Updated

The Latest on the awarding of the Nobel Peace Prize to Colombian President Juan Manuel Santos (all times local):

11:30 a.m.

Nobel Peace Prize laureate Juan Manuel Santos, 65, is an unlikely peacemaker. The Harvard-educated scion of one of Colombia's wealthiest families, as defense minister a decade ago he was responsible for some of the FARC rebels' biggest military setbacks, including a 2008 cross-border raid into Ecuador that took out a top rebel commander and the stealth rescue of three Americans held captive for more than five years.

Under the peace deal he negotiated, rebels who turn over their weapons and confess to war crimes will be spared time in jail and the FARC will be reserved 10 seats in congress through 2026 to smooth their transition into a political movement.

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11 a.m.

Colombian President Juan Manuel Santos won the Nobel Peace Prize Friday for his efforts to end a civil war that killed more than 200,000 Colombians.

The Norwegian Nobel Committee said the award should also be seen "as a tribute to the Colombian people who, despite great hardships and abuses, have not given up hope of a just peace, and to all the parties who have contributed to the peace process.

It did not cite his counterpart in peace negotiations, Rodrigo Londono, the leader of the Revolutionary Armed Forces of Colombia.

Santos and Londono signed a peace deal last month ending a half-century of hostilities only to see their efforts collapse following a shock vote against the agreement in a referendum six days later.