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Oct. 9 (Bloomberg) -- U.S. President Barack Obama was awarded the Nobel Peace Prize for “his extraordinary efforts to strengthen international diplomacy and cooperation between peoples,” the Nobel Committee said in Oslo today.
Obama, 48, last year was elected the first black U.S. president on a platform of extracting the U.S. from the Iraq war while increasing focus on an eight-year conflict in Afghanistan. All U.S. forces are scheduled to be withdrawn from Iraq by 2011, after the 2003 the U.S.-led invasion to topple Saddam Hussein.
Obama is the third sitting U.S. President to be awa