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Trump’s Self-Styled Nobel Quest: A Peace Prize Fantasy

  Donald Trump’s latest fixation — securing the Nobel Peace Prize — has become a political sideshow that blends self-promotion with geopolitical controversy. While past leaders have quietly welcomed nominations, Trump’s approach has been anything but subtle. He has openly claimed credit for “settling” multiple global conflicts, from Armenia–Azerbaijan to Israel–Iran, despite little independent evidence of lasting peace in those regions. The Norwegian Nobel Committee, which awards the prize, appears far from convinced. Several members have publicly criticized Trump’s attacks on the press, his approach to governance, and what they see as the dismantling of democratic norms. His foreign policy record — from cozying up to authoritarian leaders to undermining NATO allies — further complicates his case. Even his touted role in Middle East diplomacy is overshadowed by his unwavering support for Israeli Prime Minister Benjamin Netanyahu’s hardline policies, which critics argue have dera...
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Markets Rattle as Trump’s Fed Clash Sparks Global Sell-Off


Global markets stumbled on Tuesday as President Donald Trump’s escalating confrontation with the U.S. Federal Reserve unnerved investors. The president’s announcement that he would remove Fed Governor Lisa Cook — citing alleged mortgage improprieties — marked an unprecedented challenge to the central bank’s independence. Cook has vowed not to step down voluntarily.

The move sent longer-dated U.S. Treasury yields higher, with the 10-year rising to 4.30% and the 30-year to 4.94%, while the two-year yield dipped as traders priced in greater odds of rate cuts. U.S. equity futures fell, gold touched a two-week high, and the dollar weakened against major currencies.

The political shockwaves extended overseas: Japan’s Nikkei closed nearly 1% lower, Europe’s STOXX 600 dropped 0.8%, and French assets slid amid separate domestic political uncertainty. Analysts warned that the episode could reshape the Fed’s policymaking body and deepen volatility ahead of the September policy meeting.

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