France, Germany, Italy, and the U.K. have supported a $53 billion Arab-backed plan for Gaza’s reconstruction, despite U.S. and Israeli opposition. The plan aims to improve living conditions for Palestinians in Gaza through a post-war framework excluding Hamas, with a focus on the Palestinian Authority’s role. Trump’s relocation proposal for Gaza was rejected in favor of the Arab plan, emphasizing Palestinian-led efforts and dismissing concerns about corruption and terrorism.
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Stocks poised to pad gains after Trump administration eases investor fears
Stock Market Surge Following Trump’s Trade CommentsStock futures rose sharply after President Trump declared he would not remove Federal Reserve Chair Jerome Powell and hinted at easing trade tensions with China. As of 8 a.m. EST, Dow futures were up 660 points (1.7%), with significant gains in S&P 500 and Nasdaq futures, driven by positive investor sentiment following Trump's remarks on reducing tariffs and Treasury Secretary Scott Bessent's view on de-escalating the trade war. Despite...
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