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OBAMA WINS NOBEL PEACE PRIZE

By Wojciech Moskwa

OSLO (Reuters) - U.S. President Barack Obama won the Nobel Peace Prize on Friday for giving the world "hope for a better future" and striving for nuclear disarmament.

The decision to award one of the world's top accolades to a president less than nine months into his first term, who has yet to score a major foreign policy success, came as a major surprise.

The Norwegian Nobel Committee praised Obama for "his extraordinary efforts to strengthen international diplomacy and cooperation between peoples."

The first African-American to hold his country's highest office, Obama has called for disarmament and worked to restart the stalled Middle East peace process since taking office in January.

"Very rarely has a person to the same extent as Obama captured the world's attention and given its people hope for a better future," the committee said in a citation.