Muhammad Yunus Leads Interim Government in Bangladesh

Bangladesh's Prime Minister Sheikh Hasina resigned and fled the country on August 5 amidst widespread protests against a controversial job quota system, leading to the formation of an interim government led by Nobel Laureate Muhammad Yunus. The transition comes with significant challenges, as the new government aims to restore economic stability and public trust in banks following the unrest that resulted in over 400 deaths. Yunus, known for his work in microfinance, faces high expectations from the populace to address rampant joblessness and corruption. Critics highlight that the interim government's economic agenda appears aligned with right-wing, capitalist interests, raising concerns about social justice amidst their reform efforts. UN officials have warned that failure to meet the democratic demands of protestors could lead to further instability. The new government is focused on reviving the economy and restoring essential services, with a commitment to tackle inflation and banking sector issues.