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Founder of the Grameen Bank, the world’s largest and most successful microcredit institution, Muhammad Yunus was born in one of the poorest places on earth, the country (then part of Pakistan) of Bangladesh. As a professor of economics, he was struck by the discrepancy between the economic theory taught in universities and the abject poverty around him. Recognizing the poor remained poor because they had no access to capital, no collateral for loans, and borrowing requirements so modest that it was not cost-effective for large banks to process their needs, Yunus started experimenting with small collateral-free loans to landless rural peasants and impoverished women. In 1983, he founded the Grameen Bank.
Photo by Eddie Adams
He was on my mom's flight from Atlanta to Denver tonight. A lady next to be just about freaked out when she saw him coming out of the gate. This is when we were at baggage claim. I didn't believe it until I saw other people snapping pictures with their cell phones, too.
Muhammad irfan Naqashbandi"Ghulam Ali Naqashbandi"
Mian Yasir Mahmood
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Muhammad Yunus speaking at the "Deine Stimme Gegen Armut" (Your Voice Against Poverty) concert in Rostock, Germany on June 7th, 2007.
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Ali went to fight Oscar Bonavena at Madison Square Garden on December 7, 1970. After a tough 14 rounds, Ali stopped Bonavena in the 15th, paving the way for a title fight against Joe Frazier.For more visit
From left: Syed Rahman, Abu Taher, Prof. Jerald Posman, Monica Yunus, Prof. Showkat Ali, Prof. Muhammad Yunus, Rashidul Bari, Julia Knorr—and Rakibul Bari.
A Brief History: The culmination of my long efforts of York College-Muhammad Yunus Scholarship was a meeting between Dr. Yunus and Prof. Posman in September 2007—at Hotel Sheraton, New York. That encounter solidified both the concept and support of the program. This, in turn, led to a major event at York College in February, 2008, where Dr. Yunus addressed the York college community and interested visitors. It was an exceptional experience for all involved.
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World Heavyweight boxing champion visited a supermarket on this site on 19 October 1971 as part of a promotional tour for Ovaltine.
The Eastern Daily Press | Norwich School of Art & Design
St Stephens Street, Norwich, Norfolk, England, UK
The supermarket was Tesco.
Briton Guilty in Sudan Blasphemy Case
By ALFRED de MONTESQUIOU,AP
Posted: 2007-11-29 17:05:02
Filed Under: World News
KHARTOUM, Sudan (Nov. 29) - A British teacher in Sudan was convicted Thursday of the less-serious charge of insulting Islam for letting her pupils name a teddy bear "Muhammad," and was sentenced to 15 days in prison and deportation to Britain, one of her lawyers said.
Gillian Gibbons could have received 40 lashes and six months in prison in the case if found guilty of the more serious charge of inciting religious hatred and given the maximum penalty.
In London, the Foreign Office said it was "extremely disappointed with the sentence," adding that Foreign Secretary David Miliband summoned the Sudanese ambassador to explain the verdict.
Gibbons, 54, was arrested Sunday after complaints to the Education Ministry that she had insulted Prophet Muhammad, the most revered figure in Islam, by applying his name to a teddy bear.
She was found guilty of "insulting the faith of Muslims in Sudan" under Article 125 of the Sudanese criminal code, a less-serious charge than the original count of inciting religious hatred, said Ali Mohammed Ajab, a member of her defense team.
The charge later was confirmed by a judge who was leaving the closed court session.
"I feel this is very serious and very unfair," Ajab told The Associated Press outside court. Ajab, who also works for the Khartoum Center for Human Rights, said the issue was raised by "hard-liners who are always trying to make some noise," in an apparent reference to religious conservatives.
Ajab said his center would appeal the verdict.
Gibbons' employer, Robert Boulos of the Unity High School, called it "a very fair verdict."
"She could have had six months and lashes and a fine, and she only got 15 days and deportation," Boulos said. He noted that she would only spend 10 days in prison, having already served five.
Gibbons is expected to serve her sentence in the Omdurman women's prison near Khartoum.
Religious conservatives in Sudan were outraged by the naming of the teddy bear, and defense lawyers reported receiving death threats.
"I am threatened, that's why I'm carrying a gun in court," defense lawyer Abdel Khalig Abdallah said, opening his coat to reveal a revolver during a break in the trial.
Copyright 2007 The Associated Press. The information contained in the AP news report may not be published, broadcast, rewritten or otherwise distributed without the prior written authority of The Associated Press. All active hyperlinks have been inserted by AOL.
2007-11-29 15:51:11