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The text of the resolution says member states can take part in the Trump-chaired Board of Peace envisioned as a transitional authority that would oversee reconstruction and economic recovery of Gaza. It also authorizes the international stabilization force, which would ensure a process of demilitarizing Gaza, including by decommissioning weapons and destroying military infrastructure.
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The UN Security Council on Monday voted to adopt a U.S.-drafted resolution endorsing President Donald Trump's plan to end the war in Gaza and authorizing an international stabilization force for the Palestinian enclave. Israel and the Palestinian militant group Hamas agreed last month to the first phase of Trump's 20-point plan for Gaza.
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CLSA's equity strategist predicts an AI bubble burst within a year due to concerns over returns on significant sector investments. This sell-off is expected to benefit India as investors reallocate funds from Taiwan and Korea, seeking less frothy markets. India's appeal lies in its cheaper valuations and the exhaustion of alternative investment options.
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