Prime Minister Benjamin Netanyahu announced a new international prize to be awarded to Jews who win global recognition due to their achievements in the fields of science and the arts. The Genesis Prize, worth $1 million, to be financed by the Genesis Philanthropy Group, will be awarded by Israel's prime minister annually in a ceremony to be held during the Passover holiday. Organizers say the goal of the prize is to emphasize the contribution of Jews to world history and draw the younger generation of Jews around the world closer to the State of Israel and Jewish identity.
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