Saturday, April 20, 2024

Dr Yunus to receive US Congressional Award Wednesday

Nobel Laureate Professor Muhammad Yunus, the founder of Grameen Bank, will receive the US Congressional Gold Medal award on Wednesday. Prof Yunus is already in the USA to attend the historic award-giving ceremony to be held in Washington, an official at the Yunus Centre told UNB on Monday.

Critics of microcredit chastised

Experts hail role of microcredit in poverty reduction Experts and politicians yesterday came down heavily on the critics of microcredit for being too ruthless about the economic concept, which is credited to contributing to pulling out millions out of poverty. They said there are both positives and negatives of the theory championed by Bangladesh’s lone ... Read more