- Nobel Prize winner to govern Bangladesh temporarily
In Bangladesh, Nobel Peace Prize laureate Muhammad Yunus was sworn in as head of the transitional government, as shown in local television broadcasts. The 84-year-old inventor of microloans is expected to remain in power until new elections are held.
The text mentions that locally televised broadcasts showed the swearing-in of Muhammad Yunus, who was named as the head of the transitional government in Bangladesh, following the Nobel Peace Prize he received. The following new elections in Bangladesh will determine when Yunus, the 84-year-old microloan innovator, will step down from government power.