Nobel Peace Prize 2025 Winner Announcement Live Updates: Venezuelan politician Maria Corina Machado has been awarded the 2025 Nobel Peace Prize, the Norwegian Nobel Committee announced on Friday. Machado received the honour for her tireless work promoting democratic rights for the people of Venezuela and for her struggle to achieve a just and peaceful transition from dictatorship to democracy. The announcement was made in Norway's capital Oslo. The winner will receive a cash prize worth around 11 million Swedish kronor (around USD 1.17 million), a diploma and a medal. The Swedish institute registered a total of 338 candidates for the 2025 peace prize. Who is Maria Corina Machado? Founder of Súmate, an organisation devoted to democratic development, Machado stood up for free and fair elections more than 20 years ago. “It was a choice of ballots over bullets,” she said. In political office and in her service to organisations since then, Machado has spoken out for judicial independence, human rights and popular representation. She has spent years working for the freedom of the Venezuelan people. Trump's quest for the peace prize: Trump has repeatedly expressed that he deserves the Nobel Peace Prize, often comparing himself to Barack Obama, who won the award early in his presidency in 2009 for promoting diplomacy and international cooperation. Trump has cited his own foreign policy achievements as justification, arguing he would have received the prize quickly if he were in Obama’s position. Speaking at the United Nations General Assembly (UNGA) in New York in September, Trump said, “Everyone says I should get the Nobel Peace Prize. I ended seven wars. No president or prime minister has ever done anything close to that.” In July, Trump reportedly even lobbied Norway’s Finance Minister Jens Stoltenberg, the former NATO chief, over tariffs and pressed for consideration for the Nobel Peace Prize.