Peace Talks | Magic: The Gathering
Formats Peace Talks is Legal in
Official Oracle Text for Peace Talks
—Ahmahz il Kin, Suq'Ata diplomat
Official Rulings for Peace Talks
10/4/2004 : It affects the current turn and the next turn. This could affect the same player twice if they have two turns in a row, or it could affect different players. In a multiplayer game it affects exactly two turns, not a full round of turns.
2/1/2006 : Doesn't skip the Combat Phase, just renders creatures unable to attack.
7/1/2013 : Activated abilities contain a colon. They're generally written "[Cost]: [Effect]." Some keywords are activated abilities; they have colons in their reminder text.