US economist wins last of Nobel prizes
AN AMERICAN won the Nobel economics prize yesterday for his analysis of trade patterns and the location of economic activity.
Paul Krugman, 55, a professor at Princeton University in New Jersey, won the last of the six Nobel prizes announced this year, having formulated a new theory to answer questions about free trade. The prize is a cash award of 700,000.
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Weather for Edinburgh
Monday 28 May 2012
Today
Sunny spells
Temperature: 9 C to 22 C
Wind Speed: 15 mph
Wind direction: North east
Tomorrow
Cloudy
Temperature: 10 C to 16 C
Wind Speed: 10 mph
Wind direction: North east
