<div><p>Bangladeshi Nobel Peace Prize winner Muhammad Yunus on Tuesday warned that the global economic crisis will hit the world's poorest people the hardest and that "there is no bailout package for them."</p><p>The microfinance pioneer, speaking during a visit to Tokyo, said the ...
<div><p>Microfinance pioneer Muhammad Yunus, who won the Nobel Peace Prize for his work in alleviating poverty, said he wants to open credit unions in the recession-gripped United States.</p><p>Yunus, who opened Grameen America bank in New York a year ago in the bank's ...
<div><p> As the absurdly coiffed and probably deranged Kim JongIl fingers his nuclear button, not even the ballsiest hedge fund manager would contemplate investing in the prospect of Korean reunification. But I could name one secretive London investor who took a big ...
<div><p>The global financial crisis is distracting attention from other pressing issues such as high food and energy prices, and environmental damage, Nobel peace laureate Muhammad Yunus told AFP Wednesday.</p><p>The Bangladeshi economist warned that not addressing those other issues would lead to a ...
<div><p>One hundred political, military, business and civic leaders from across the globe launched a new initiative in Paris on Tuesday aiming eliminate all nuclear weapons.</p><p>The "Global Zero" declaration, endorsed by a "Who's Who" of the world's foreign policy aristocracy from the past ...
<div><p>Norwegian telecom operator Telenor, which recently tightened ethical procedures in Bangladesh, still has sub-contractors there using child labour, Nobel laureate Muhammad Yunus charged Thursday.</p><p>Telenor was forced to review and strengthen its ethical guidelines after Norwegian media last May revealed deplorable conditions for ...
<div><p>Nobel laureate Muhammad Yunus may launch legal proceedings against Telenor to force the Norwegian telecom operator to honor a deal concerning their joint subsidiary in Bangladesh, GrameenPhone, he said.</p><p>Telenor owns 62 percent of GrameenPhone, while Yunus' Grameen Bank, with whom he shared ...
<div><p>Nobel laureate Muhammad Yunus is threatening legal proceedings against Norwegian telecom operator Telenor to force it to transform their joint Bangladeshi subsidiary into a "social business" aimed at helping the poor.</p><p>"The recent activities (of GrameenPhone) in Bangladesh leave me with little alternative ...
<div><p>The financial crisis has not hit the microfinance system, Nobel Peace Prize winner Muhammad Yunus said Thursday, as he called for tougher regulations to prevent such shocks in future.</p><p>"One good news in the middle of all these bad news: microfinance still works. ...
<div><p>Bangladeshi economist and Nobel laureate Muhammad Yunus has warned his country is likely to be badly hit by the global financial crisis.</p><p>Speaking at a seminar late Sunday, Yunus said the world was being hit by a "financial tsunami" that would not spare ...
