A total of 331 candidates from all around the world have been nominated for Nobel Peace Prize 2018 and the winners will be announced by the Norwegian Nobel Committee today in Oslo, within just a few hours.

Alfred Nobel, the founder of Nobel Prize Committee has allocated most of his wealth in the name of the five Nobel Prizes, of which, one is the Nobel Peace Prize. This year, a total of 331 candidates including (216 individuals and 115 organisations) have been nominated for the Nobel Peace Prize 2018, the second highest number of nominations after 376 candidates in 2016. This year’s Peace Laureate will be elected by a five member committee of the Norwegian Nobel Committee with vote majority after looking into all factors of all candidates, today in Oslo.

And as usual, the list of candidates nominated for the prize is a well-guarded secret and yet, speculations of who might win the prize are gaining momentum. Most of the nominations of the Nobel Peace Prize are world leaders and politicians as the honour is awarded to someone who has done the “best work for fraternity between nations, the abolition or reduction of standing armies and for the holding and promotion of peace congresses”. So who could be this year’s peace laureate?

The 2017 Nobel Peace Prize was awarded to The International Campaign to Abolish Nuclear Weapons (ICAN), and this year, US President Donald Trump is all about denuclearisation and reconciliation with Koreans. So Trump? Unlikely. Betting into the odds, South Korea’s Moon Jae-in and North Korean Kim Jong un would be the front runners if we consider peace between two nations – but it would be an irony indeed. Indian PM Narendra Modi? He has launched the “world’s largest government-backed healthcare scheme” after all. Still premature for the Nobel. But, one never know who becomes the Peace Laureate. Watch live for accurate answers.