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Peace laureate Muhammad Yunus
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Nobel Banquet
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Orhan Pamuk receives the Literature Prize from King Carl Gustaf

Nobel Prizes Awarded in Stockholm and Oslo

The Nobel Prizes were awarded in Stockholm and Oslo Sunday.

In the Norwegian capital, Bangladeshi economist Muhammad Yunus and his Grameen Bank received the peace prize. In his speech, the inventor of micro-credits said his hoped his award would inspire bold initiatives to fight global poverty, and warned against the potential costs of globalization without help for the world’s poor.

Here in Stockholm, Turkey’s Orhan Pamuk was awarded the Nobel Prize in Literature, while six Americans shared the prizes in Physics, Chemistry, Medicine, and Economics.

The evening ended with the traditional banquet and dance at Stockholm’s City Hall, where the laureates and their families were joined by royalty, diplomats, politicians and other guests.

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