For the first time, the Nobel Prize Ceremony was held in Stockholm

The Nobel laureates will gather in the Swedish capital, Stockholm, today, Saturday, for an in-person ceremony followed by a state banquet, for the first time since the start of the Covid-19 pandemic, which caused the ceremonies to be curtailed in the past two years.
The ceremony begins at 1500 GMT and features lavish formal attire, with men wearing white tie and women wearing long evening gowns with elegant hairdos. The 2020 and 2021 ceremonies were shortened and no banquet was held.
Many of the winners from the past two years will attend this year’s ceremony as well as the winners in 2022. Last year, for example, a ceremony was held but without the winners attending and receiving their medals in their countries.
Over the course of a week, the winners participated in activities that varied between panel discussions and press conferences. They had time to visit universities and give lectures.
Five of the six Nobel Prizes are awarded in Stockholm each year after a nomination process that is kept secret for the next 50 years. While receiving the Nobel Peace Prize in Oslo, where a separate ceremony will be held.
Among the 2022 laureates is Ben Bernanke, a former chairman of the Federal Reserve who, along with economists Douglas Diamond and Philip Depvig, won the Nobel Prize in Economics for their research on how to avert a deeper economic crisis by supporting troubled banks.
After the ceremony, a banquet will be held in the town hall, attended by members of the Swedish royal family, government officials, dignitaries and businessmen from different countries.