2024 Nobel Prize Week Begins in Stockholm
The 2024 Nobel Prize for Physiology or Medicine is set to be announced on Monday, marking the start of a week dedicated to honoring exceptional achievements in various fields including science, economics, literature, and peace. The awards, running from October 7 to 14, come with a prize of 11 million Swedish crowns (USD 1.1 million). Up to three laureates can share this prize.
History of the Nobel Prize
The Nobel Prize was established by Alfred Nobel, a Swedish inventor, engineer, scientist, and philanthropist. In his will, he specified the institutions responsible for awarding the prizes. The Royal Swedish Academy of Sciences awards the Nobel Prizes in Physics and Chemistry, the Karolinska Institutet awards the Nobel Prize in Physiology or Medicine, and the Swedish Academy awards the Nobel Prize in Literature. The Nobel Peace Prize is decided by a committee elected by the Norwegian Parliament.
Nobel Prize Ceremonies
The first Nobel Prizes were awarded in 1901, with the Nobel in Economics introduced in 1969. The awards are presented during the Nobel Week, culminating in ceremonies at the Stockholm Concert Hall in Sweden and the Oslo City Hall in Norway on December 10, the anniversary of Alfred Nobel’s death. The Nobel Prizes in physics, chemistry, physiology or medicine, and literature are awarded in Stockholm, while the Nobel Peace Prize is awarded in Oslo.
Medals and Diplomas
Each laureate receives a gold medal featuring Alfred Nobel’s image. The reverse side varies depending on the awarding institution. Nobel Prize diplomas are unique works of art, with the literature diploma written on parchment and others on handmade paper. The Nobel Prize award ceremony and banquet in Stockholm are highlights of the week, with laureates as guests of honor alongside the Swedish royal family.
Upcoming Announcements
The Nobel announcements continue with the physics prize on Tuesday, chemistry on Wednesday, literature on Thursday, the Nobel Peace Prize on Friday, and the economics award on October 14.
Doubts Revealed
Nobel Prize -: The Nobel Prize is a set of prestigious international awards given annually in several categories like Peace, Literature, and Sciences. They were established by Alfred Nobel, who invented dynamite.
Physiology or Medicine -: This is one of the categories of the Nobel Prize, awarded to people who have made significant discoveries or advancements in the field of medicine or biology.
Alfred Nobel -: Alfred Nobel was a Swedish inventor, engineer, and industrialist who invented dynamite. He left his fortune to establish the Nobel Prizes.
Swedish crowns -: Swedish crowns, also known as Swedish kronor, is the currency used in Sweden. The Nobel Prize includes a monetary award given in this currency.
Laureates -: Laureates are the people who receive the Nobel Prize. They are recognized for their outstanding contributions in their respective fields.
Oslo -: Oslo is the capital city of Norway. The Nobel Peace Prize is awarded here, while other Nobel Prizes are awarded in Stockholm, Sweden.
Stockholm -: Stockholm is the capital city of Sweden. Most of the Nobel Prizes are awarded here, except for the Peace Prize, which is awarded in Oslo.
