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Melanie Walker
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From Microfinance to Metafinance: A New Tool to Fight Global Poverty

3 Comments | Posted January 23, 2012 | 01/23/12 11:50 AM ET

At midnight on October 31, 2011, an eight-pound boy named Pyotr Nikolayeva was born in the western Russian city of Kaliningrad. The Nikolayeva family was probably too busy welcoming their third child into the world to recognize that Pyotr had become, according to Forbes magazine, our planet's seven billionth resident.

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