the 29000 nobel prize for economics has been awarded to jointly to bannerjee to do floor and michael kramer for their pioneering studies on poverty between you were awarded the prize for their experimental work in alleviating global poverty bannerjee and to do floor where at massachusetts institute of technology and screamo works at harvard in the united states the economics prize is technically not a nobel prize as such it was 1st of order in 1969 by the swedish central bank as an add on to the other nobel prizes economics prize wraps up a noble cease and that so far had only seen one female laureates. and that's changed but not it was my colleague rob watts soon who kindly joins me in the studio to tell us a little bit more 1st of all about those 3 winners what did they do yes to flow which is bunny g. and michael kramer have all been awarded for what it was phrased as as their experimental approach to alleviating global poverty the key phrase there is experimental approach because what this trio have done that others in the field have not done is carry out field experiments with s

nobel prize for economics for their experimental approach to alleviating global poverty indian born bannerjee and his french american wife esther a do floor from the massachusetts institute of technology and american michael kraemer is from harvard university flow has become the 2nd woman to win the prestigious prize. half of afghanistan's school aged children are out of school hundreds of institutions have been closed because of the war with the taliban and i saw well that's hampering efforts to improve education for all about us reports from kabul. the cost of illiteracy in kabul is being sidelined by society these afghan men never learned to read or write the consequence of 4 decades of war more than half the population living below the poverty line every morning before 9 they gather here hoping to get work as laborers on a good day they'll earn $5.00. anybody alive is miserable we're struggling always we don't have a life i mean physically we're alive but we just exist afghanistan is one of the lowest literacy rates and the world's only about 31 percent of adults can read and write the un

bannerjee after do flow and michael kramer share the award. a spanish judge has issued a new internet warrant for the arrest of former cattle and president carlos pushed a man who fled to belgium to avoid prosecution over the failed 2017 independence bed the warrant comes after the supreme court convicted 12 cattle and separatist leaders 9 of home or head of lengthy prison terms. extra police deployed outside barcelona's main station protests began as soon as the sentences were announced demonstrators are condemning the court's decision to slap long jail terms on the politicians and activists. you're sort of just wanted to punish nothing else we don't like that is radical thought so it's a disgrace with certs europe would help us but they did nothing. spain supreme court gave its verdict on monday morning the former vice president of the catalonia region. was sentenced to 13 years in prison for sedition and misuse of public funds are the politicians were handed sentences of between 9 and 12 years state prosecutors had been calling for sentence

s abjit bannerjee and dufflo discuss their nobel prize award along with michael kremer. on understanding and alleviating global poverty >> the fate of the world has tremendously improved over the last three decades people in the u.s. are usually persuaded that poverty keeps increasing, for example, but the truth is that over the last three decades, the two groups that did relatively well in world economy are the ultra-rich and the ultra-poor >>> new research suggests what you eat may wreak havoc on your skin researchers studied data from more than 6,700 people and found that those who had acne were more likely to have consumed dairysodas, pastries and other sweets you're up to date. that's the news update this hour >> sue, i wish we'd used videos of the burgers, the sodas and the sweets instead of -- >> or water. >> sue, thank you very much. >>> the russell 2000 underperforming all the major averages dom chu is back on hq with more on that angle. >> wifflered, there has been this thesis among small caps that they're the ones more insulated to the trade war so as we talk