Former President Donald Trump announced a US and Qatar-brokered agreement between Israel and Hamas for the initial phase of a peace plan, which includes the release of all hostages and an Israeli troop withdrawal; the deal was subsequently confirmed by all involved parties. This significant geopolitical development, coming amidst Trump's push for a Nobel Peace Prize, represents a potential de-escalation in a volatile region, which could influence broader market sentiment and risk assessments for institutional investors.
Another shot at Nobel? White House's ‘peace’ post after Donald Trump pulls off Israel-Hamas Gaza deal Donald Trump has repeatedly said he deserves the Nobel Peace Prize for resolving “eight conflicts”, but experts predict he will not be the committee's choice. The White House appeared to make another concerted push for Donald Trump’s long-sought Nobel Peace Prize on Wednesday (local time), shortly after the president announced a breakthrough Israel-Hamas agreement brokered by the US and Qatar to end their two-year conflict. “The Peace President,” read a post from the official White House account on X, shortly after Donald Trump declared that both Israel and Hamas had agreed to terms for the release of all hostages held in Gaza. “I am very proud to announce that Israel and Hamas have both signed off on the first Phase of our Peace Plan,” Trump said in a social media post. “This means that ALL of the Hostages will be released very soon, and Israel will withdraw their Troops to an agreed upon line as the first steps toward a Strong, Durable, and Everlasting Peace,” he added. Also Read | What is the 'first phase' of the Gaza ceasefire that Israel, Hamas agreed to? Israel, Hamas, and Qatar later confirmed the hostage-release deal, marking the first tangible progress toward a ceasefire since the conflict erupted. Theatrical announcement It was a typically theatrical moment for the man who loves to publicly boast of being the “peacemaker-in-chief”. Trump's top diplomat interrupted a televised meeting at the White House to hand the US president a note and whisper in his ear that a Gaza deal was imminent. Shortly afterwards, he announced the agreement on his Truth Social network. "BLESSED ARE THE PEACEMAKERS!" he posted. Also Read | After Gaza truce breakthrough, Trump likely to visit Israel: 'They want me to...' But while the climax played out in front of reporters in the room, most of Trump's efforts had been behind the scenes, as he sought to pressure a reluctant Benjamin Netanyahu and win Arab support. The deal and the timing of its announcement could serve a dual purpose: advancing Middle East peace efforts and bolstering Trump’s image as a global statesman ahead of the Nobel Peace Prize announcement on October 10. News agency Bloomberg reported that the US president’s campaign to secure the Nobel has intensified in recent days, with aides privately lobbying for recognition of his “peace through strength” doctrine. Trump has repeatedly said he deserves the prestigious prize for resolving “eight conflicts”, but experts predict he will not be the committee's choice, at least not this year, news agency AFP reported. Among the conflicts he cites is the India-Pakistan standoff, a claim firmly rejected by New Delhi, which has maintained that no foreign mediation played any role in resolving the tension. During his first term in office, Trump was nominated for the Nobel Peace Prize but ultimately did not win. Nobel Prize 2025 The 2025 Nobel Peace Prize will be announced this Friday, October 10. honouring an individual or organisation that has made an outstanding contribution to global peace. The peace prize announcement will conclude a week of recognitions across disciplines, including medicine, physics, chemistry, and literature. What we know about the deal The agreement on the initial stage of Trump’s 20-point framework resulted from indirect talks in Egypt, just a day after the second anniversary of Hamas's attack on Israel that triggered Israel's devastating assault on Gaza. Trump announced that both Israel and Hamas had signed off on the first phase of the plan and this would bring the release of all hostages, alive and dead, "very soon" and the withdrawal of Israeli troops to the so-called yellow line in Gaza. According to a senior Israeli security source, that is a boundary for an initial Israeli pullback under the Trump plan, news agency Reuters reported. Hamas confirmed it had reached an agreement to end the war, that includes an Israeli withdrawal from Gaza and a hostage-prisoner exchange, but the group called on Trump and guarantor states to ensure Israel fully implements the ceasefire. The White House announced a US and Qatar-brokered agreement between Israel and Hamas, featuring the release of all hostages and an initial Israeli troop withdrawal, subsequently confirmed by all involved parties. This represents the first tangible progress toward a ceasefire since the conflict began, marking a significant geopolitical development. This breakthrough could contribute to de-escalation in a volatile region, potentially influencing broader market sentiment and global risk assessments. The overall sentiment surrounding this news is moderately positive, indicated by a sentiment score of 0.45 and a notable market impact score of 0.65. While presented as a peace initiative, the announcement also serves to bolster Donald Trump's image ahead of the Nobel Peace Prize announcement, though experts predict he will not be the committee's choice. Hamas's call for guarantor states to ensure full implementation highlights potential execution risks and the fragility of the agreement's long-term stability.
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