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Fifa boss Gianni Infantino said the project to sell off stakes in its major competitions had "created divisions" and would not go ahead.
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The new 15-point plan, released by the Board of Peace and announced by Trump, calls in part for Israel to end its attacks and Hamas to give up its weapons.
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FIFA abandoned a plan to create a commercial venture and then sell stakes to minority investors, just days after unveiling it. The plan drew sharp condemnation — and a boycott from European nations.
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Plus, the Trump administration plans Sun Belt water cuts. Here's the latest at the end of Friday.
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President Trump's announcement came at a difficult point in his relationship with the Israeli leader over their war against Iran.
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Under a new federal plan out today to manage the Colorado river, Arizona, California and Nevada face potentially steep water cuts over the next decade. The plan by the Interior Department will impact communities and farms across those states. For now, the proposal spares Colorado, Utah, New Mexico and Wyoming from mandatory water cuts. Legal battles are expected.
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The plight of Palestinian villagers in one West Bank village tells a larger story of how Jewish settlers, and the Israeli military, are making their lives almost impossible.
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