Nobel literature award to be named Thursday

STOCKHOLM – The Swedish Academy says it will reveal the winner of the Nobel Prize in literature on Thursday, completing the schedule of this year’s Nobel announcements.

The 8 million kronor ($1.2 million) award is one of the highest recognitions in literature worldwide. Last year’s prize went to Swedish poet Tomas Transtromer.

The Nobel Prize announcements began Monday with the award in medicine, followed by physics today and chemistry on Wednesday. The Nobel Peace Prize will be announced on Friday and the Nobel Memorial Prize in Economic Sciences on Monday, Oct. 15.