by: F R Chowdhury In democratic system, politicians exploit the mistakes of the opposition. They do so with their own reasons and justifications, they want to prove how wrong the other party was and at the same time project their own views and programmes on the same subject to gain popular support. However, politicians always [...]
By Andrew Quinn DHAKA | Sun May 6, 2012 (Reuters) – U.S. Secretary of State Hillary Clinton on Sunday warned Bangladesh’s government not to undermine pioneering microlender Grameen Bank, saying it was a key driver in the South Asian nation’s slow climb out of poverty. Clinton met with Grameen’s ousted founder – Nobel Prize-winning economics professor Mohammad Yunus [...]
Continue reading …By Nazmus Saquib Nobel Laureate Professor Muhammad Yunus has said he has no interest in becoming the president of the World Bank as he wants to dedicate his life to social business. “As a regular critic of World Bank, I have criticised the regulation and activities of the bank for a long time. In addition, [...]
Continue reading …Appointing Muhammad Yunus as head of World Bank idea is “very positive and interesting”, said Jean Lambert, the leader of the visiting team of EU parliamentarians. “We see the proposal very positive and interesting,” said Jean Lambert, leader of the delegation of seven MEPs, at a press briefing Thursday. Sheikh Hasina floated the idea [...]
Continue reading …Nobel Laureate Muhammad Yunus has expressed concern over the future of Grameen Bank as the government has yet to find a managing director to lead the country’s largest microlender since removing him from the position last year. “They (the government) removed me and still they couldn’t find a replacement. We’re worried about the future of [...]
Continue reading …By Nazmus Saquib Prime Minister Sheikh Hasina who is widely known for her alleged role in removing Muhammad Yunus from his position as chief executive of Grameen Bank, is now proposing for him to take over as head of Washington-based World Bank. She made the proposal at a meeting with a delegation of European MPs [...]
Continue reading …In August, Bangladeshi police broke up a ring of human organ dealers operating in Joypurhat, a district in the north of the country. Investigators say that three local “brokers” preyed on a large pool of indebted farmers, who agreed to part with a kidney or a chunk of their liver for a couple thousand dollars—enough [...]
Continue reading …Syful Islam: The government has started to inquire about Grameen Bank founder Nobel laureate Prof Dr Muhammad Yunus’s social businesses as it suspects lack of transparency in their investment and operation, officials said Sunday. Finance Minister AMA Muhith last Thursday wrote to Executive Chairman of Board of Investment (BoI) Dr S A Samad [...]
Continue reading …DHAKA — Bangladesh’s microfinance pioneer Muhammad Yunus is seeking a review of a Supreme Court judgement that upheld his dismissal from his Nobel prize-winning Grameen Bank, his lawyer said on Thursday. Yunus was fired by the central bank on March 2 this year for exceeding the mandatory retirement age. The 70-year-old “banker to the poor” [...]
Continue reading …Social Business From left to right, Prof Muhammad Yunus, Nobel Peace Prize laureate; Gra¿yna Henclewska, Polish deputy prime minister in charge of the Ministry of Economy; Michel Barnier, the current president of the Council of the EU; and Staffan Nilsson, president of the European Economic and Social Committee, pose at an event titled Promoting Social [...]
Continue reading …Bangladesh will take three months to find a replacement for Grameen Bank founder Muhammad Yunus, who resigned in May after losing an age-discrimination lawsuit, Finance Minister Abul Maal Abdul Muhith said Sunday. “A managing director of the bank will be appointed for three months while a committee searches for a suitable replacement for Yunus,” Abdul [...]
Continue reading …by Nazmus Saquib While speaking with the members of the Awami League parliamentary standing committee, Prime Minister Sheikh Hasina yesterday criticized Nobel laureate Dr. Mohammad Yunus for the recent cancellation of a World Bank loan that had been previously granted for the building of the Padma Bridge. “It is known to everybody that a Nobel [...]
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