Biden said his government is taking steps to prevent the generals from improperly having access to the $1 billion in Myanmar government funds held in the US.
State Department spokesperson Ned Price said the US stands with the people of Burma, supports their right to assemble peacefully and their right to freedom of expression.
In episode 674 of 'Cut The Clutter', ThePrint’s Editor-in-Chief Shekhar Gupta explains how Aung San Suu Kyi’s ruling party in Myanmar was overthrown and what this means for India.
The military’s coup against Aung San Suu Kyi’s government has knee-capped Myanmar’s democratic transition and undercut its push to attract more foreign investment.
The coup could prove to be an early test case of Biden’s vow to defend democracy 'wherever it is under attack'. However, the impact of the threat of more US sanctions isn't clear yet.
A key part of US’ strategy to counter China’s rise is to rally democracies in Asia. But under Trump, democracy advocates in Malaysia & Thailand have lost ground.
In the first coup since 1962, Myanmar's military Monday detained Aung San Suu Kyi and others in early morning raids and announced a state of emergency for a year.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
To be truly functional and durable, even eternal, a state doesn’t just need a leader, a party or an ideology. It needs functional and robust institutions.
COMMENTS