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Reading: Trump’s Nobel goals meet financial actuality
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StockWaves > Global Markets > Trump’s Nobel goals meet financial actuality
Global Markets

Trump’s Nobel goals meet financial actuality

StockWaves By StockWaves Last updated: August 24, 2025 4 Min Read
Trump’s Nobel goals meet financial actuality
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At the moment, receiving a chilly name at any time may be disarming, however Norway’s finance minister reportedly took a most shocking ring on the streets of Oslo earlier this month.

In line with Norwegian newspaper Dagens Naeringsliv, the chilly caller was U.S. President Donald Trump, and the request for Norway’s Finance Minister Jens Stoltenberg, was how the American chief could possibly be nominated for a Nobel Peace Prize.

Trump has been publicly express about his need to be awarded the prize, which some say is a driving issue behind his efforts to dealer a peace deal for Ukraine and Russia, in addition to his deal with Israel and Gaza.

However in June he took to Reality Social to complain: “No, I will not get a Nobel Peace Prize it doesn’t matter what I do, together with Russia/Ukraine, and Israel/Iran, no matter these outcomes could also be, however the folks know, and that is all that issues to me!”

This week, it is going to be Trump’s impression on the financial system that can be in focus, because the group of Nobel Laureates that he seemingly hopes to affix will meet for his or her annual occasion in Lindau, Germany.

It may make for uncomfortable listening for the White Home, with some of the well-known Nobel prize-winning economists, Joseph Stiglitz telling The Guardian that “the U.S. has change into, I’d say, a scary place to take a position.” The administration’s tariff coverage dangers triggering stagflation in a transfer that’s making the Federal Reserve “clearly frightened,” Stiglitz mentioned earlier this 12 months.

Nobel Laureate Roger Myerson, who can also be attending the occasion in Lindau, is extra involved by American politics, writing in an opinion piece for The Hill that “when massive teams of voters have change into satisfied that just one celebration actually cares about them, then they could really feel no stake in democracy itself… and help their chief in shaking off its inconvenient constitutional restraints.”

In the meantime, Nobel Laureate Simon Johnson has additionally voiced his considerations about American isolationism, telling the Nobel Prize Conversations podcast that it’s “…destroying human capital and handing a large benefit to geopolitical opponents. It is a self-defeating silly motion by the Trump administration.”

It is a robust crowd for President Trump. He does have one unlikely supporter in his bid for the peace prize although. Former Democratic rival and First Woman Hillary Clinton just lately mentioned if he may finish the struggle between Ukraine and Russia “with out placing Ukraine ready the place it should concede its territory to the aggressor… I might nominate him for a Nobel Peace Prize.”

CNBC will converse stay to Nobel Laureates from the assembly in Lindau on Wednesday and Thursday, tune in to listen to their views.

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