Social businesses led by women can fix any problem: Nobel winner

Bangkok

SOCIAL enterprises run by women and young people can fix the world's most pressing problems - from climate change to wealth inequality - because they are often closest to such issues, Nobel laureate Professor Muhammad Yunus said on Thursday.

Bangladesh's Prof Yunus won the Nobel prize in 2006 jointly with Grameen Bank, the microfinance organisation he founded. He has since turned his attention to social businesses that he said are better equipped to solve some of the world's biggest challenges.