD 1.999077
OMR 0.44958
PAB 1.167758
PEN 3.943296
PGK 5.040924
PHP 69.853856
PKR 326.249655
PLN 4.24784
PYG 7544.315567
QAR 4.263196
RON 5.091379
RSD 117.377432
RUB 90.761749
RWF 1708.857186
SAR 4.387802
SBD 9.410796
SCR 17.746982
SDG 702.718438
SEK 10.865502
SGD 1.489424
SLE 28.768796
SOS 668.229077
SRD 43.935107
STD 24201.09037
STN 24.916693
SVC 10.217845
SYP 129.264934
SZL 19.093519
THB 37.606566
TJS 11.111556
TMT 4.098217
TND 3.371821
TRY 52.194217
TTD 7.921531
TWD 37.11488
TZS 3034.200806
UAH 50.724216
UGX 4303.424879
USD 1.169249
UYU 47.396707
UZS 14288.220627
VES 555.467273
VND 30792.168311
VUV 139.765824
WST 3.237991
XAF 656.332441
XAG 0.015447
XAU 0.000246
XCD 3.159953
XCG 2.104704
XDR 0.816267
XOF 656.539251
XPF 119.331742
YER 278.924228
ZAR 19.185741
ZMK 10524.642103
ZMW 22.275742
ZWL 376.497651
  • RBGPF

    -13.5000

    69

    -19.57%

  • GSK

    0.9900

    58.36

    +1.7%

  • NGG

    0.3600

    90.32

    +0.4%

  • CMSD

    0.0900

    22.59

    +0.4%

  • CMSC

    0.1000

    22.39

    +0.45%

  • RIO

    -1.3200

    97.13

    -1.36%

  • BCE

    -0.2300

    23.89

    -0.96%

  • BTI

    -1.1000

    58.85

    -1.87%

  • RYCEF

    1.9800

    17.23

    +11.49%

  • RELX

    -0.5900

    33.34

    -1.77%

  • AZN

    0.7200

    204.99

    +0.35%

  • JRI

    0.1300

    12.98

    +1%

  • BCC

    1.3500

    80.58

    +1.68%

  • VOD

    0.0800

    15.85

    +0.5%

  • BP

    0.0100

    45.9

    +0.02%

Trump to charge $1bn for permanent 'peace board' membership: reports
Trump to charge $1bn for permanent 'peace board' membership: reports / Photo: Brendan SMIALOWSKI - AFP

Trump to charge $1bn for permanent 'peace board' membership: reports

US President Donald Trump's government has asked countries to pay $1 billion for a permanent spot on his "Board of Peace" aimed at resolving conflicts, according to US media reports.

Text size:

The White House has asked various world leaders to sit on the board, chaired by Trump himself, including Russian President Vladimir Putin, Hungarian premier Viktor Orban and Canada's Mark Carney.

Member countries -- represented on the board by their head of state -- would be allowed to join for three years, or longer if they contributed more than $1 billion within the first year, according to Bloomberg, which first reported the sum.

"Each Member State shall serve a term of no more than three years from this Charter's entry into force, subject to renewal by the Chairman," stated the board's draft charter obtained by Bloomberg and other media.

"The three-year membership term shall not apply to Member States that contribute more than USD $1,000,000,000 in cash funds to the Board of Peace within the first year of the Charter’s entry into force."

The board was originally conceived to oversee the rebuilding of Gaza, but its charter, widely cited by US media, does not appear to limit its role to the Palestinian territory.

The White House said there would be a main board, a Palestinian committee of technocrats meant to govern the war-wracked territory, and a second "executive board" that appears designed to have a more advisory role.

"The Board of Peace is an international organization that seeks to promote stability, restore dependable and lawful governance, and secure enduring peace in areas affected or threatened by conflict," the charter says.

'Failed institutions'

The document was sent to dozens of world leaders who were invited to join the board, the Times of Israel reported.

It appears to take a swipe at international institutions such as the United Nations, saying that the board should have "the courage to depart from approaches and institutions that have too often failed."

Trump has regularly criticized the United Nations and announced this month that his country will withdraw from 66 global organizations and treaties -- roughly half affiliated with the UN.

Membership of the board would be "limited to States invited to participate by the Chairman", according to the full draft charter published by the Times of Israel.

Trump would have the power to remove member states from the board, subject to a veto by two-third of members, and choose his replacement should he leave his role as chairman.

The "Board of Peace" began to take shape on Saturday as the leaders of Egypt, Turkey, Argentina and Canada were asked to join.

Trump also named his Secretary of State Marco Rubio, former British prime minister Tony Blair, and senior negotiators Jared Kushner and Steve Witkoff as members.

Israel has objected to the line-up of a "Gaza executive board" to operate under the body, which includes Turkish Foreign Minister Hakan Fidan and Qatari diplomat Ali Al-Thawadi.

Ch.Siegenthaler--NZN