Barack Obama Wins Nobel Peace Prize

The New York Times reports:

In a stunning surprise, the Nobel Committee announced Friday that it had awarded its annual peace prize to President Obama “for his extraordinary efforts to strengthen international diplomacy and cooperation between peoples.”

“He has created a new international climate,” the committee said in its announcement. President Obama’s name had not figured in speculation about the likely winner until minutes before the prize was announced here.

I guess the Nobel Committee isn't too worried about international trade.