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Friday, October 13, 2006

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Peace Prize goes to a man and his bank

Muhammad Yunus of Bangladesh was awarded the ...

Economist Muhammad Yunus and his Grameen Bank will share this year's Nobel Peace Prize for pioneering the idea of microcredit, giving small loans to poor entrepreneurs in rural Bangladesh.

Muhammad Yunus of Bangladesh was awarded the Nobel Peace Prize today. (Fabrice Coffrini (c) AFP/Getty Images)

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