google_protectAndRun("ads_core.google_render_ad", google_handleError, google_render_ad);
“Obama has as President created a new climate in international politics. Multilateral diplomacy has regained a central position, with emphasis on the role that the United Nations and other international institutions can play.”Obama would formally receive the award on him on December 10. There were a record 205 nominations for this year's prize. The laureate wins a gold medal, a diploma and 10m Swedish kronor ($1.4m). It is for the third time that s sitting US President has peace prize. Apart from Obama the others are Theodore Roosevelt in 1906 and Woodrow Wilson in 1919. Former president Jimmy Carter has won the award in 2002, while former vice president Al Gore shared the 2007 prize with the UN panel on climate change.