Showing posts with label Muhammad Yunus. Show all posts
Showing posts with label Muhammad Yunus. Show all posts

Friday, October 13, 2006

Bangladeshi gets Nobel Peace Prize

This is amazing news. Power to South Asians! The region has come along way in its almost six decades of independent existence. While many say we have miles to go before we sleep, I like to think we also have much to be proud of.

Slow and steady...we'll make it.

While I am delighted that Muhammad Yunus, founder of Grameen Bank in Bangladesh, received the award, I was slightly taken aback when I read the sub-headline for an article from The Economist:

"An anti-poverty campaigner and a bank in Bangladesh have won this year’s Nobel Peace Prize. The purpose of the prize has become muddled. It may be better to withhold it next time"

Upon reading the article, I found out some very interesting information and a different point of view on how the bestowing of this award works. Read on for further enlightenment...