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February 17th - According to the New York Post, US President Trump stated on Monday that the $5 billion pledged for the reconstruction of the Gaza Strip will be used for projects approved by the Peace Commission, which will meet near the White House later this week. This fundraising, announced ahead of Thursdays summit, is the first phase of a $70 billion reconstruction effort estimated by a joint study by the United Nations, the European Union, and the World Bank. When asked about the funds, Trump said in a brief phone interview, "It will be used to make Gaza function successfully." He added that the funds will be used to "stabilize Gaza and ultimately benefit other areas of the world where peace can be achieved," hinting at his ambitious vision for the commission, which he chairs. When asked if the pledged funds would be used to build housing for Gazas nearly 2 million people, Trump said, "We havent decided yet...that will be decided by the commission."
Ukrainian President Zelensky: Russia is preparing for a further large-scale attack on the energy sector, which requires a properly configured air defense system and timely support from partners.
Ukrainian President Zelensky: Ukraine is simultaneously focusing on military preparations and diplomatic efforts.
Greek energy company Chevron (CVX.N) has signed a maritime concession agreement with the Hellenic Republic for hydrocarbon exploration and production.
According to Nikkei: Mizuho Bank Securities is facing an insider trading investigation.