1. Three American gets Nobel Prize for Economics for their research in preventing bank collapse
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The Royal Swedish Academy of Science has awarded three American economists Ben Bernanke, Douglas Diamond and Philip Dybvig, the Nobel Prize in economics 2022 for their pioneering work on “improving our understanding of the role of banks in the economy, particularly during financial crises and why avoiding bank collapses is vital.” The Sveriges Riksbank Prize in Economic Sciences for 2022 was announced 10th October 2022.
Ben Bernanke
According to the Nobel committee ““Through statistical analysis and historical source research, Bernanke demonstrated how failing banks played a decisive role in the global depression of the 1930s, the worst economic crisis in modern history. The collapse of the banking system explains why the downturn was not only deep, but also long-lasting. It added the importance of well-functioning bank regulation is also understood thanks to this research.
Ben Bernanke was the chairman of the United States Central Bank, Federal Reserve in 2008 when the failure of Lehman Brothers sparked a worldwide financial crisis.
Douglas W Diamond and Philip H Dybvig
Both Diamond and Dybvig worked together to develop theoretical models explaining why banks exist, how their role in society makes them vulnerable to rumours about their impending collapse, and how society can lessen this vulnerability. These insights “form the foundation of modern bank regulation,” said the Academy.
Nobel Prize in Economics
The economics prize is not one of the original five awards created in the 1895 will of industrialist and dynamite inventor Alfred Nobel.
It was established by Sweden's Central Bank, Sveriges Riksbank in 1968 and the first prize was given in 1969 to Ragnar Frisch of Norway and Jan Tinbergen of Netherlands.
The prize money of 10 million Swedish crown ($885,000) prize money will be distributed between them three.
The prize will be conferred in a ceremony in Stockholm, Sweden on 10 December which is the death anniversary of Alfred Nobel.
Nobel Prize Winner 2022
Field | Winner 2021 | Winner 2022 |
Medicine or Physiology | David Julius (American) and Ardem Patapoutian(American) | Svante Paabo of Sweden |
Chemistry | Benjamin List (Germany)and David W.C. MacMillan(United Kingdom) | Carolyn Bertozzi, Morten Meldal and Barry Sharpless |
Physics | Syukuro Manabe(Japan), Klaus Hasselmann (Germany)and Giorgio Parisi(Italy) | Alain Aspect(France), John Clauser(American) and Anton Zeilinger(Austria) |
Literature | Abdulrazak Gurnah(United Kingdom) | Annie Ernaux of France |
Peace | Maria Ressa(Philippines ) and Dmitry Muratov(Russia) | Ales Byalyatski(Belarus), Memorial Group(Russia) and Center for Civil Liberties (Ukraine) |
Economics | David Card, Joshua D. Angrist and Guido W. Imbens (All are Americans) | Ben Bernanke,Douglas Diamond,Philip Dybvig ( All are American) |
2. Divyangana Sharma and Ritika Saxena have been honoured with the prestigious Victorian Premier Award.
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Two Indian students, Divyangana Sharma and Ritika Saxena have won the prestigious Victorian Premier's award. Divyangana Sharma has won the coveted Victorian Premier's Award - International Student of the Year 2021-22, while Ritika Saxena won the International Student of the Year award in the Research category.
Divyangana has also won Victorian International Education Awards 2021-22 in the Higher Education category. Divyangana Sharma came to Melbourne to study nursing at Holmesglen Institute in February 2020.
Ritika moved to Melbourne as an 18-year-old and is now a PhD student involved in stem cell research,
Victoria
Victoria is one of the six states of Australia. It is the second largest state of Australia after New South Wales.
Like all states of Australia, it has a constitution of its own.
The head of the Victorian government is called Premier.
The current Premier is : Daniel Andrews
Capital of Victoria: Melbourne
3. Harmanpreet singh wins consecutive FIH male player of the year award
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India’s men Hockey team player, Harmanpreet Singh was voted the men’s FIH Player of the Year 2021-22. This was announced by the International hockey regulator, FIH on 7 October 2022 at Lausanne.
Harmanpreet Singh became the fourth player after Belgium’s Teun De Nooijer and Arthur van Doren and Australia’s Jamie Dwyer to win the award in the men’s category in two consecutive years.
Harmanpreet Singh was the top goal scorer in the FIH Hockey Pro League 2021-22 with 18 goals .
Others Indian to win the 2021-22 award
Earlier , Mumtaz Khan was named the FIH women rising star player of the year 2021-22 .
PR Sreejesh and Savita Punia were named as the FIH Men’s and Women’s Goalkeeper of the Year 2021-22 for the second year in a row.
Female FIH player of the year 2021-22
Dutch player Felice Albers, was voted the female’s FIH player of the year 2021-22.
FIH
FIH (Fédération Internationale de Hockey) is the governing body of men’s and women’s International hockey.
Headquarters: Lausanne, Switzerland
Acting President: Seif El Dine Ahmed
4. A Belarussian political dissident and civil rights organisation of Ukraine and Russia wins Nobel Peace Prize 2022
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Jailed Belarusian political dissident Ales Byalyatski, banned Russian civil rights organisation Memorial and Ukrainian group Center for Civil Liberties were named the winners of the Nobel Peace Prize 2022 announced on 7 October 2022.
The Norwegian Nobel Committee in a statement said that it “wishes to honour three outstanding champions of human rights, democracy and peaceful co-existence in the neighbour countries Belarus, Russia and Ukraine."
The Nobel Prize in Physics, Chemistry, Medicine, Literature and Economics are announced by the Swedish Nobel Committee while the Peace prize is announced by the Norwegian Nobel Committee.
The award is seen as a return to the cold war era when the critic and dissident of the Soviet Union were given Nobel Prize by Norwegian committee so as to embarrass the Soviet Union. Russia which is the successor state of the Soviet Union is currently in a conflict with Ukraine and the Belorussian President Alexander Lukashenko is a close ally of Russian President Vladimir Putin.
Award Winners 2022
Ales Byalyatski, is a human right activist ,an opponent of Lukashenko and he was detained last year. by the government.
Memorial is a Russian organisation which works for human rights and civil liberties. It was a fierce critic of Vladimir Putin and it has been banned in Russia.
Center for Civil Liberties is an independent Ukrainian human rights organisation, which is also focused on fighting corruption.
2021 Nobel Peace prize winners
In 2021 the Nobel Peace prize was given to Maria Ressa of Philippines and Dmitry Muratov of Russia.
India’s who have won the Nobel Peace Prize
- Mother Teresa (original name; Mary Teresa Bojaxhiu) won the peace prize in 1979.
- Kailash Satyarthi won the prize with Malala Yousafzai of Pakistan in 2014.
The Nobel Peace Prize which is worth 10 million Swedish crowns, or about $900,000, will be presented in Oslo, Norway on 10 December. 10 December is the death anniversary of the Swedish industrialist Alfred Nobel, who founded the awards in his 1895 will.
5. Annie Ernaux becomes the first French women to win Nobel Prize for Literature
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82 year old, Annie Ernaux became the first French woman to win the Nobel Prize for literature . The Swedish Academy which announced the Nobel Prize for literature 2022 on 6 October 2022, cited the French author for "the courage and clinical acuity" in her largely autobiographical books examining personal memory and social inequality.
Annie Ernaux's first novel was Les Armoires Vides, published in 1974 but she gained international recognition following the publication of Les Années in 2008, translated into The Years in 2017.
The Nobel prize for literature is normally given to established authors but some prizes have gone to writers from outside mainstream literary genres, including French philosopher Henri Bergson in 1927, British Prime Minister Winston Churchill in 1953 and American singer-songwriter Bob Dylan in 2016.
In 2021 the prize was won by Tanzanian novelist Abdulrazak Gurnah.
The prizes for achievements in science, literature and peace were established in the will of Swedish chemist and engineer Alfred Nobel, who invented dynamite made and the prize have been awarded since 1901.
The prize is worth 10 million Swedish crowns ($915,000) and it will be conferred on 10 December in the Swedish capital city of Stockholm.
6. Karl Barry Sharpless, Carolyn R. Bertozzi and Morten Meldal wins the Nobel Prize for Chemistry 2022
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The Royal Swedish Academy of Science on 5 October 2022 announced the winner of the2022 Nobel Prize in Chemistry. Karl Barry Sharpless and Carolyn R. Bertozzi of America and Morten Meldal of Denmark were chosen "for the development of click chemistry and bioorthogonal chemistry."
While Carolyn R. Bertozzi and Morten Meldal are the first-time recipients of the Nobel, Karl Barry Sharpless won the top science award for the second time in his career.
Karl Barry Sharpless is the second person to get Nobel in Chemistry twice after the British scientist Frederick Sanger who won it in 1958 and 1980.
Karl Barry Sharpless last won the Nobel in Chemistry in 2001 for his work around chirally catalyzed oxidation reactions.
The 2022 Chemistry prize was given to the three chemists for laying the foundation for a functional form of chemistry, click chemistry, and utilising it in living organisms. “
What is Click Chemistry?
Click chemistry is the special process of joining molecules together to form new molecules. The term “click chemistry'' was introduced by Barry Sharpless.
Morten Meldal and Barry Sharpless discovered chemical agents that could bind to molecules, and then add other molecules one after the other to form complex clusters of molecules which can be modified by the scientist according to the needs. At present, through this click chemistry, large and complex structures are being created by connecting molecules. They are being used from making medicines to making polymers and new substances.
The Nobel Prize will be conferred on 10 December 2022 in Stockholm, Sweden.
Persons/Institutions who has won the Nobel prize more than once
- American Physicist John Bardeen won the Nobel Prize in Physics in 1956 and in 1972.
- Marie Curie was a Polish/ French scientist. In 1903 she got the Nobel Prize in Physics along with her husband Pierre Curie and Henri Becquerel. She won the Nobel Prize in Chemistry in 1911. She is the first woman to get a Nobel Prize. She and Linus Pauling are the only two people to win Nobel prizes in two different fields.
- Linus Pauling of America. He won the Nobel Prize in Chemistry in 1954 and Peace Prize in 1962.
- Frederick Sanger. He was a British scientist who won the Chemistry Nobel prize in 1958 and 1980.
- Karl Barry Sharpless. He is an American scientist who won Chemistry Nobel prize in 2001 and 2022.
- International Committee of Red Cross: It won Nobel peace prize in 1917, 1944 and in 1963.
- United Nations High Commissioner for Refugees: It won the Nobel peace prize in 1954 and 1981.
7. Former German Chancellor Angela Merkel wins UN refugee award
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The United Nations High Commissioner for Refugees (UNHCR) on 4 October honoured former German Chancellor Angela Merkel with the UNHCR 'Nansen' Refugee Award for the year 2022 for her 'moral and political courage' during the refugee crisis in Syria.
Important facts
The award selection committee said she was chosen for her leadership, courage and compassion, which helped ensure the protection of millions of desperate asylum seekers.
Merkel will be honoured with the award on October 10 in Geneva.
Merkel's efforts for refugee protection
Under the leadership of former German Chancellor Angela Merkel, Germany gave asylum to more than 1.2 million refugees and asylum seekers in 2015 and 2016.
These refugees had reached Germany to save lives from violent conflict in Syria and other places.
UN Refugee Agency High Commissioner Filippo Grandi praised the former chancellor's resolve to stand up for the protection of refugees, human rights and international law.
About UNHCR Nansen Refugee Award
This award was established in 1954.
This award is given every year in memory of Fridjof Nansen, devoted to Norway's scientific, diplomatic and human welfare work.
This award is awarded to an individual, group or organisation that has made efforts to protect refugees, displaced and homeless people.
8. Indian American Vivek Lall gets Lifetime Achievement award in US
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Indian-origin General Atomics CEO Vivek Lal has been honoured with the Lifetime Achievement Award by US President Joe Biden with a citation for 'With Grateful Recognition'.
Important facts
The award is given to him by AmeriCorps and by the Office of the President.
AmeriCorps operates as part of the US government, which aims to promote activities that inspire Americans to "serve communities".
Indian-American Vivek Lal is currently the Chief Executive Officer of General Atomics Global Corporation.
Lal was born on 05 March 1969 in Jakarta, Indonesia.
Lal completed his PhD in Aerospace Engineering from Wichita State University in Kansas.
He has also been the CEO and Chairman of Reliance New Ventures Reliance Industries Limited.
9. Alain Aspect, John Clauser, Anton Zeilinger chosen for the Nobel Prize for Physics 2022
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The Royal Swedish Academy of Science has announced the winners of the 2022 Nobel Prize in Physics on 4 October 2022. Three scientists; Alain Aspect of France, John Clauser of USA and Anton Zeilinger of Austria were honoured for their work in Quantum physics.
According to the Academy the awards were given for their "experiments with entangled photons, and pioneering quantum information science",
Quantum physics is a field of science that aims to study matter and energy at the most fundamental level. Each of the three winners conducted ground breaking experiments using entangled quantum states, where two particles behave like a single unit even when they are separated.
The Academy said that as a result of their work, development was underway to use the "special properties of individual particle systems to construct quantum computers, improve measurements, build quantum networks and establish secure quantum encrypted communication."
On 3 October 2022, Svante Paabo of Sweden was announced the winner of the Nobel Prize for Medicine.
The Nobel Prize will be conferred on 10 December 2022 in Stockholm, Sweden.
List of Nobel Prize winners from India -
- Rabindranath Tagore (1913) - Literature. First Asian to get a Nobel Prize.
- CV Raman (1930) - Physics
- Har Gobind Khurana (1968) - Medicine. He was an Indian born American citizen.
- Mother Teresa (1979) - Peace
- Subhramanyan Chandrashekhar (1983) - Physics. He was an Indian born American citizen.
- Amartya Sen (1998) - Economics.
- Venkatraman Ramakrishnan (2009) - Chemistry. He is an Indian born British and American citizen.
- Kailash Satyarthi (2014) - Peace
- Abhijit Banerjee (2019) - Economics. He is an Indian born American citizen.
10. Svante Paabo, the scientist who discovered the genome of primitive humans, won the Nobel Prize for Medicine
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Swedish geneticist Svante Paabo won the 2022 Nobel Prize in Physiology or Medicine on 3 October 2022 for discoveries that help in our understanding of how modern day humans evolved from extinct ancestors.
According to the Nobel Committee, Svante Paabo won the prize for "discoveries concerning the genomes of extinct hominins and human evolution.”
Svante Paabo is currently the director at the Max Planck Institute for Evolutionary Anthropology in Leipzig, Germany.
Svante Paabo is the son of the Swedish biochemist Karl Sune Detlof Bergström who won the Nobel Prize in Physiology or Medicine in 1982.
His pioneering work
He discovered a new human species called the Denisovans, from a 40,000-year-old fragment of a finger bone discovered in Siberia.
During the discovery of the genome of an extinct species of human named Neanderthal, he developed a technique by which the genome of any fossil could be accessed.
Dr. Pebo's more than 40 years of hard work discovered such a technique, which can be used to analyse the genome of millions of years old. Through this technique, factors such as bacteria, fungus, dust, seasonal changes and external chemical changes are cleaned from DNA. In the last 20 years, this technology has gone so far that now millions of DNA can be analysed simultaneously.
What is Genome
Genome is the set of information about genes within a cell. Within the genome, the complete information of that organism is kept in the form of DNA. This information, called the genome, is made up of DNA molecules. Whenever a cell divides or copies, this information is also copied together.
Nobel Prize
The Nobel Prize, which is considered to be the most prestigious prize in the world, was created in the will of Swedish dynamite inventor and wealthy businessman Alfred Nobel. The prizes for achievements in science, literature and peace have been awarded since 1901 and the economics prize was first given in 1969.
The prizes carry a cash award of 10 million Swedish kronor (nearly $900,000) and will be handed out on 10 December 2022. 10 December is the death anniversary of Alfred Nobel.
