Nobel Peace Prize Winner Calls Poverty Threat to World Peace

Bangladeshi 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.

Mohammed Yunus
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.

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