In this file photo, bidder Ole Bjorn Fausa, of Norway, holds the 1936 Nobel Peace Prize medal in Baltimore, Thursday, March 27, 2014, the second Nobel Peace Prize ever to come to auction. (AP Photo/Patrick Semansky)
By Jan M. Olsen
A far-right Norwegian lawmaker said Wednesday that he has nominated U.S. 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 neighboring Sweden. Nominations must be sent to the Norwegian Nobel Committee by Feb. 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.
Sam Stovall, Chief Investment Strategist at CFRA Research, joins Cheddar News' Closing Bell where he dives into the factors contributing to Monday's market plunge and what could be in store when February's CPI data comes out on Tuesday.
Derek Shearer, former U.S. Ambassador to Finland and contributing writer for Washington Monthly, joins Cheddar News to discuss the latest developments in the Russia-Ukraine conflict.
Americans continue to feel the pain at the pump as a result of Russia’s invasion of Ukraine. Patrick DeHaan, head of petroleum analysis at GasBuddy, joined Cheddar News to discuss how prices are being affected by the war and how much worse it could potentially get for drivers. "It's obviously a fluid situation. In one field today, I might feel differently in a half hour. But for now, I think we could see the national average realistically go somewhere into the mid $4 range, maybe $4.40 to $4.65 based on what we're seeing," he said.
Russia’s invasion of Ukraine has entered its 12th day following what Ukrainian authorities described as increased shelling of encircled cities and another failed attempt to evacuate civilians from the port city of Mariupol.
Gasoline prices are pushing even farther above $4 a gallon, the highest price that American motorists have faced since July 2008, as calls grow to ban imports of Russian oil.
Jay Hatfield, Chief Investment Officer at ICAP, believes a lot of the bad news regarding the fighting in Ukraine and Fed is already priced into the market and looming uncertainty factored into Friday's movement. However, he also believes the upcoming Fed decision will be good news for Wall Street.
News of Russian forces taking control of a Ukrainian after artillery bombardment of a nuclear power plant raised concerns this week. Nuclear policy expert and Quincy Institute Distinguished Fellow Joe Cirincione joined Cheddar News to discuss the implications for a potential disaster. “I’m with the director general of the IAEA, the International Atomic Energy Agency. He says that he is extremely concerned, and that this Russian attack is a severe risk and that Russia clearly violated the fundamental principle of preserving the integrity of nuclear power plants," Cirincione said.
Amid Russia's attack on Ukraine, major businesses from BP to Big Tech like Apple have been pausing their business dealings with the invading nation. Brian Walker, chief strategy officer at commerce software company Bloomreach, joined Cheddar News to discuss how some companies are showing support for Ukraine and what this could mean for consumers. "Whether it be impacts on energy or operational costs, shipping and logistics, or frankly impacts on the financial services industry, these will have long term implications on retail prices," he said.
