President Barack Obama Wins Nobel Peace Prize

President Barack Obama has won the Nobel Peace Prize for giving the world “hope for a better future,”

The Norwegian Nobel Committee praised the first African-American president for “his extraordinary efforts to strengthen international diplomacy and cooperation between peoples.”

Since taking office in January, Obama has worked to restart the stalled Middle East peace, helping him beat out 205 other nominees.

He is awarded the prize–deliberated by the five-member Norwegian Nobel Committee–less than nine months into his presidency. While trying to patch things up in the Middle East, he is also facing difficult decisions with the war in Afghanistan.

“Very rarely has a person to the same extent as Obama captured the world’s attention and given its people hope for a better future,” the committee said.

The Nobel Peace Prize is worth around $1.4 million, and is scheduled to be presented in Oslo, Norway on December 10.