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Hungary’s Laszlo Krasznahorkai wins Nobel literature prize

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Hungary’s Laszlo Krasznahorkai wins Nobel literature prize


Hungarian author Laszlo Krasznahorkai poses for a photo. — AFP/File
Hungarian author Laszlo Krasznahorkai poses for a photo. — AFP/File 

STOCKHOLM: The Nobel Prize in Literature was on Thursday awarded to Laszlo Krasznahorkai, considered by many as Hungary’s most important living author whose works explore themes of postmodern dystopia and melancholy.

The Swedish Academy honoured him “for his compelling and visionary oeuvre that, in the midst of apocalyptic terror, reaffirms the power of art.”

“I’m very happy, I’m calm and very nervous altogether,” the author told Swedish broadcaster Sveriges Radio.

“It is my first day as a Nobel prize winner,” he said.

The Academy highlighted Krasznahorkai’s first novel published in 1985, “Satantango”, which brought him to prominence in Hungary and remains his best-known work.

The Academy called it “a literary sensation”.

Krasznahorkai is “a great epic writer in the Central European tradition that extends through Kafka to Thomas Bernhard, and is characterised by absurdism and grotesque excess,” the Academy said.

“But there are more strings to his bow, and he also looks to the East in adopting a more contemplative, finely calibrated tone.”

“The result is a string of works inspired by the deep-seated impressions left by his journeys to China and Japan,” it said.

Krasznahorkai was among those mentioned as a possible winner in the run-up to the prize.

The permanent secretary of the Academy, Mats Malm, said he had managed to contact the newest laureate to inform him.

“I just reached Laszlo Krasznahorkai on the telephone on a visit in Frankfurt, where he was,” he said.

“We have started to discuss things, about arrangements in December (for the prize ceremony in Stockholm), but not come so far yet.”

Krasznahorkai, now 71, grew up in a middle-class Jewish family.

He has drawn inspiration from his experiences under communism, and the extensive travels he undertook after first moving abroad in 1987 to West Berlin for a fellowship.

His novels, short stories and essays are best known in Germany — where he lived for long periods – and his native Hungary.

Critically difficult and demanding, his style was described once by Krasznahorkai himself as “reality examined to the point of madness”.

‘Literary sensation’ 

“It is Laszlo Krasznahorkai’s artistic gaze, which is entirely free of illusion and which sees through the fragility of the social order, combined with his unwavering belief in the power of art that has motivated the Academy to award him this prize,” Academy member Steve Sem-Sandberg said.

He is the second Hungarian to win the prize, after the late Imre Kertesz won it in 2002.

Last year, the award went to South Korean author Han Kang, the first Asian woman to win the Nobel.

The Academy has long been criticised for the overrepresentation of Western white men among its picks.

Women are vastly under-represented among its laureates – just 18 out of 122 since it was first awarded in 1901.

The Swedish Academy has undergone major reforms since a devastating #MeToo scandal in 2018, vowing a more global and gender-equal literature prize.

The Nobel Prize comes with a diploma, a gold medal and a $1.2 million prize sum.

Krasznahorkai will receive the award from King Carl XVI Gustaf in Stockholm on December 10, the anniversary of the 1896 death of scientist and prize creator Alfred Nobel.





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Nobel Prize inseparable from winner but medal can be given away, says award body

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Nobel Prize inseparable from winner but medal can be given away, says award body


US President Trump meets Venezuelan opposition leader Maria Corina Machado in the Oval Office, during which she presented the President with her Nobel Peace Prize, in Washington, DC, US, released January 15, 2026. — Reuters
US President Trump meets Venezuelan opposition leader Maria Corina Machado in the Oval Office, during which she presented the President with her Nobel Peace Prize, in Washington, DC, US, released January 15, 2026. — Reuters 
  • Venezuela’s Machado gave her Nobel medal to Trump.
  • Donald Trump says he intends to keep the medal.
  • Original laureate recorded in history as prize recipient.

OSLO: The Nobel Peace Prize remains inseparably linked to the person or organisation that won it, though the medal can be given away, the Norwegian Nobel Committee said on Friday, a day after last year’s winner gave her medalto US President Donald Trump.

Venezuelan opposition leader Maria Corina Machado gave her medalon on Thursday to Trump, who thanked her for it. The White House released a photo of Trump and Machado, with Trump holding up a gold-coloured frame displaying it, and a White House official said Trump intends to keep it.

Machado’s award also consists of a diploma and 11 million Swedish crowns ($1.19 million).

“Regardless of what may happen to the medal, the diploma, or the prize money, it is and remains the original laureate who is recorded in history as the recipient of the prize,” the award body said in a statement.

“There are no restrictions in the statutes of the Nobel Foundation on what a laureate may do with the medal, the diploma, or the prize money. This means that a laureate is free to keep, give away, sell, or donate these items,” it added.

‘Inseparably linked’

The medal and the diploma are physical symbols confirming that an individual or organisation has been awarded the prize, said the five-strong award committee.

Maria Corina Machado poses for a photograph at White House, on Capitol Hill in Washington, DC, US, January 15, 2026.  — Reuters
Maria Corina Machado poses for a photograph at White House, on Capitol Hill in Washington, DC, US, January 15, 2026.  — Reuters

“The prize itself – the honour and recognition – remains inseparably linked to the person or organisation designated as the laureate by the Norwegian Nobel Committee,” it said.

The committee, which did not refer to Trump and Machado by name in its statement, said it does not comment on a laureate’s statements, decisions or actions after the prize is announced.

It was not the first time a Nobel laureate has given away the medal. In 1943, Nobel literature laureate Knut Hamsun gave his to Nazi propaganda minister Joseph Goebbels.

In 2022, Nobel Peace laureate Dmitry Muratov sold his medal for $100 million to raise money for the UN children’s fund Unicef to help Ukrainian refugee children.

In 2024, the widow of former UN Secretary-General Kofi Annan donated his 2001 Nobel Peace Prize medal and diploma to the UN office in Geneva.





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Trump purchases $100 million worth of Netflix, Warner Bros bonds

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Trump purchases 0 million worth of Netflix, Warner Bros bonds



US President Donald Trump purchased about $100 million in municipal and corporate bonds from mid-November to late December, his latest disclosures showed, including up to $2 million in Netflix and Warner Bros Discovery bonds just weeks after the companies announced their merger.

Financial disclosures posted on Thursday and Friday showed the majority of Trump’s purchases were municipal bonds from cities, local school districts, utilities and hospitals.

But he also bought bonds from companies including Boeing, Occidental Petroleum and General Motors.

The investments were the latest reported assets added to Trump’s expanding portfolio while he is in office.

It includes holdings in sectors that benefit from his policies, raising questions about conflicts of interest.

For example, Trump said in December that he would have a say in whether Netflix can proceed with its proposed $83 billion acquisition of Warner Bros Discovery, which faces a rival bid from Paramount Skydance.

Any deal to acquire Warner Bros will need regulatory approval.

A White House official, who spoke on the condition of anonymity, said on Friday that Trump’s stock and bond portfolio is independently managed by third-party financial institutions and neither Trump nor any member of his family has any ability to direct, influence or provide input regarding how the portfolio is invested.

Like many wealthy individuals, Trump regularly buys bonds as part of his investment portfolio.

He previously disclosed at least $82 million in bond purchases from late August to early October.



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Trump says Pakistani PM’s ‘saving 10 million lives’ remark is an honour

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Trump says Pakistani PM’s ‘saving 10 million lives’ remark is an honour



US President Donald Trump has reiterated his claim of having stopped a war between Pakistan and India, while also saying that Pakistan Prime Minister Shehbaz Sharif thanked him for saving at least 10 million lives.

He made the remarks at the renaming of Southern Boulevard to Donald J Trump Boulevard in Washington on Friday.

“In a year, we made eight peace deals and ended the conflict in Gaza. We have peace in the Middle East…We stopped India and Pakistan from fighting, two nuclear nations…The Pakistani Prime Minister said Donald Trump saved at least 10 million people, and it was amazing,” he said.

The US president further recalled that the Pakistani prime minister’s remarks were an honour for him.

Trump cited his administration’s foreign policy record and repeated assertions of brokering peace between the two nuclear-armed neighbours.

Trump has made similar claims multiple times since May 10 last year, arguing that US pressure helped defuse tensions between India and Pakistan.



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