📱

Read on Your E-Reader

Thousands of readers get articles like this delivered straight to their e-reader. Works with Kindle, Boox, and any device that syncs with Google Drive or Dropbox.

Learn More

This is a preview. The full article is published at economictimes.indiatimes.com.

Can the Nobel Peace Prize be transferred?

Can the Nobel Peace Prize be transferred?

When Venezuelan opposition leader María Corina Machado handed US President Donald Trump her Nobel Peace Prize medal this week, the gesture was heavy on symbolism and light on clarity. Was Trump being “given” a Nobel? Can such a prize be passed on? And what exactly does ownership of the medal mean? 'Enough Is Enough': Khamenei Envoy Vows Decisive Response As 'Trump Reviewing Options For Strike' Here is how the rules, precedents and the Nobel establishment itself explain it. What happened in Washington? Machado presented Trump with the medal she received after being awarded the Nobel Peace Prize last year. Trump publicly praised her, calling her a “wonderful woman”, and described the act as one of mutual respect. The White House later confirmed that Trump intends to keep the medal. The timing was politically loaded. The meeting came days after US military action in Venezuela led to the capture of President Nicolás Maduro. While the intervention briefly elevated Machado’s profile as a leading opposition figure, Trump soon distanced himself from backing her as Venezuela’s future leader, citing doubts about her domestic support. Can a Nobel Prize be transferred or shared? No. The Nobel Peace Prize itself cannot be transferred, shared, reassigned or revoked. The status of Nobel laureate is personal and permanent. Machado remains the sole winner of the prize regardless of who physically holds the medal. Trump holding the medal does not make him a Nobel Peace Prize laureate, nor does it associate him formally with the award. What Nobel Peace Centre says The Nobel Peace Center has directly addressed the confusion around Nobel medals and ownership. In a post explaining the medal’s history and symbolism, the Centre noted that the Nobel Peace Prize medal measures 6.6 cm in diameter, weighs 196 grams, and is struck in gold. One side bears a portrait of Alfred Nobel, while the reverse shows three naked men holding each other’s shoulders as a symbol of brotherhood, a design unchanged for 120 years. Crucially, the Centre clarified that Nobel medals have, on several occasions, changed hands after being awarded. One prominent example is journalist Dmitry Muratov’s medal, which was auctioned for more than $100 million to support refugees from the war in Ukraine. Another detail often overlooked is that the medal displayed at the Nobel Peace Center itself is on loan and originally belonged to Christian Lous Lange, Norway’s first Peace Prize laureate. However, the Centre underlined a non-negotiable principle set by the Norwegian Nobel Committee: once a Nobel Prize is announced, it cannot be revoked, shared or transferred. That decision stands for all time. A medal can change owners, but the title of Nobel Peace Prize laureate cannot. So what did Machado actually give Trump? She gave him the physical medal, not the prize. Once awarded, the medal becomes the personal property of the laureate. While the honour and title are non-transferable, the object itself can be gifted, loaned or displayed by someone else. That distinction explains why Machado’s gesture is legally possible but...

Preview: ~500 words

Continue reading at Indiatimes

Read Full Article

More from World News, Today World News, Latest International News, World Breaking News, Trending News of World - Times of India

Subscribe to get new articles from this feed on your e-reader.

View feed

This preview is provided for discovery purposes. Read the full article at economictimes.indiatimes.com. LibSpace is not affiliated with Indiatimes.

Can the Nobel Peace Prize be transferred? | Read on Kindle | LibSpace