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British Culture Secretary Nandi: (Regarding The FIFA Boycott) This Is A Principled Decision That We Strongly Support. Football Belongs To The Fans, Not Billionaire Investors, And It's Time To Stand Up And Protect Our Game
Ukrainian Officials Say Russian Missile And Drone Attacks Killed At Least Eight People Overnight
Fannie Mae: The Average Interest Rate For A 30-year Fixed-rate Mortgage In The United States Was 6.66% In The Week Ending July 30, A One-year High, Up From 6.58% The Previous Week
The Yield On 10-year UK Government Bonds Continued Its Decline, Falling 5 Basis Points To 4.98%
Citi: Walsh Is Monitoring Broader Inflation Indicators, Which May Reduce The Likelihood Of Near-term Rate Hikes
US President Trump: We Can Renominate Blanche After Republican Senators Cornyn And Tillis Leave Office
US President Trump: I Have No Objection To Temporarily Withdrawing Todd Branch's Nomination As Attorney General
Market Sources: According To Informed Sources, Russia's Seaborne Crude Exports Via Western Ports Are Expected To Decline By Approximately 4% In July Compared To June, As Ukrainian Attacks Have Reduced Loading Volumes In The Black Sea
Market News: Sources Say That Russian Oil Exports Through Western Ports In July Are Expected To Fall By About 4% Compared To June, As Attacks In Ukraine Reduced Shipments To The Black Sea
He Lifeng Held A Video Call With U.S. Treasury Secretary Bessent And Trade Representative Greer
Analyst: At Present, It Is Indeed An Opportune Moment For The Japanese Authorities To Intervene To Support The Yen
U.S. Natural Gas Futures Turned Higher, Rising By 1%, After The U.S. Energy Information Administration Reported A Smaller-than-expected Increase In Natural Gas Inventories

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Remarks of Officials

Middle East Situation

Latest news on the Israeli-Palestinian conflict

Palestinian-Israeli conflict

Political

Economic
Kushner's bold Gaza vision clashes with ground reality and complex security, political, logistical hurdles.
Jared Kushner, adviser to President Donald Trump, has unveiled a bold vision for a postwar Gaza: a modern metropolis with gleaming skyscrapers, a thriving port, and a tourist-friendly Mediterranean coastline. Speaking at an economic forum in Davos, Switzerland, Kushner suggested this transformation could happen in as little as three years, but only if one massive condition is met: security.
This optimistic timeline, presented as world leaders gathered to ratify the charter for a new Board of Peace overseeing Gaza's reconstruction, clashes sharply with the grim reality on the ground. For the territory's two million residents, the landscape is defined by collapsed apartment blocks, unexploded ordnance, and contaminated water, not luxury real estate potential.
Kushner’s presentation outlined a future for Gaza with advanced manufacturing, data centers, and a new airport to replace the one Israel destroyed over two decades ago. The plan also calls for eight distinct residential zones, parks, and an industrial complex. A coastal stretch, currently home to most of Gaza's displaced population, is designated for tourism.
According to a joint estimate from the UN, the European Union, and the World Bank, this ambitious redevelopment carries a price tag of $70 billion. However, Kushner emphasized that not a single dollar of investment would flow into the region without stability. His presentation made it clear that reconstruction would not begin in any area that has not been fully disarmed.
The entire plan hinges on achieving "security," a goal fraught with complexity. The path to demilitarizing Gaza is uncertain, and violence continues to simmer despite a ceasefire.
Can Hamas Be Disarmed?
A central challenge is the disarmament of Hamas. While the militant group has indicated it might consider "freezing" its weapons as part of a path to Palestinian statehood, it maintains its right to resist Israeli occupation.
The demilitarization process is intended to be managed by a US-backed Palestinian committee known as NCAG, which would eventually hand control of Gaza to a reformed Palestinian Authority. However, it remains unclear if Hamas, which seized control from the Palestinian Authority in 2007, will cede its power or weapons to this body.
The situation is further complicated by other armed groups in Gaza, some of which have received support from Israel as a countermeasure to Hamas during the war. Kushner's plan states these groups would either be dismantled or integrated into the NCAG.
The Fragility of the Ceasefire
Since the latest ceasefire took effect on October 10, Israeli forces have killed at least 470 Palestinians in Gaza, including women and children, according to the territory's Health Ministry. Israel states its troops have only opened fire in response to ceasefire violations. Amid these conditions, Kushner noted that the Board of Peace is working with Israel on "de-escalation" while focusing on the larger goal of demilitarization.
Beyond security, the logistical challenges are staggering. The United Nations Office for Project Services estimates there are over 60 million tons of rubble in Gaza—enough to fill nearly 3,000 container ships. Clearing this debris is projected to take more than seven years, even before demining can begin.
Kushner’s plan did not specify how the pervasive threat of unexploded missiles and shells would be handled, nor did it address where Gaza's displaced population would live during the lengthy reconstruction. Rights groups report that Israel has prevented heavy machinery from entering the main civilian zones, stalling clearance and demining efforts.
The presentation noted that construction would start with "workforce housing" in Rafah, a southern city now controlled by Israeli troops, where some demolition is reportedly underway. The reconstruction of Gaza City, rebranded as "New Gaza," would follow, with the promise of creating "great employment."
Even if the security and logistical issues could be solved, the plan faces major political opposition. Nomi Bar-Yaacov, an international law and conflict resolution expert at the Geneva Center for Security Policy, labeled the concept "totally unrealistic." She argued that it reflects a real estate developer's perspective rather than a peacemaker's, noting that Israel would never accept high-rise buildings with clear views of its nearby military bases.
Furthermore, the plan's reliance on the Palestinian Authority runs directly counter to the stated position of Israeli Prime Minister Benjamin Netanyahu, who has vehemently opposed any postwar role for the PA in Gaza. The Palestinian Authority itself also suffers from widespread unpopularity due to corruption and its perceived collaboration with Israel.
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