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The Funding Crisis The Board of Peace, which was founded by United States President Donald Trump in January to oversee the administration and reconstruction of the Gaza Strip, is facing a crippling cash crunch that threatens to derail its ambitious $70bn reconstruction plan for the devastated enclave. The US-led board recently reported a critical gap between its financial commitments and actual disbursements, warning of an urgent liquidity crisis, according to the Reuters news agency. The Structure of the Board However, experts tracking international aid to Palestinians said the funding shortfall is neither surprising nor purely administrative. Instead, they argued that the reluctance of Arab and European donors stems from the board’s controversial structure, a lack of a viable political horizon for a Palestinian state and Israel’s ongoing military expansion across the besieged enclave. Moath al-Amoudi, an expert in international aid to Palestinians, told Al Jazeera that the heavily publicised pledges are closer to a “talk show” than a genuine humanitarian effort. A History of Empty Promises “Out of the $17bn pledged, the actual liquidity that has reached the ground is zero,” al-Amoudi said. “Donors are terrified of engaging with a board that carries no political vision and treats Gaza merely as an American security protectorate.” The gap between pledges and actual disbursements is a historical constant in the Palestinian context, but the US has a particularly poor track record, al-Amoudi noted. Commercial Guardianship and the $1bn Seats Much of the international hesitation is rooted in the architecture of the Board of Peace itself. Previous Al Jazeera reporting revealed that the board operates as a complex three-tiered governing structure heavily stacked with American billionaires and pro-Israel figures, such as billionaire Marc Rowan, US envoy Steve Witkoff, Secretary of State Marco Rubio and Trump son-in-law Jared Kushner. Humanitarian Aid as Political Blackmail The board’s funding crisis is deeply intertwined with its strict political and security conditions. The three-phased US plan for Gaza explicitly demands the full disarmament of Hamas and all allied Palestinian factions as a prerequisite for reconstruction funds and the opening of border crossings while Israel has continued to violate the terms of an October “ceasefire”. The Yellow Line and Modern Ghettos Beyond the political and structural flaws of the board, the volatile reality on the ground makes meaningful reconstruction nearly impossible. Despite a nominal “ceasefire”, Israeli forces have continued their near-daily violations. According to local medical sources, 828 Palestinians have been killed since the “truce” went into effect.

The Crisis Facing Keir Starmer's Leadership Britain's Prime Minister Keir Starmer is facing the biggest crisis of his leadership after Labour's bruising council election losses caused panic inside the party. As Nigel Farage and Reform UK gain ground, we examine why Starmer's authority appears to be slipping before any formal challenge has even begun and whether Britain is entering another period of political instability. The Impact of Council Election Losses The losses have raised concerns about Starmer's ability to lead the party and maintain stability in British politics. With Reform UK gaining momentum, the situation is becoming increasingly challenging for Starmer. The Future of Labour and UK Politics As the situation continues to unfold, it remains to be seen how Starmer will address the challenges facing his leadership and whether Labour can recover from these losses. One thing is certain, however: the outcome will have significant implications for the future of UK politics. Credits and Connections Kieren Andrieu (@kieran_andrieu), Political Economist Episode credits: This episode was produced by Noor Wazwaz and Sari el-Khalili, with Spencer Cline, Tuleen Barakat, Catherine Nouhan and our host, Malika Bilal. It was edited by Tamara Khandakar. Our sound designer is Alex Roldan. Our video editors are Hisham Abu Salah and Mohannad al-Melhem. Alexandra Locke is The Take's executive producer. Connect with us: @AJEPodcasts on X, Instagram, Facebook, and YouTube

The Lead: Intuit's Strategic Pivot to AI Enterprise software giant Intuit is implementing a significant restructuring by laying off 3,000 employees, representing 17% of its global workforce. The company, known for popular financial software products like TurboTax, QuickBooks, and Credit Karma, is redirecting resources toward artificial intelligence integration as part of a strategic refocusing effort. The Restructuring Details: Simplifying for AI Focus According to an internal memo obtained by Reuters, CEO Sasan Goodarzi communicated that the layoffs are intended to reduce complexity by simplifying Intuit's corporate structure. This simplification is meant to help the company concentrate its efforts on developing AI capabilities across its product lines. As of July 2025, Intuit employed 18,200 people worldwide, making this layoff one of the most significant workforce reductions in the company's recent history. Financial Context: Compensation and Performance While the workforce is being reduced, Intuit's leadership compensation remains substantial. Goodarzi's total compensation for fiscal 2025 was valued at $36.8 million, including cash incentives and stock awards. Despite the layoffs, Intuit has reported strong financial performance, with $4.65 billion in revenue (a 17% increase) and $693 million in net profit (48% improvement) in its fiscal second quarter ended January. The company expects approximately 10% revenue growth in its third quarter. Industry Trend: Tech's AI-Driven Restructuring Intuit's move reflects a broader trend in the technology sector, where companies are reallocating resources toward AI initiatives. The tech industry has already cut over 100,000 jobs this year, according to Statista, potentially exceeding the totals from both 2024 and 2025 if the trend continues. Major tech firms including Amazon, Block, Cisco, Cloudflare, Meta, Microsoft, and Oracle have implemented similar workforce reductions, all citing a need to refocus expenditures around AI projects. Market Position: Challenges in the AI Boom Despite the industry-wide enthusiasm for AI, Intuit has not fully benefited from the AI boom. The company's shares have consistently underperformed compared to the broader S&P; 500 over the past 12 months. This underperformance reflects market concerns that traditional software-as-a-service firms may struggle to keep pace with emerging AI products and services that threaten to transform how software is developed and utilized. Future Outlook: AI Integration and Growth Expectations As Intuit undergoes this restructuring, the company is positioning itself to better compete in an increasingly AI-driven market. With its strong financial performance providing a foundation for investment, Intuit aims to leverage AI to enhance its existing product suite and potentially develop new offerings. The company's expectation of 10% revenue growth in the upcoming quarter suggests confidence in its strategic direction despite the workforce reductions.

Early‑stage evidence from a University of Bristol randomised controlled trial suggests that the anti‑inflammatory drug tocilizumab may improve symptoms in patients with moderate‑to‑severe depression who have not responded to standard antidepressants.Trial Overview: Testing Tocilizumab for Treatment‑Resistant DepressionThe study examined whether blocking the IL‑6R receptor could alleviate depressive symptoms. Key design elements:Participants: 30 adults with moderate‑to‑severe depression unresponsive to conventional medication.Intervention: Intravenous tocilizumab versus placebo.Duration: four‑week double‑blind period.Outcomes measured: depression severity, fatigue, state anxiety, and quality of life.Key Numbers: Sample Size, Remission Rates, and NNTAlthough the trial was not powered to reach statistical significance, observed trends were notable:Depression remission: 54% in the tocilizumab group vs 31% in the placebo group.Number Needed to Treat (NNT): 5, meaning five patients would need treatment for one additional remission.For comparison, the NNT for first‑line SSRIs is approximately 7.The lack of robust statistical proof reflects the small cohort, underscoring the need for larger studies.Potential Shift in Depression Treatment ParadigmsResearchers describe the trial as an “important milestone” because it is:One of the first randomised trials to test immunotherapy for depression.The inaugural study targeting the IL‑6R pathway in this context.A proof‑of‑concept for selecting patients based on biological markers.Given that up to one‑third of depressed patients do not improve with existing pharmacotherapies, a biologically driven approach could expand therapeutic options and move psychiatry toward more personalised care.What Comes Next: Larger Studies and Clinical ImplicationsThe investigators plan to:Conduct larger, multi‑centre trials to confirm efficacy and safety.Explore longer treatment durations and dosage optimisation.Assess whether IL‑6R blockade can be combined with existing antidepressants.If subsequent trials replicate these findings, immunotherapy could become a viable adjunct or alternative for treatment‑resistant depression, potentially reshaping clinical guidelines and drug development pipelines.

The Trump Factor in the Taiwan Arms Deal The proposed $14bn arms deal between the United States and Taiwan has raised eyebrows, with many questioning whether the deal will go through under Donald Trump's administration. Details of the Arms Deal The deal, which includes advanced military equipment, has been a point of contention between the US and China. Beijing has warned against the deal, citing interference in its internal affairs. Implications for US-China Relations The deal's fate has significant implications for US-China relations, which have been strained in recent years. A cancellation or delay of the deal could be seen as a concession to China, while its approval could escalate tensions. The Future of the Deal As the deal awaits Trump's decision, experts are closely watching the developments. A move to kill the deal could have far-reaching consequences for the region, while its approval could further destabilize US-China relations. Regional Ramifications The Taiwan arms deal is not just a bilateral issue but has broader implications for the region. The regional security dynamics could be significantly altered depending on the outcome of this deal.

Google DeepMind's Shift in Labor Relations Google DeepMind, the artificial intelligence arm of Google, has agreed to enter formal talks with UK tech workers that could lead to trade union representation. This move comes amid growing staff concerns about the use of its AI by the US and Israeli governments' defence and intelligence. The Concerns Driving Unionization Hundreds of workers have signed petitions raising concerns about the application of the technology, with concern rising since the company's 2025 decision to drop a promise not to allow its technologies to be used in harmful weapons or surveillance that violated international norms. The Impact of AI on Labor Rights The move comes as Google is facing a court challenge from a DeepMind AI researcher of Palestinian heritage who alleges he was wrongfully dismissed after protesting against its work for the Israeli government. Israeli officials have credited Google's cloud computing with enabling 'phenomenal things [to] happen in combat' during the Gaza conflict. The Path Forward Google DeepMind declined to voluntarily recognise the unions for collective bargaining purposes, but said in a staff email on Wednesday that talks at Acas 'may lead to a formal ballot in a few months' time, giving all eligible employees the opportunity to vote on whether they want to be represented by the unions.' The Future of AI Development and Labor Relations A CWU source said: 'It's a concession that they need to address some of the serious issues on the shop floor. There's clearly a groundswell of opinion about the contracts they are expected to serve, for example the relationship with drone technology and the Israeli government and the relationship with the US military. This is definitely a step forward and they are not just shutting this off.'

A Fresh, Chaotic Comedy Shakes Up British TVBBC’s Proper Ladies, a ten‑minute short set in a faith school, has ignited a social‑media frenzy for its “messy, chaotic, and funny” take on teenage life, drawing comparisons to Derry Girls and Some Girls.Inside “Proper Ladies”: A 10‑Minute Short About Muslim SchoolgirlsCreated by writer Sabrina Ali and based on her award‑winning stage play Dugsi Dayz, the short follows four detention‑room girls—prefect Salma (played by Samira Tahlil), entrepreneur Munira (Ebada Hassan), fashion‑focused Yasmin, and emo‑leaning Hani (Kosar Ali)—as they navigate rivalries, rebellion and absurd antics.Key scenes include a monologue about a fire‑alarm cover‑up and a subplot involving laxatives slipped into a teacher’s drink.The headteacher, portrayed by Mark Silcox, is humorously revealed to wear a toupee.Executive producer Michaela Coel supported the adaptation, offering Ali a place in her River Library writing sanctuary.Social Media Buzz and Viewer EngagementThe short’s first fan edit amassed 100,000 likes, signalling strong audience resonance. However, the cast also endured a wave of racist and Islamophobic abuse online, prompting some members to step back from social platforms.Redefining Muslim and Black Representation on ScreenAli aims to shift how Black and Muslim characters are positioned, using comedy to allow audiences to “recognise something human” without feeling instructed. She highlights the importance of open casting calls that attracted first‑time actors, expanding access to the industry.What’s Next for “Proper Ladies” and Similar StoriesThe pilot is currently in development for a full series, potentially charting a four‑year journey from stage to screen. Its success could encourage more authentic, diverse comedies in British television and inspire further investment in under‑represented voices.

The Collapse of Heylo Investment Firms More than £52m in public money earmarked for social housing is at risk after the partial collapse of one of England's fastest-growing housing providers, Heylo Housing. Financial Exposure and Risks Two of the investment companies run by the Heylo group, which is backed by the asset managers BlackRock, have gone into administration, leaving the government regulator scrambling to find a rescue deal to protect taxpayers' money and prevent 3,500 social homes switching to the private sector. One company owes £46.46m in unsecured credit to Homes England. The other company owes Homes England £6.21m. Homes England has estimated its total grant exposure is nearer £43m. Impact on Social Housing The grant is typically recycled when it is paid back to provide more social homes, and could help fund about 500 new homes for social rent, but it would be lost if an insufficient bid is made for the stricken companies. The administrators, PWC, have assured about 3,500 residents in more than 100 council areas they will not lose their homes and should continue to pay their mortgage and rent as usual. Regulatory Challenges The saga has exposed serious flaws in a deregulation of housing conducted by the previous government and has raised questions about attracting new investors into social housing, and giving public money to for-profit companies. The Regulator of Social Housing (RSH) is hoping the homes can stay in the social housing sector, if it is able to persuade another regulated landlord to buy the stock. Future Outlook The RSH, the investors, and the administrators are hoping that Heylo's homes can stay in the social housing sector and at least partially protect the public grant involved. However, this outcome is far from certain and at least some of public money may have to be written off.

The Soros Foundation's Major US InvestmentFor decades, the Open Society Foundations have worked to advance justice and human rights in Africa, the Middle East and trouble spots around the world. But the OSF's latest major investment is aimed at a crisis closer to home. On Tuesday, the organisation, founded by the billionaire philanthropist George Soros and headquartered in New York, announced a $300m spend aimed at boosting economic security and defending civil liberties in the US.Addressing America's Dual CrisisThe drastic commitment comes 16 months into Donald Trump's second term as president, with millions of Americans suffering an affordability crisis and activists warning of an extraordinary attack on the rule of law. "We certainly believe that civil society is essential and must stay on the playing field," said Laleh Ispahani, managing director for the US at the OSF. "We've had experience in other countries, unfortunately, where civil society has been targeted by autocratic administrations. It does matter that we still are funding in most parts of the world and are very much in communication with one another as things are happening in the US."The Soros Legacy and Political BacklashSoros has given more than $32bn of his personal fortune to causes around the world. He is also a longtime Democratic donor and favorite bogeyman for the right. The attacks frequently rely on antisemitic tropes, framing Soros – a Jewish survivor of the Nazi occupation in Hungary – as a "globalist" puppet master. Asked whether the foundation was prepared for an inevitable backlash accusing Soros of meddling in US democracy, Ispahani sounded unfazed, saying: "We fully expect that. We wouldn't expect anything less. But we also won't be intimidated into silence."An Integrated Approach to Rights and EconomyFor decades, reformers have often operated in silos, focusing their energies either squarely on democratic rights or exclusively on economic justice. OSF's new initiative is designed to break down those barriers. "What's new and different and perhaps most distinct about this is that it's a unified and focused effort," Ispahani explained. "We want to fund this integrated strategy to improve our democracy by both modernising our rights and freedoms and reforming our economy as things that are two sides of the same coin, because when one suffers, inevitably the other does, too."The Erosion of Civil Rights ProtectionsThe urgency is driven by what the OSF perceives as an alarming reversal of fundamental protections, spearheaded by a rightwing majority on the supreme court. "It's pretty clear to us that today these rights are being rolled back, including the right to protest, civil rights and voting rights, with the supreme court's recent decisions eviscerating very key protections of the civil rights era," Ispahani said. "We had the supreme court putting a nail in the coffin of what was a very widely respected Voting Rights Act with its recent decision in the Louisiana v Callais case, so we're back to this pre-60s moment in the world."Modernizing the Civil Rights ParadigmTo combat this, the OSF is advocating for an expansion of the civil rights paradigm to meet modern threats, from securing the right to elect representatives of the voter's choice to combating new forms of discrimination in algorithmic and technology-driven bias. The OSF has already committed $20m for this year to help organisations on the frontlines with strategic litigation, non-profit sector defence and efforts to track government corruption. Among them are the Roosevelt Institute, the Groundwork Collaborative thinktank, the National Women's Law Center, and state-level groups such as Living United for Change in Arizona.Economic Inequality in AmericaThe other central pillar of the $300m investment is economic security. Even in the wealthiest country in the world, the child poverty rate is 14.3%, estimated to affect about 10.4 million children. The top 20% of households currently capture more than half of all national income. Ispahani argues the current system is failing. "Why not have moral and material rights that resonate across constituencies?" she said. "The right to a good job with fair wages and safe working conditions isn't controversial. The right to stable and affordable housing is likely very popular. The right to accessible and affordable childcare is likely also very popular."The Future of American DemocracyThe Open Society Foundations' substantial investment represents a significant commitment to preserving democratic values in the United States during a period of political polarization and economic uncertainty. By linking civil liberties with economic security, the foundation aims to create a more comprehensive approach to addressing America's challenges. As Ispahani stated, "We think our work has never mattered more. It matters most in places when democracy is under attack, when rights are being rolled back and peaceful dissent is being criminalized."