John Kelly

🎥 “The coastline alone $50 billion of value on a conservative basis” 📌 Financing Gaza’s Reconstruction | Board of Peace Marc Rowan, CEO of Apollo Global, one of the world’s largest alternative asset managers, outlined an economic overhaul plan to consolidate Gaza’s “productive assets” under a single unified structure, promising centralized, “conflict-free” management of resources. The rollout would begin in Rafah, where security is set to deploy first. The proposal calls for 100,000 homes for 500,000 residents in Rafah, backed by $5 billion in infrastructure, eventually scaling to 400,000 homes across Gaza and more than $30 billion in infrastructure investment. The coastline alone he said is worth $50 billion, with total housing and infrastructure assets estimated at over $115 billion. “It just needs to be unlocked and financed.” World Bank President Ajay Banga said a Gaza Reconstruction and Development Fund has been established at the World Bank following the UN Security Council resolution. The Bank will act as trustee, managing donor funds under the direction of the Board of Peace and disbursing them for approved projects. A financial controller has been seconded to ensure oversight. Banga said the Bank would leverage its AAA rating to raise additional capital, help de-risk private investment, and deploy on-the-ground expertise to support reconstruction. Trump promised $10 billion in U.S. funding for the newly formed Board of Peace. He described the amount as small "compared to the cost of war," though he did not specify the source of the funds or whether they had been authorized by Congress.   Other countries and organizations have also made considerable financial and logistical commitments:  ▪️Financial Pledges: Nine member nations have pledged a combined $7 billion toward a Gaza relief and reconstruction package. ▪️Major Donors: Qatar, Saudi Arabia, and the United Arab Emirates have each promised at least $1 billion. ▪️Other Contributing Nations: Kazakhstan, Azerbaijan, Morocco, Bahrain, Uzbekistan, and Kuwait. ▪️Institutional Aid: The United Nations has committed $2 billion for humanitarian assistance, and FIFA is reportedly raising $75 million for soccer-related projects in the territory.

Swiss commentator on Israeli bobsleigh team: “Edelman self-defines as a Zionist & posted in favor of the Gaza genocide. We recall that 'genocide' is the term used by the UN. Edelman said “the Israeli intervention was 'the most morally just in history’”