Tag: Grameen Bank

  • Yunus and Grameen Bank won Nobel Prize despite massive blunders for years

    Yunus and Grameen Bank won Nobel Prize despite massive blunders for years

    A glimpse of management style of Prof Dr Muhammad Yunus:-He was far above accountability due to his fame and prestige-A sign of personal interest, arbitrariness and nepotism-He frequently traveled abroad for personal gain and publicity-He acted capriciously even during the bank’s deep crisis-He disabled Board members by destroying chain of command-He was reluctant to hand…

  • Why has the US been dismayed with Sheikh Hasina since 2009?

    Why has the US been dismayed with Sheikh Hasina since 2009?

    Even though the two countries have maintained a bilateral relationship, the United States, under three different presidents, has always been critical of Sheikh Hasina’s Awami League for some of her major political decisions that hurt US interests related to Grameen Bank founder Dr Muhammad Yunus, the trial of war criminals linked to Jamaat-e-Islami, the hanging…

  • US interests, accusations of ‘Arab Spring’, and Bangladesh’s path forward

    US interests, accusations of ‘Arab Spring’, and Bangladesh’s path forward

    In a recent twist of geopolitics, Russia has accused the United States of planning events to destabilize its close ally Bangladesh following the January 7 elections. The allegations, drawing parallels with the “Arab Spring”, shed light on the intricate dynamics of great power competition in South Asia. Earlier, China slammed the US for its alleged…

  • WikiLeaks: Yunus in 2009 urged US to mediate with Awami League

    Here is the verbatim of a cable sent to Washington by Chargé d’Affaires Nicholas Dean on Yunus and Awami League government. Only the sections have been rearranged. Date: November 30, 2009. Title: BANGLADESH PM REMAINS COOL TOWARD NOBEL LAUREATE (CONFIDENTIAL) Ambassador weighs in with Prime Minister ¶5. (C) Fearing GOB displeasure with him would jeopardize Grameen Bank…

  • PM’s UK interview triumphs, failures

    Prime Minister Sheikh Hasina on her five-day tour in London last week attended a number of meetings with the UK government and opposition party leaders, and gatherings of journalists and local Awami League members. Apart from attending the Olympic 2012 Games and a dinner by the Queen Elizabeth II, the Bangladeshi prime minister also gave…

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