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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 Waver as Trump Targets Fed Governor Lisa Cook, Raising Independence Concerns

 

US stock futures edged lower Tuesday morning as investors digested President Donald Trump’s unprecedented move to remove Federal Reserve Governor Lisa Cook — a decision that has sparked legal questions and heightened worries over central bank independence.

Dow Jones Industrial Average futures slipped about 0.2%, S&P 500 futures eased 0.1%, and Nasdaq 100 futures fell 0.2%. The announcement, made late Monday on social media, alleged “sufficient cause” for Cook’s removal over mortgage fraud claims — allegations she denies, insisting the president lacks authority to fire her.

The political shock rippled through markets: Treasury yields on the 10-year and 30-year notes climbed to roughly 4.3% and 4.9%, respectively, as traders weighed the potential for a more dovish Fed majority under Trump’s influence. The dollar weakened, while gold prices firmed as some investors sought safety.

Adding to the unease, Trump threatened new tariffs on countries taxing US digital services, risking fresh trade tensions with the EU. Meanwhile, Wall Street is bracing for Nvidia’s earnings on Wednesday, with expectations sky-high after a 34% year-to-date rally.

Analysts warn that the combination of political pressure on the Fed, looming trade disputes, and key economic data releases could inject fresh volatility into markets in the days ahead.

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