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
Friday 17 February 2012
Today
Light rain
Temperature: 5 C to 10 C
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