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Bangladesh Banker to Receive Nobel Peace Prize in Oslo
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http://enews.voanews.com/t?r=279&c=736119&l=1009&ctl=1542136:A6F02AD83191E160176D523B0F3075059574F7DCC14957C0

Nobel Peace Prize winner Muhammad Yunus says poverty is a threat to
world peace and promises to use his prize money to help provide loans
to the poor.

Yunus will receive his $1.3 million prize Sunday in Oslo.

The Nobel committee named the economist from Bangladesh the winner of
this year's peace prize for work by his Grameen Bank. He founded the
bank 30 years ago to provide small loans to the needy at little or no
interest. Nearly all the recipients are women. The bank has helped cut
poverty in Bangladesh.

Yunus met Saturday with officials of the Norwegian telecom company
that is a joint partner in Bangladesh with Grameen.

Yunus claimed in an interview with Fortune magazine last week that the
Norwegian company is backing out of its deal to turn over the entire
company to Grameen.

Company officials deny such a deal, but say they believe the issue can
be settled responsibly.

Some information for this report provided by AP and AFP.


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