STOCKHOLM, Dhu-AlHijjah 28, 1436, Oct 12, 2015, SPA -- Scotland-born Angus Deaton has won the Nobel memorial prize in economics, AP reported. The Royal Swedish Academy of Sciences on Monday honored Deaton, a professor of economics and international affairs at Princeton, "for his analysis of consumption, poverty, and welfare." The Nobel committees have now announced all six of the annual 8 million Swedish kronor (about $975,000) awards. --SPA 14:31 LOCAL TIME 11:31 GMT www.spa.gov.sa/w
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