President Donald Trump pitched the idea of the U.S. taking over the Gaza Strip this week in order to turn it into "the Riviera of the Middle East." But on Wednesday night's episode of "The Late Show," host Stephen Colbert had some other name ideas in mind.

Speaking of the two Israeli neighbors, Aaron David Miller, a former US Middle East peace negotiator, said on CNN: “It’s not a real estate deal for them, it’s not even a humanitarian issue for them. It’s an existential issue.”

Former U.S. President Donald Trump proposed to take over Gaza, planning to develop it into the 'Riviera of the Middle East.' His idea has sparked international controversy, receiving both support and condemnation.