CNN: What do you think of President Obama’s Nobel Peace Prize win?
Fareed Zakaria: It is great news. But I think it’s more an award to America for rejoining the world than recognition of President Obama per se. People here underestimate how relieved the world is to have a more engaged, less bullying America.
CNN: What has President Obama done specifically to deserve the award?
Zakaria: Quite a bit, in fact. He ended many "war on terror" practices that made people (both inside and outside the country) see America as betraying its ideals; he reached out to the Muslim world in a way that hasn’t been done before; he made proposals to reduce the world’s nuclear arsenals; he re-engaged on the Israeli-Palestinian issue; he started winding down the Iraq war.
All this collectively adds up to a changed American profile in the world — as is evident in President Obama being awarded the prize today.