![Bangladesh was paralysed by weeks of protests and blockades in January [AFP]](/wp-content/uploads/2007/01/1_210636_1_5.jpeg?resize=270%2C180)
Muhammad Yunus, ‘banker to the poor’, is to launch a political party.
Yunus drops plans to enter politics
Bangladesh’s Nobel laureate backs out from floating own political party.
![Yunus won the Nobel Peace Prize last year for extending micro-credit to poor women [AP]](/wp-content/uploads/2007/05/1_218925_1_5.jpeg?resize=270%2C180)
3 May 2007
Yunus won the 2006 Nobel Peace Prize for helping poor women escape poverty by offering micro-credit through his Grameen Bank, earning the nickname “banker to the poor”.
“I have decided to back out from my efforts for forming a political party, bowing to the practical aspects of the situation,” Yunus has said in a statement.
He
issued the statement after he met Fakhruddin Ahmed, head of the army-backed interim government, at his official residence on Wednesday night.Yunus said he felt the interim government, which had restored relative calm in the country after deadly political violence last year, would be able to steer Bangladesh to further progress with the people’s support.
Source : News Agencies
![Bottled water has been going scarce in Jackson, Mississippi, as residents rush to stock up [File: Shelby Tauber/Reuters]](/wp-content/uploads/2021/03/2021-02-24T010657Z_429357801_RC2PYL9FEPAB_RTRMADP_3_USA-WEATHER-TEXAS.jpg?resize=170%2C113)
![Armed Houthi followers ride on the back of a truck after participating in a funeral of Houthi fighters killed in recent fighting against government forces in Yemen's oil-rich province of Marib, on February 20, 2021 [File: Khaled Abdullah/Reuters]](/wp-content/uploads/2021/03/2021-03-02T171848Z_540206432_RC253M9OCLV8_RTRMADP_3_YEMEN-SECURITY-USA-SANCTIONS.jpg?resize=170%2C113)
![At least 21 people have been killed since the February 1 military coup that ousted leader Aung San Suu Kyi [File: STR/AFP]](/wp-content/uploads/2021/03/000_94377Y.jpg?resize=170%2C113)
![Serbian President Aleksandar Vucic, centre, walks with Bosniak member of the tripartite Presidency of Bosnia Sefik Dzaferovic, left, and Serb member of the presidency Milorad Dodik, right, at Sarajevo International Airport [Serbian Presidential Press Service via AP]](/wp-content/uploads/2021/03/AP_21061493314931.jpg?resize=170%2C113)
![Mobeen, 19, became famous after her five-second video went viral [Akhtar Soomro/Reuters]](/wp-content/uploads/2021/03/2021-03-02T100416Z_135452219_RC2Y2M9Z2O6X_RTRMADP_3_PAKISTAN-INDIA-SOCIALMEDIA-TREND.jpg?resize=170%2C113)
![The book And to Think That I Saw It on Mulberry Street, by Dr Seuss, will no longer be published due to insensitive and racist imagery [File: Steven Senne/AP Photo]](/wp-content/uploads/2021/03/AP_21060773303558.jpg?resize=170%2C113)
![Children look at a member of the Kurdish-led Syrian Democratic Forces (SDF) after leaving the ISIL group's last holdout of Baghouz in Syria's northern Deir Az Zor province [File: Bulent Kilic/AFP]](/wp-content/uploads/2021/03/000_9396F9.jpg?resize=170%2C113)
![The legislation, referred to locally as the burqa ban, does not specifically mention the facial coverings worn by Muslim women, but is largely seen to target them [File: Michael Buholzer/Reuters]](/wp-content/uploads/2021/03/2011-10-29T120000Z_1662285206_BM2E7AT1E3901_RTRMADP_3_SWITZERLAND.jpg?resize=170%2C113)