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Nobel Laureate Muhammad Yunus to Lead Bangladesh Amid Political Turmoil

In a significant turn of events, Nobel laureate Muhammad Yunus, often referred to as the “banker to the poor,” has been appointed to lead an interim government in Bangladesh. This move follows the ousting of the country’s prime minister and the dissolution of parliament after weeks of intense and deadly anti-government demonstrations led by student protesters.
The announcement came from the Bangladesh president’s press secretary, confirming Yunus’s new role in the tumultuous political landscape. The student movement that played a crucial part in forcing the prime minister’s departure celebrated the news, though there are concerns about potential military intervention during this transitional period.
Yunus, currently in France for a minor medical procedure, is expected to return to Bangladesh soon to assume his new responsibilities. The Students Against Discrimination group expressed their approval, stating, “We are very delighted to say that Dr. Yunus has agreed to accept this challenge to save Bangladesh as per our students’ request.”
Who is Muhammad Yunus?
Muhammad Yunus, born in 1940 in Chittagong, Bangladesh, is a renowned economist and social entrepreneur. He studied at Dhaka University before earning a Fulbright scholarship to attend Vanderbilt University in the United States, where he obtained a Ph.D. in economics. After Bangladesh gained independence from Pakistan in 1971, Yunus returned to teach at Chittagong University.
During the devastating famine of 1974, Yunus’s perspective on economics shifted dramatically. Witnessing widespread hunger and poverty, he began providing small loans to impoverished individuals, which led to the founding of the Grameen Bank in 1983. The bank became a global model for poverty alleviation through microlending, earning Yunus and the institution the Nobel Peace Prize in 2006. Grameen Bank’s innovative approach has disbursed approximately $6 billion in loans, particularly benefiting Bangladeshi women.
Yunus’s Contentious Relationship with Former Prime Minister Hasina
Over the years, Yunus has clashed frequently with former Prime Minister Sheikh Hasina, who accused him of exploiting the poor. Despite briefly considering forming a political party in 2007, Yunus chose not to pursue this path. His removal as managing director of Grameen Bank in 2011 by Bangladesh’s government-controlled central bank, citing his age, marked the beginning of a series of legal challenges against him.
Yunus faced numerous legal battles, including defamation, food safety, and tax irregularities, all of which he denied. Earlier this year, he was sentenced to six months in prison for labor law violations and indicted on embezzlement charges. Yunus has consistently argued that these actions were politically motivated, describing them as harassment and warning that Bangladesh was on a path to becoming a “self-destructing civilization.”
In recent interviews, Yunus criticized the ruling party for turning Bangladesh into a “one-party” state, stifling political competition. With Hasina’s departure, it remains unclear what will happen to the ongoing legal prosecutions against Yunus.
As Yunus prepares to lead the interim government, the world watches to see if his leadership will bring the stability and reform that Bangladesh desperately needs.
News
Two Dead, Nearly 200 Injured as PSG Title Celebrations Turn Violent Across France

What began as jubilant celebrations of Paris Saint-Germain’s historic UEFA Champions League victory ended in violence and tragedy in parts of France, with two people killed and nearly 200 injured during street festivities that spiraled out of control.
Authorities confirmed on Sunday that a 17-year-old boy was fatally stabbed in the southwestern town of Dax during a PSG street gathering, while in Paris, a man died after his scooter was struck by a car amid the crowded celebrations. Both incidents are currently under investigation.
The unrest followed PSG’s dramatic win in Munich, where the club secured its first-ever Champions League title, marking a milestone in French football history. While fans across the country took to the streets to celebrate, several areas descended into violence.
According to the French Interior Ministry, a total of 294 people were arrested nationwide as of 2 a.m. Sunday. Of the nearly 200 injured, 21 were police officers—18 of them in Paris alone. One officer remains in a medically induced coma after being struck in the face by a firework.
Interior Minister Bruno Retailleau condemned the violence in a statement on social media. “True PSG fans are celebrating a magnificent achievement. Meanwhile, barbarians have taken to the streets to commit crimes and provoke law enforcement,” he said. “It is unacceptable that people cannot celebrate without being endangered by a violent minority.”
Despite the unrest, the majority of gatherings were peaceful, authorities noted, with large crowds celebrating the historic win in cities including Marseille, Lyon, and Lille.
The PSG squad returned to Paris from Munich on Sunday afternoon aboard a Qatar Airways charter flight, arriving at 4 p.m. The team is expected to continue celebrations in the capital with tens of thousands of fans, under heightened security measures.
The violent turn of events has reignited debate in France over crowd control during major sporting celebrations, and how best to ensure public safety without dampening national enthusiasm.
PSG’s Champions League triumph marks a defining moment for the club, which has long pursued European glory. As the team prepares for a hero’s welcome, officials are urging fans to celebrate responsibly and respect public safety.
News
Ukraine Launches Major Drone Assault on Russian Airfields, Hits Over 40 Strategic Bombers

Ukraine’s Security Service (SBU) has claimed responsibility for a large-scale drone strike on four Russian air bases over the weekend, targeting dozens of strategic bombers across vast swaths of Russian territory — from Siberia to the Arctic.
According to Ukrainian officials, the operation, codenamed “Spiderweb” (Pavutyna), was launched on June 1 and struck 41 long-range bombers stationed at airfields in Russia’s Ryazan, Ivanovo, Irkutsk, and Murmansk regions. The attack is being hailed by Kyiv as one of its most ambitious and far-reaching strikes since the beginning of Russia’s full-scale invasion.
“Enemy strategic bombers are burning en masse in Russia,” a senior SBU official said, noting that the operation was specifically designed to cripple Moscow’s airstrike capabilities. “This is a large-scale special operation aimed at destroying enemy bomber aircraft.”
The four airfields targeted were Dyagilevo in the Ryazan region, Ivanovo in central Russia, Belaya air base in Irkutsk — over 4,000 kilometers from the front lines — and Olenya air base on the Kola Peninsula near the Arctic, roughly 2,000 kilometers from Ukraine’s border.
Ukrainian officials described the complex logistics of the operation, which involved covertly transporting drones deep into Russian territory, hiding them until the time of launch, and remotely executing the strikes. While specific details remain classified, Ukraine previously revealed it had developed drones with a flight range of up to 3,000 kilometers, enabling long-range operations like this.
Satellite imagery analyzed after the attack shows the presence of several high-value Russian aircraft types at the affected bases, including the Tu-95, Tu-22M3, Tu-160, and A-50 radar planes. These aircraft have been central to Russia’s long-range missile campaign against Ukraine.
The Tu-22M3, for example, is capable of carrying Kh-22 and Kh-32 cruise missiles at speeds exceeding Mach 4. The Tu-95, a Cold War-era bomber once designed to carry nuclear weapons, has been retrofitted to launch conventional cruise missiles. The A-50 aircraft provides airborne radar surveillance and target coordination for Russian forces.
The scale of the strike underscores Ukraine’s growing long-range capabilities and signals a shift in Kyiv’s strategy to disrupt Russian air operations at their source. President Volodymyr Zelenskyy said he had held meetings with the Ministries of Defense and Foreign Affairs, along with the General Staff and SBU, to coordinate further defense and counter-offensive planning.
There has been no immediate official response from Moscow regarding the extent of damage caused.
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