Netanyahu says has nominated Trump for Nobel Peace Prize
"He's forging peace as we speak, in one country, in one region after the other," Netanyahu said at a dinner with Trump at the White House.
Trump has received multiple Nobel Peace Prize nominations from supporters and loyal lawmakers over the years, and has made no secret of his irritation at missing out on the prestigious award.
The Republican has complained that he had been overlooked by the Norwegian Nobel Committee for his mediating role in conflicts between India and Pakistan, as well as Serbia and Kosovo.
He has also demanded credit for "keeping peace" between Egypt and Ethiopia and brokering the Abraham Accords, a series of agreements aiming to normalise relations between Israel and several Arab nations.
Trump campaigned for office as a "peacemaker" who would use his negotiating skills to quickly end wars in Ukraine and Gaza, although both conflicts are still raging more than five months into his presidency.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
8 minutes ago
- Business Standard
Gold rate outlook: Yellow metal slips as investors assess tariff scenario
Performance: On July 8, spot gold traded between $3,287 and $3,346 per ounce. The yellow metal fell in the US session as Japan and the US will reportedly start tariff negotiations vigorously. At the time of writing this report, both spot gold and the MCX August gold contract were down by 1 per cent on the day. The spot gold was hovering around $3,295, while the MCX August gold contract was at ₹96,300. Tariff developments: US President Donald Trump announced his much-awaited tariff plans to impose higher rates of 25 per cent-40 per cent on key trading partners. As per the new proposition, tariffs on Japan, South Korea, Malaysia, Kazakhstan, and Tunisia, would be 25 per cent, while Laos and Myanmar would face a 40 per cent rate. South Africa and Bosnia to face 30 per cent, Indonesia 32 per cent, Bangladesh and Serbia 35 per cent, Thailand and Cambodia 36 per cent tariffs. Tariff deadline has been extended from July 9 to August 1. Additional tariff letters will be sent shortly. India and the US may reach a mini-trade deal shortly. US President Trump said on Tuesday that the August 1 tariff deadline will not be extended, though earlier he had said that the deadline may not be 100 per cent firm depending on the trade deal developments. Trump to announce semiconductor tariffs. European Commission President Ursula von der Leyen accused China of distorting trade and limiting access for European firms. She, addressing the EU Parliament stressed at the need of a genuine rebalancing. Trump plans 50 per cent tariff on copper imports: On Tuesday, President Trump announced that he will be implementing a new 50 per cent tariff on copper imports. Commerce Secretary Howard Lutnick said that copper tariffs could go into effect in July-end/August 1. ALSO READ: Gold price climbs ₹10 to ₹98,850; silver falls ₹100, trades at ₹1,09,900 New York Fed Survey: The New York Fed's Survey of Consumer Expectations shows that respondents in June saw inflation at 3 per cent 12 months from now, which is at the same level as it was in January. Inflation expectations eased 0.2 per cent from May. Tariff-induced Inflation is yet to show up in most of the inflation data. Expectations at the three- and five-year horizons were unchanged at 3 per cent and 2.6 per cent respectively. Upcoming data: FOMC minutes of the Fed's June 18 FOMC meeting will be released on July 9. China's PPI and CPI data (June) will be released on July 9. Fitch Ratings on trade war: Fitch Ratings, in its latest 'Fitch-20 Economic Monitor', highlighted that the trade war has resulted in volatility in global trade flows and foreign-exchange rates in recent months. Gold ETF and COMEX inventory: As of July 7, total known global gold ETF holdings stood at 90.491MOz, up around 9.22 per cent holdings posted the first weekly decline after five straight weeks of build-up. Nonetheless, holdings continue to hover around two-year high. COMEX gold inventories continue to decline as investors take hold of physical metal. As of July 7, inventories stood at 36.71MOz, down over 18 per cent since they reached a record-high level of 45.07MOz on April 4. Perth Mint Gold Sales: Perth Mint gold coins and minted bars rose to 32,901 MOz in June from 28,244 Oz in May. Outlook: Spot gold is well supported by strong ETF inflows, tariff tensions and investors scrambling to take possession of physical gold. A firmer Dollar is weighing on the metal though. In the very short-term, gold's direction is likely to depend on tariff news flow. As Trump has extended the tariff deadline to August 1, safe haven flows are somewhat subdued, which is why gold is under pressure. It won't be surprising to see the deadline getting extended further. At the same time, markets may become concerned over trade wars as even the August 1 deadline is not far off. Weighing in all the positive and negative factors, gold is expected to range trade between $3,272 ( ₹95,600) and $3,350 ( ₹98,000). The next major support is at $3,247 (₹94,800). Interim resistance is at ₹97,100. Traders entertaining the possibility of Trump imposing tariffs on precious metals imports carries an upside risk. In the very short-term, selling into rallies with a tight stop-loss is the preferred trade.
Indian Express
10 minutes ago
- Indian Express
Israel's defence minister plans to shift Gaza population to ‘humanitarian city' in Rafah
Israel's defence minister has said that he has instructed its military to prepare a plan to move all Palestinians in Gaza to what he called a 'humanitarian city' built in the south of the territory on the ruins of the city of Rafah, Israeli media has reported. Defence Minister Israel Katz told reporters on Monday that the camp would house about 600,000 displaced Palestinians, who were forced to evacuate Al-Mawasi area in the southern region of Gaza. And eventually the camp would house the entire 2.1 million population. Detailing the process, Katz stated that the Palestinians who would enter the camp would go through a scanning to determine they are not a member of Hamas militant group. Katz added that the Palestinians would not be allowed to leave and the entire Gaza population will be held in the zone. Prime Minister Benjamin Netanyahu has concluded his second meeting with US President @realDonaldTrump. — Prime Minister of Israel (@IsraeliPM) July 8, 2025 The Israel's defence minister then vowed that he is poised to implement a plan to allow Palestinians to immigrate to other countries from Gaza, a plan which was originally floated by US President Donald Trump. Israel Prime Minister, who is in the United States, had supported the emigration plan for Gaza citizens to leave for other countries. During a White House dinner with Trump on Monday, Netanyahu said, 'We're working with the United States very closely about finding countries that will seek to realize what they always said, that they want to give the Palestinians a better future, and I think we're getting close to finding several countries.' Katz said that if circumstances allow, then the construction of the proposed camp would begin during a 60-day ceasefire that Israel and Hamas are trying to negotiate. However, the United Nations has previously warned that deportation or forcible transfer of an occupied territory's civilian population is not allowed under international law. Palestinian authorities or Hamas are yet to comment on the matter.
Time of India
16 minutes ago
- Time of India
Donald Trump: 'We would run it so good': Is Trump hinting at taking over New York City and Washington? Watch
Tired of too many ads? go ad free now Tired of too many ads? go ad free now US President Donald Trump on Tuesday (local time) suggested that the federal government might take control of New York City and Washington, claiming the White House holds the authority to intervene in cities if at a Cabinet meeting at the White House, Trump was asked about New York City's upcoming mayoral election. He said, "We're not going to have -- if a communist gets elected to run New York, it can never be the same. But we have tremendous power at the White House to run places when we have to."Trump criticised Democratic candidate Zohran Mamdani, who identifies as a democratic socialist, and also mentioned other candidates like Eric Adams, Andrew Cuomo, and Curtis Sliwa, though he did not endorse also slammed New York's ranked-choice voting system and called his relationship with current Mayor Eric Adams a "test.""New York City will run properly," he told ABC news. "We're going to bring New York back,' he his attention to Washington DC, he cited that the federal government could take over the city because of concerns about crime. 'We could run DC. We're looking at DC. We don't want crime in DC. We want the city to run well,' he added that his chief of staff, Susie Wiles, was talking with Washington Mayor Muriel has long called for the federal government to take over Washington, complaining that local leaders weren't effective and arguing the city has become riddled with the preliminary data from the Metropolitan Police Department shows that violent crime is down by 25% from last year and overall crime is down by 8%.Trump said on Tuesday that if the federal government ran Washington, it would be managed well and crime would be much lower."We would run it so good, it would be run so proper, we'd get the best person to run it," Trump said."And we know the crime would be down to a minimum, would be much less. And, you know, we're thinking about doing it, to be honest with you," he said he wants the capital city to be run perfectly and believes the federal government could manage it easily. He added that his team has a good relationship with the mayor and is currently testing whether their plan will DC has some autonomy under the 1973 Home Rule Act. It grants residents the ability to manage their affairs by electing a mayor and city council members. However, Congress has the final say over the city's laws and budget.
