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The 74-year-old Peruvian author is the first South American to win since 1992.
"I would be remiss if I did not acknowledge the considerable controversy that your generous decision has generated."
Over 5,000 are expected to protest the war in Afghanistan at Obama's award ceremony in Oslo, but 44% of polled Norwegians think it was rude of him to cancel the traditional lunch.
These two economists have even been grappling with some of the same problems as the most recent American Nobel winner! But the reaction will probably be, shall we say, different.
Romanian-born German writer Herta Müller won 2009's Nobel Prize for Literature this morning.
First they said American writers were too 'insular' to win the Nobel — and now they've given it to an author from France!
The top member of the award jury says that our literature is too ignorant to be considered seriously for a Nobel. Harumph!
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