US President Donald Trump nominated for 2021 Nobel Peace Prize: Report
Copenhagen: A far-right Norwegian lawmaker said Wednesday that he has nominated US President Donald Trump for the Nobel Peace Prize for his efforts in the Middle East.
Christian Tybring-Gjedde, a member of the Norwegian Parliament for the far-right Progress Party, said Trump should be considered because of his work for a peace agreement between the United Arab Emirates and Israel which opens up for possible peace in the Middle East.
No matter how Trump acts at home and what he says at press conferences, he has absolutely a chance at getting the Nobel Peace Prize, Tybring-Gjedde, told The Associated Press.
He said he nominated Trump on Wednesday, adding that Donald Trump meets the criteria for the Nobel Peace Prize.
Tybring-Gjedde was also one of two Norwegian lawmakers who nominated Trump for the peace prize in 2018 for his efforts to bring reconciliation between North and South Korea.
Any national lawmaker can nominate someone for the Nobel Peace Prize.
The process of considering candidates and awarding the prize is done in Norway, in contrast to the other Nobel Prizes, which are awarded in neighbouring Sweden.
Nominations must be sent to the Norwegian Nobel Committee by February 1.
The Norwegian Nobel Committee doesn't publicly comment on nominees. Under its rules, the information is required to be kept secret for 50 years.
It is now to hope that the Nobel Committee is able to consider what Trump has achieved internationally and that it does not stumble in established prejudice against the US President, Tybring-Gjedde said in a Facebook post. (
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Gold declines Rs 1,700 to Rs 1.35 lakh/10g; snaps 4-day record rally
New Delhi (PTI): Snapping the four-day record rally, gold prices declined by Rs 1,700 to Rs 1,35,900 per 10 grams in the national capital on Tuesday as investors booked profits amid weak global cues, according to the All India Sarafa Association.
The precious metal of 99.9 per cent purity had surged by Rs 4,000 to touch an all-time high of Rs 1,37,600 per 10 grams on Monday. The metal rose by Rs 6,000 over the previous four days, trading at record highs.
"Gold prices witnessed profit booking and remained volatile, with the yellow metal slipping towards the USD 4,275 level in global markets and staying under pressure," Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities, said.
Echoing sentiments, Dilip Parmar, Research Analyst, HDFC Securities, said, "Domestic gold prices also softened, curtailing a four-day advance. These losses were, however, notably mitigated by the persistent weakness in the Indian Rupee which quoted at a record low level".
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In the local bullion markets, silver prices also depreciated by Rs 1,000 to Rs 1,98,500 per kilogram (inclusive of all taxes). The white metal had ended flat at Rs 1,99,500 per kg, also its all-time high level, as per the association.
Parmar added that physical jewellery demand is expected to be subdued commensurate with the onset of the inauspicious period, investment demand is forecast to remain robust, a tendency driven by prevailing risk-averse market sentiments.
In the international markets, spot gold snapped a five-day winning streak, declining by USD 27.80, or 0.65 per cent, to USD 4,277.42 per ounce.
"Gold prices experienced a modest decline, easing following five consecutive sessions of appreciation, as market participants strategically positioned themselves ahead of a critical suite of US economic data releases this week," Dilip Parmar said.
These incoming reports are poised to offer significant clarity regarding the Federal Reserve's predilection for implementing further interest-rate cuts, a key macroeconomic catalyst for the non-yielding asset, he added.
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Spot silver also dropped by USD 1.07, or 1.67 per cent, to USD 63.02 per ounce in the overseas markets.
Bullion prices are trading lower as caution prevails ahead of US nonfarm payroll (NFP) data to be released later in the day, which will show NFP figures of both October and November, Praveen Singh, Research Analyst, Mirae Asset ShareKhan, said.
