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Nobel Prize purse rises to 1.22M
The Nobel Foundation in Sweden announced a 9% increase in the value of Nobel Prizes this year, reaching $1.22 million for each of the six categories, in an effort to maintain their prestige and ensure the continuation of their monetary value. The winners in Physics, Chemistry, Peace, Literature, Economics, and Medicine will be announced between October 5th and 12th, marking the 125th anniversary of the awards. All prizes are awarded in Stockholm, except for the Peace Prize, which is awarded in Oslo.
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