Labor & Economic News Blog
Friday, October 13, 2006
Yunus, Grameen Bank Win Peace Prize
Yunus, Grameen Bank Win Peace PrizeBy By DOUG MELLGREN, Associated Press Writer
Bangladeshi economist Muhammad Yunus and the Grameen Bank he founded won the Nobel Peace Prize on Friday for their pioneering use of tiny, seemingly insignificant loans _ microcredit _ to lift millions out of poverty. Through Yunus's efforts and those...
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