Obama wins Nobel Peace Prize- US President Barack Obama has been awarded this year's prestigious Nobel Peace Prize.
- The US President was awarded the prestigious international accolade for his calls to reduce the world's stockpile of nuclear weapons and working for world peace.
- His "extraordinary efforts to strengthen international diplomacy" were cited specifically.
- The first African-American to hold the country's highest office, Obama has called for disarmament and worked to restart the stalled Middle East peace process since taking office in January.
- The prize is worth $1.4 million, and it will officially be handed over in Oslo on December 10.
- President Obama held a UN summit last month which focused predominently on nuclear disarmament and curbing Iran's nuclear ambitions.
By www.MICHAELJACKSON50.com
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