The Nobel Prize season has officially begun, with the announcement of this year’s laureates starting today. Following tradition, the Nobel Prize in Medicine will be revealed first, with the winners of Physics, Chemistry, Literature, Peace, and Economics to be announced on subsequent days. While five of the prizes are declared from Stockholm, Sweden, the Nobel Peace Prize is announced from Oslo, Norway. The awards are presented in the name of Swedish scientist Alfred Nobel, the inventor of dynamite, and funded through his estate. The Nobel Prizes have been awarded since 1901, making them among the most prestigious and valuable recognitions in the world. The Economics Prize, introduced in 1968, is now awarded alongside the original five categories and holds equal status. Winners receive a gold medal, certificate, and a cash prize of 11 million Swedish kronor. The awards ceremony will take place on December 10, marking Nobel’s death anniversary.
The season for one of the world’s most prestigious honors—the Nobel Prize—has begun. As per tradition, the announcement of Nobel laureates starts on the first Monday of October each year. Accordingly, the winner of this year’s Nobel Prize in Medicine will be announced today.
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