That's why the protesters want "bankers of the poor"
The demonstrators in Bangladesh want the economist and Nobel laureate Muhammad Yunus to become an adviser in the country's transitional government. With his work with the banking system, the 84-year-old economist has contributed to the country's rapid development, writes AFP.
Among other things, Muhammad Yunus gained international fame when he was awarded the Nobel Peace Prize in 2006 for having pioneered the microcredit concept.
The scheme is meant to help people out of poverty by granting them a loan while teaching them how to handle certain financial principles and earn a living.
The method contributed to Bangladesh's lightning-fast economic development and then inspired other developing countries. The concept also led to him being called "the banker of the poor".
- Man was not born to suffer from hunger and poverty, he said during his Nobel lecture.
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Ex-prime minister released in Bangladesh
Bangladesh's former prime minister and opposition leader Khaleda Zia has been released after several years under house arrest, her party told the AFP news agency.
"She is now freed," a spokesperson for the Bangladesh National Party (BNP) told AFP.
Meanwhile, the news agency reported that the parliament of Bangladesh has officially dissolved.
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Nobel laureate accepts protestors' request
Nobel laureate and economist Muhammad Yunus has accepted the protesters' request to become an adviser in Bangladesh's transitional government, Reuters reports.
The request came after Prime Minister Sheikh Hasina resigned as a result of the protests that began in July.
The demonstrations - which first targeted the country's quota system that reserves some government jobs for certain social groups - turned into a general dissatisfaction with Bangladesh's government.
Yunus was awarded the Nobel Peace Prize in 2006 for developing the concept of microcredit that helped people out of poverty.
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