Obama wins Nobel Peace Prize

-He is the first American President to win the award in his first year in office.

-Despite his brief tenure on the job and lack of tangible achievements, the Nobel Committee said it honored Obama "for his extraordinary efforts to strengthen international diplomacy and cooperation between peoples."

-Obama becomes the fourth American president to win the award and the third to win while in office.

-His one measurable achievement has been to improve the U.S. standing in the world as measured by polls in foreign countries, particularly after reaching out to the Muslim world in several speeches, including one from Cairo, Egypt.