CNN Talk Asia had an interview yesterday with Dr. Muhammad Yunus, the Bangladeshi winner of the 2006 Nobel Peace Prize. His initiatives in microcredit eventually gave birth to Grameen Bank, which has issued over $5 billion in loans to millions of people since 1976. Grameen uses the system of solidarity lending to ensure the loans get repaid. Under this system, solidarity groups act as a distribution channel, leveraging “various types of social capital like peer pressure, mutual support and a healthy culture of repayment”.
Well, it seems like our neighbors to the West think that the whole state of emergency idea isn’t something only Bangladesh should be privy to. So last night Pervez Musharraf (right) decided that it was time to 
