The world’s leading minds and voices will be honoured on Wednesday, 10 December, the anniversary of Alfred Nobel’s death, as Nobel Prizes are presented in Stockholm and Oslo.
This year’s laureates include María Corina Machado of Venezuela, recognised for her long-standing advocacy of democratic rights, alongside a range of scientists and writers whose work has advanced human knowledge and culture.
The day combines royal ceremony, academic prestige, and global recognition of achievements that have shaped the world.
In Stockholm, awards in Physics, Chemistry, Medicine, Literature and Economic Sciences will be presented at the city’s Concert Hall by Sweden’s King Carl XVI Gustaf.
The event will be followed by the famed Nobel Banquet at Stockholm City Hall — a black-tie gathering known for elaborate dishes, artistic performances and speeches from the laureates.
This year’s roster of laureates spans scientific breakthroughs and cultural achievement.
In Physiology or Medicine, the prize went to Mary E. Brunkow, Fred Ramsdell and Shimon Sakaguchi for their pioneering discoveries into how the body regulates immune tolerance — knowledge that may transform treatments for autoimmune diseases.
In Physics, and Chemistry, major breakthroughs were also honoured — underscoring advances in our understanding of the universe and the building blocks of nature.
Literature’s 2025 laureate is László Krasznahorkai, recognised for a profound and visionary body of work that confronts human existence and modern anxieties through intense, poetic prose.
The 2025 Prize in Economic Sciences was awarded to Joel Mokyr, Philippe Aghion and Peter Howitt, recognised for their influential work explaining how innovation-driven economic growth shapes societies and livelihoods.
Peace prize laureate
The Nobel Peace Prize will be awarded earlier on Wednesday in Oslo, at the City Hall, though this year’s laureate, María Corina Machado of Venezuela, will not be present to receive the award in person.
Machado, 58, was recognized for her long-standing advocacy of democratic rights and non-violent political change.
She had originally been scheduled to attend the ceremony and deliver the official Nobel Lecture, despite a decade-long travel ban imposed by Venezuelan authorities and after spending more than a year in hiding.
However, as confirmed Wednesday by the Director of the Norwegian Nobel Institute, Kristian Berg Harpviken, Machado will be unable to travel to Oslo.
The ceremony — to be held in the presence of King Harald, Queen Sonja, and several Latin American leaders including Argentine President Javier Milei and Ecuadorean President Daniel Noboa — will proceed as planned.
In keeping with Nobel tradition, when a laureate cannot attend, a close relative accepts the award and delivers the lecture on their behalf. In this case, Machado’s daughter, Ana Corina Sosa Machado, will represent her mother at the ceremony.
When she was announced as the 2025 Peace Prize winner in October, Machado dedicated the honor in part to U.S. President Donald Trump, who has publicly claimed he should have received the award himself.
With world leaders, diplomats, scientists and artists gathering for the ceremonies, the Nobel Prizes highlight achievements that have pushed humanity forward. Per tradition, each laureate receives a gold medal, a diploma and a monetary award, this year amounting to 11 million Swedish krona (about $1 million) each.
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The United States is placing renewed emphasis on regional partnerships that offer predictability, security cooperation and economic continuity as instability deepens across the Middle East and parts of Eurasia
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U.S. President Donald Trump said Washington would “work something out” with NATO allies on Tuesday, defending his approach to the alliance while renewing his push for U.S. control of Greenland amid rising tensions with Europe.
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Venezuelan oil exports under a flagship $2 billion supply deal with the U.S. reached about 7.8 million barrels on Wednesday, vessel-tracking data and documents from state-run PDVSA showed.
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Russian President Vladimir Putin said on Wednesday that Moscow could pay $1 billion from Russian assets frozen abroad to secure permanent membership in President Donald Trump’s proposed ‘Board of Peace’.
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