Microcredit pioneers Mohammed Yunus and the Grameen Bank have just been awarded the Nobel Peace Prize. Worthy!
From the Bloomberg story on the announcement (which seems to have not yet hit Google News): 'Lasting peace cannot be achieved unless large population groups find ways in which to break out of poverty,' said Nobel Committee director Ole Danbolt Mjoes in announcing the panel's choice of Yunus and the bank as this year's winners of the $1.4 million prize. 'Microcredit is one such means. Development from below also serves to advance democracy and human rights.'
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