Ole Von Uexkul announces the Right Livelihood laureates 2012 during a press conference at the foreign office in Stockholm Thursday Sept. 27, 2012. The awards were founded in 1980 by Swedish-German philanthropist Jakob von Uexkull to recognize work he felt was being ignored by the Nobel Prizes. A British anti-arms trade campaign and promoters of peace, human rights and the environment from the United States, Afghanistan and Turkey have been named as winners of this year's Right Livelihood Awards, also known as the "alternative Nobels." (AP Photo/Henrik Montgomery)
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 begin Monday with the award in medicine, followed by physics on Tuesday 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.