Nobel for anti-poverty pioneers

My intention was to put this up a few days ago when the news of this first broke but it came right up against my midterms…heh. I first saw Mr. Yunus profiled on PBS (here and here) a while ago as one of a number of people who were making a difference on the planet with their radically new ideas.

Nobel for anti-poverty pioneers

Muhammad Yunus of Bangladesh and the Grameen Bank have been jointly awarded the 2006 Nobel Peace Prize. Mr Yunus, an economist, founded the bank, which is one of the pioneers of micro-credit lending schemes for the poor, especially women, in Bangladesh. Mr Yunus, 66, said he would use the 10m Swedish kronor ($1.35m, £730,000) prize money to “find more innovative ways” to help the poor launch businesses. (More and a profile on Mohammed Yunus)


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