Winston Churchill was awarded the Nobel prize in Literature.
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Martin Luther publicly burned the papal edict, demanding that he recant.
The first Lord of the Rings film installment, 'The Fellowship of the Ring,' directed by Peter Jackson, premiered in London.
Cristina Fernandez was sworn in as Argentina's first elected female president.
One of the biggest heists in Japan occurred.
The First Nobel Peace Prizes were awarded to the Red Cross founder Jean Henri Dunant and peace activist Frederic Passy.
