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Global Business News

The Economic Times

Global Business / The Economic Times

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US provides $206 million for Gaza force despite deadlocked peace plan

The US administration is sending over $206 million for a proposed Gaza peacekeeping force. This funding marks the first significant financial commitment to the stalled US plan. The International Stabilization Force will lead security operations and support aid deliveries. Both Israel and Hamas have balked at conditions needed to advance the plan. Five countries have committed troops to the force, with deployment timing unclear.

20 Aug 2026 7:01 am