Nobel Prize Award Raised to Nearly $1 Million for 2023

FILE - The Nobel medal in physiology or medicine presented to Charles M. Rice is displayed, Tuesday, Dec. 8, 2020, during a ceremony in New York. (Angela Weiss/Pool Photo via AP, File)
FILE - The Nobel medal in physiology or medicine presented to Charles M. Rice is displayed, Tuesday, Dec. 8, 2020, during a ceremony in New York. (Angela Weiss/Pool Photo via AP, File)
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Nobel Prize Award Raised to Nearly $1 Million for 2023

FILE - The Nobel medal in physiology or medicine presented to Charles M. Rice is displayed, Tuesday, Dec. 8, 2020, during a ceremony in New York. (Angela Weiss/Pool Photo via AP, File)
FILE - The Nobel medal in physiology or medicine presented to Charles M. Rice is displayed, Tuesday, Dec. 8, 2020, during a ceremony in New York. (Angela Weiss/Pool Photo via AP, File)

Winners of this year's Nobel Prizes will get an extra 1 million crowns, taking the total financial reward to 11 million Swedish crowns ($986,000), the Nobel Foundation, which administers the awards, said on Friday.

The prize money has been adjusted up and down in recent years and the award-givers said it was increasing the amount this year to reflect the Foundation's stronger financial position, Reuters reported.

In 2012, prize money was reduced from 10 million crowns to 8 million as the Foundation looked to shore up its finances. The prize amount was increased to 9 million in 2017 and in 2020 to 10 million - where it was prior to 2012.

Over the last decade, however, the Swedish crown has lost around 30% of its value against the euro meaning the most recent increase in the value of the prize won't leave winners outside Sweden feeling much richer.

In 2013, the prizes for achievements in science, literature and peace - which were first awarded in 1901 - were worth around 1.2 million dollars, despite the cut in the Swedish currency sum to 8 million crowns.

The Nobel Prize in Physiology or Medicine is the first of this year's prizes and will be announced on Oct. 2 followed by Physics, Chemistry, Literature and Peace on the following days.



Chinese Tea Hub Branches into Coffee as Tastes Change

A worker raking coffee beans during the drying process at the Xiaowazi, or Little Hollow, coffee plantation in Pu'er - AFP
A worker raking coffee beans during the drying process at the Xiaowazi, or Little Hollow, coffee plantation in Pu'er - AFP
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Chinese Tea Hub Branches into Coffee as Tastes Change

A worker raking coffee beans during the drying process at the Xiaowazi, or Little Hollow, coffee plantation in Pu'er - AFP
A worker raking coffee beans during the drying process at the Xiaowazi, or Little Hollow, coffee plantation in Pu'er - AFP

At a mountainside cafe in southwestern China, Liao Shihao brews handfuls of locally grown beans into steaming cups of coffee, a modern twist on the region's traditional drink.

For centuries, Pu'er in Yunnan province has given its name to a type of richly fermented tea -- sometimes styled "pu-erh" -- famous across East Asia and beyond.

But as younger Chinese cultivate a taste for punchy espressos, frothy lattes and flat whites, growers are increasingly branching out into tea's historic rival.

"People are coming to try our hand-drip coffee... and more fully experience the flavours it brings," Liao, 25, told AFP.
"In the past, they mostly went for commercialised coffee, and wouldn't dabble in the artisanal varieties," he said.

Liao´s family has run the Xiaowazi, or Little Hollow, coffee plantation for three generations.

Nestled in a shady valley, spindly coffee trees line its steep hillsides, their cherry-like fruit drying on wooden pallets outside.

When AFP visited this month, clusters of tourists sipped boutique brews in the airy cafe overlooking its verdant slopes.

"It's very good," said Cai Shuwen, 21, as he perched on a bar stool lifting sample after sample to his lips.

"Even though some beans are more astringent than I imagined, others have exceeded my expectations."

- Brewing success -

Every year, Pu'er's plantations sell tens of thousands of tons of coffee to major Chinese cities, according to government data.

In metropolises such as Beijing and Shanghai, a thriving cafe scene has emerged in recent years, driven by people aged between 20 and 40.

To Liao, a trained roaster and barista, coffee from his home region possesses "a creamy flavour with a silky, viscous mouthfeel".

Modern commercial plantations only sprang up in Pu'er in the 1980s, and the area is still better known for its centuries-old tea trade.

Liao's grandfather, Liao Xiugui, said "nobody knew anything about coffee" when he arrived in Pu'er a few decades ago.

At the time, the older man was one of very few people in China who had studied coffee cultivation.

But the region's relatively high altitude and temperate climate were well-suited to the unfamiliar crop, the now 83-year-old told AFP.

"The quality of the coffee we plant here is strong but not too bitter, floral but not too heady, and slightly fruity," he added.

Free from artificial pesticides and interspersed with other species for biodiversity, Little Hollow yields about 500 tons of raw coffee fruit per year.

Liao Xiugui himself drinks two or three cups a day, and credits the caffeinated beverage for keeping him spry in his advanced years.

"Drinking coffee can make you younger and healthier... and prevent ageing," he smiled.

"Also, everyone is tired at work these days... and they want to give their brains a boost."

- Richer pickings -

China's coffee output has risen dramatically in recent years, though it still lags far behind traditional powerhouses such as Brazil, Vietnam and Colombia.

Yunnan, near three borders with Southeast Asian nations, accounts for virtually all of China's coffee production, much of it concentrated in Pu'er.

On a visit to Yunnan last month, President Xi Jinping said the province's coffee "represents China", according to state media.

Keen to further expand the sector, officials have rolled out policies to improve production, attract investment and boost exports, according to government statements.

They have also merged coffee production with tourism, dovetailing with a central government push to increase domestic consumption.

Longtime farmer Yu Dun, 51, said she had opened new income streams with plantation tours, homestays and a restaurant fusing coffee with the cuisine of her native Dai ethnicity.

Her prospects were bright, she said, adding that she also earned "10 times" more revenue from her beans since learning to process and roast them herself.

"We used to say only rich people could drink coffee, but that's all changed now," she said.