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As the 39th president of the United States, Jimmy Carter struggled to respond to formidable challenges, including a major energy crisis as well as high inflation and unemployment. In the foreign affairs arena, he reopened U.S. relations with China and made efforts to broker peace in the historic Arab-Israeli conflict, but was damaged late in his term by a hostage crisis in Iran. Carter’s diagnosis of the nation’s “crisis of confidence” did little to boost his sagging popularity, and in 1980 he was defeated in the general election by Ronald Reagan. Over the next decades, Carter built a distinguished career as a diplomat, humanitarian and author, pursuing conflict resolution in countries around the globe. He was awarded the Noble Peace Prize in 2002 "for his decades of untiring effort to find peaceful solutions to international conflicts, to advance democracy and human rights, and to promote economic and social development."