20°C / 22°C
  • Fri
  • 30°C
  • 14°C
  • Sat
  • 28°C
  • 13°C
  • Sun
  • 27°C
  • 12°C
  • Mon
  • 27°C
  • 14°C
  • Tue
  • 28°C
  • 15°C
  • Wed
  • 30°C
  • 15°C
  • Fri
  • 17°C
  • 10°C
  • Sat
  • 20°C
  • 10°C
  • Sun
  • 19°C
  • 12°C
  • Mon
  • 20°C
  • 12°C
  • Tue
  • 17°C
  • 12°C
  • Wed
  • 18°C
  • 11°C
  • Fri
  • 31°C
  • 16°C
  • Sat
  • 29°C
  • 15°C
  • Sun
  • 30°C
  • 15°C
  • Mon
  • 30°C
  • 16°C
  • Tue
  • 30°C
  • 16°C
  • Wed
  • 33°C
  • 16°C
  • Fri
  • 31°C
  • 11°C
  • Sat
  • 28°C
  • 14°C
  • Sun
  • 30°C
  • 13°C
  • Mon
  • 29°C
  • 15°C
  • Tue
  • 31°C
  • 15°C
  • Wed
  • 32°C
  • 13°C
  • Fri
  • 21°C
  • 17°C
  • Sat
  • 23°C
  • 16°C
  • Sun
  • 25°C
  • 17°C
  • Mon
  • 27°C
  • 19°C
  • Tue
  • 24°C
  • 19°C
  • Wed
  • 20°C
  • 17°C
  • Fri
  • 18°C
  • 13°C
  • Sat
  • 18°C
  • 12°C
  • Sun
  • 19°C
  • 12°C
  • Mon
  • 20°C
  • 14°C
  • Tue
  • 18°C
  • 14°C
  • Wed
  • 17°C
  • 13°C
  • Fri
  • 17°C
  • 7°C
  • Sat
  • 22°C
  • 9°C
  • Sun
  • 24°C
  • 9°C
  • Mon
  • 21°C
  • 11°C
  • Tue
  • 17°C
  • 10°C
  • Wed
  • 18°C
  • 8°C
  • Fri
  • 17°C
  • 9°C
  • Sat
  • 18°C
  • 11°C
  • Sun
  • 18°C
  • 12°C
  • Mon
  • 18°C
  • 12°C
  • Tue
  • 16°C
  • 11°C
  • Wed
  • 15°C
  • 11°C
  • Fri
  • 36°C
  • 15°C
  • Sat
  • 32°C
  • 16°C
  • Sun
  • 30°C
  • 15°C
  • Mon
  • 31°C
  • 17°C
  • Tue
  • 33°C
  • 17°C
  • Wed
  • 35°C
  • 16°C
  • Fri
  • 25°C
  • 9°C
  • Sat
  • 28°C
  • 8°C
  • Sun
  • 27°C
  • 14°C
  • Mon
  • 26°C
  • 15°C
  • Tue
  • 27°C
  • 12°C
  • Wed
  • 27°C
  • 10°C
  • Fri
  • 24°C
  • 13°C
  • Sat
  • 22°C
  • 13°C
  • Sun
  • 28°C
  • 14°C
  • Mon
  • 32°C
  • 14°C
  • Tue
  • 33°C
  • 14°C
  • Wed
  • 31°C
  • 16°C
  • Fri
  • 18°C
  • 10°C
  • Sat
  • 19°C
  • 8°C
  • Sun
  • 19°C
  • 10°C
  • Mon
  • 19°C
  • 12°C
  • Tue
  • 17°C
  • 12°C
  • Wed
  • 17°C
  • 10°C

Nobel laureates in line for even bigger pay-day

The foundation cut the size of the Nobel Prize in 2011 to 8 million from 10 million and began cost savings after a decade of overspending.

FILE: The Nobel Committee for Physics announce the winners of the Nobel Prize in Physics (L-R) David J Thouless, F Duncan M Haldane and J Michael Kosterlitz at the Royal Swedish Academy of Sciences in Stockholm on 4 October, 2016. Picture: AFP

STOCKHOLM – This year’s Nobel laureates can look forward to a rise of 12.5% in prize money as the finances of the foundation have improved after previous years of overspending, the Nobel Foundation said.

The Nobel Foundation said that the money for the awards, given for excellence in the fields of science, literature and peace, will be raised to 9 million Swedish crowns ($1.12 million) from 8 million.

“With the announcement of the 2017 Nobel Laureates starting next week, we are pleased to communicate that this year we are raising the prize amount by one million Swedish kronor,” Carl-Henrik Heldin, chairperson of the Nobel Foundation, said in a press release.

“The Nobel Prize stands for science, humanism and international cooperation. At a time when knowledge and facts are being questioned, these values are more important than ever.”

The foundation cut the size of the Nobel Prize in 2011 to 8 million from 10 million and began cost savings after a decade of overspending. The situation is now regarded as having stabilized, the foundation said.

The capital that forms the base for the awards was donated in the will of dynamite inventor Alfred Nobel and is managed by the foundation, which was set up in 1900.

Comments

EWN welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

- Racism (including offensive comments based on ethnicity and nationality)
- Sexism
- Homophobia
- Religious intolerance
- Cyber bullying
- Hate speech
- Derogatory language
- Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the EWN community a safe and welcoming space for all.

EWN reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

EWN is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

comments powered by Disqus