What award would you like to see?

Barack Obama said he would accept the award as a "call to action"

US President Barack Obama has been awarded the 2009 Nobel Peace Prize for "his extraordinary efforts to strengthen international diplomacy and co-operation between peoples".

First awarded in 1901, the Peace Prize is one of five Nobel Prizes originally given by the Swedish inventor of dynamite, Alfred Nobel. The other categories are Physics, Chemistry, Physiology or Medicine and Literature.

But which areas would young people like to see celebrated? School Reporters from Longsands College in St Neots, Cambridgeshire, gave their views.

George, 13, said he'd like to create an award for inspiration "because there's a lot of people out there who do some amazing things and need to be awarded. I know people in the army do their jobs everyday - they're in danger everyday - and I think they should be awarded for something."

I would give a Nobel Prize to the nicest person, people like my mum who goes and sees my nan when she can, people like her that care about other people. Jessica, 13

Ruaridh, 14, said: "I think I would like to see a Maths Prize, because it's so widely used."

Sally, 13, said: "I think it would be really good if someone came up with a common language for the whole world. I think it would increase the communication and surely that's got to help the wars and everything. Everyone's trying to learn languages so we can communicate better, so why not have one single language that everyone can use?"

'It's not about the money'

Eloise, 13, proposed an award for charity, "not necessarily based on how much money they make, but how much effort and how much of their lives they dedicate to it. By doing that it's making a lot of difference to other people and making their lives better."

Caitlin, 13, said: "I would like to make a category for the best service, for police and life boat people who don't get paid much but go out and help other people. They should be recognised because they put their lives on the line."

Jessica, 13, said: "I would give a Nobel Prize to the nicest person, people like my mum who goes and sees my nan when she can, people like her that care about other people."

Some of the students' comments were used in the BBC World News for Children bulletin which is broadcast Monday to Friday on the World Class website and available between 1300 and 1700 GMT on the Newsround website. It can be downloaded for free and accompanying scripts are also available.