
"The Norwegian Nobel Committee is due to announce the winner of the 2025 Peace Prize at 11 a.m. local time (0900 GMT) in Oslo. This year, 338 candidates are in the running for the Peace Prize. This includes 244 individuals and 94 organizations. The total number is 52 more than last year. The Nobel awards will be formally presented to the winners at a ceremony on December 10, the anniversary of the death of Alfred Nobel, the Swedish industrialist who founded the prize."
"Unlike all the other Nobel Prizes, which are traditionally awarded in Stockholm, the Peace Prize is presented in Oslo. Each prize carries a cash award of 11 million Swedish kronor, which is equivalent to 1 million or $1.15 million. This week, laureates have already been named in medicine, physics, chemistry, and literature. The Nobel week will conclude on Monday with the announcement of the Nobel Memorial Prize in Economic Sciences."
The Norwegian Nobel Committee will announce the 2025 Peace Prize winner at 11 a.m. local time (0900 GMT) in Oslo. There are 338 candidates, including 244 individuals and 94 organizations, 52 more than last year. The Nobel awards will be formally presented at a ceremony on December 10, the anniversary of Alfred Nobel's death. Unlike the other Nobel Prizes awarded in Stockholm, the Peace Prize is presented in Oslo. Each prize carries a cash award of 11 million Swedish kronor, equivalent to one million euros or about $1.15 million. Laureates in medicine, physics, chemistry, and literature have already been announced, and the economics prize will follow Monday.
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