Nobel peace laureate urges world to fight poverty


  • World
  • Sunday, 10 Dec 2006

OSLO (Reuters) - Bangladeshi economist Muhammad Yunus received the Nobel Peace Prize on Sunday and urged world leaders to get on with the fight against poverty and stop wasting money on wars like the one in Iraq. 

Yunus, nicknamed "banker to the poor", and the Grameen Bank that he founded won the peace prize for their work to lift millions out of poverty by granting tiny loans to the poorest of the poor, especially women in rural Bangladesh. 

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