Nobel Peace Prize Winner Calls Poverty Threat to World Peace
Posted on December 11th, 2006 by MichaelBangladeshi economist Muhammed Yunus called poverty a fundamental threat to peace as he accepted the Nobel Peace Prize in Oslo, Norway. Lisa Bryant has more on the awards ceremony for VOA from Paris.
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| Mohammed Yunus |
Sixty six-year-old Mohammed Yunus - the economist from Bangladesh, whom many call the banker of the poor - and his Grameen Bank were awarded the prize for helping millions of people get out of poverty through micro-credit loans.
The Nobel committee called Yunus a “modern Ghandi,” as it bestowed the prize on the micro-credit pioneer. Yunus says he will use his share of the $1.4-million award to create a company making low-cost, high-nutrition food for the poor.