7.6 C
Beijing
Thursday, March 19, 2026

SEALSQ Secures $125 Million in Direct Offering to Fuel Post-Quantum Technology Expansion

SEALSQ Corp. announces a $125 million registered direct offering to accelerate its post-quantum and quantum technology commercialization in the U.S. and Europe.

Warner Bros. Sets Oscar Night Record as Paramount Mega-Merger Looms

Warner Bros. Discovery celebrates a record-matching 11 Oscar wins for films like 'One Battle After Another' and 'Sinners', all while facing major merger talks with Paramount that could reshape its future.

Public Storage Strikes $10.5 Billion Deal to Acquire National Storage Affiliates

Public Storage announces a $10.5 billion all-stock acquisition of National Storage Affiliates, expanding its self-storage portfolio and market reach.

Macron Declines Trump’s ‘Peace Board’ Invitation Amid UN Concerns

WorldEuropeMacron Declines Trump's 'Peace Board' Invitation Amid UN Concerns

French President Emmanuel Macron has opted not to join U.S. President Donald Trump’s proposed “Board of Peace,” citing significant concerns over the initiative’s scope and potential to undermine the United Nations framework. The decision reflects France’s commitment to multilateralism and international law.

Macron’s office stated that the “Board of Peace” charter “goes beyond the framework of Gaza and raises serious questions, in particular with respect to the principles and structure of the United Nations, which cannot be called into question.” France, as a permanent member of the UN Security Council, emphasizes the UN’s central role in international diplomacy and conflict resolution.

The French Foreign Ministry reiterated its commitment to the UN as the “keystone of effective multilateralism,” where international law and the sovereign equality of states prevail. Paris views the proposed board’s extensive powers, particularly those vested in the chairman, as incompatible with established international norms.

Beyond the structural concerns regarding the UN, the “Board of Peace” also faces scrutiny over its financial requirements. Countries seeking a permanent seat are reportedly asked to contribute at least $1 billion. This financial stipulation, coupled with the chairman’s significant authority, including the power to approve members and veto decisions, has raised red flags among potential participants.

Several other nations have also received invitations, with varying responses. While some, like Canada, have indicated they will join but not pay for a permanent seat, others are reviewing the proposal. The initiative aims to be officially empowered in Davos, but hesitation from several European states suggests a challenging path forward for Trump’s proposed council.

Check out our other content

Check out other tags:

Most Popular Articles