Aung San Suu Kyi Set To Break Silence On Rohingya Crisis In Live TV Address

Agencies
September 19, 2017

Yangon, Sept 19: Myanmar leader Aung San Suu Kyi is poised today to break her silence on a refugee crisis the UN has decried as "ethnic cleansing", in a live TV address that will be closely watched by nationalists in Myanmar who support an army-led campaign against Rohingya Muslims.

Communal violence has torn through Rakhine state since August 25, leaving hundreds dead and driving more than 410,000 of the Rohingya minority from Myanmar into Bangladesh.

But Suu Kyi, a Nobel laureate, has so far refused to speak up for the stateless Rohingya or publically urge restraint from the military.

Her intransigence in the face of huge international pressure has confounded a global community that once feted her as the champion of Myanmar's democracy struggle.

But inside Myanmar, supporters say the 72-year-old lacks the power to pull in the army, with whom she is in a delicate power-sharing arrangement. 

The UN has accused Myanmar's army of "ethnic cleansing" over a campaign of alleged murder and arson that has left scores of Rohingya villages in ashes.

The army denies that, instead insisting its operations are a proportional response to the late August raids by Rohingya militants, who they label "extremist Bengali terrorists".

Since then just under half of Rakhine's Rohingya population has poured into Bangladesh, where they now languish in one of the world's largest refugee camps.

A further 30,000 ethnic Rakhine Buddhists as well as Hindus have also been displaced -- apparent targets of the August 25 attacks by the Arakan Rohingya Salavation Army (ARSA) militant group. 

Suu Kyi skipped this week's UN General Assembly in New York to manage the crisis at home and deliver her televised address -- the biggest yet of her time in office.

Hours before her speech, British Foreign Secretary called a meeting on the sidelines of the UN gathering, warning that the Rakhine violence was "a stain on the country's reputation" so soon after its transition to democratic rule.

It was a message that fell on deaf ears among the several hundred people gathered near Yangon's famous Sule Pagoda early Tuesday to watch the speech on a big screen.

"She will explain to the world the real situation in Rakhine," Thet Aung Htike, 38, told AFP.

"Western countries and the UN think that her government is badly treating the Bengali people. But there are a lot of Buddhist and Hindu people who have been killed by the terrorists. The world needs to understand this."

Siege mentality

Analysts say Suu Kyi must walk a treacherous line between global opinion and Islamaphobic anti-Rohingya views at home, where the military has curdled hatred for the Muslim minority.

"I'm worried that there is almost no possibility, given the political climate in Myanmar, for balancing the expectations of most of the country and the expectations of the international community," said Richard Horsey, an independent analyst based in Myanmar.

While stories of weary and hungry Rohingya civilians streaming into Bangladesh have dominated global headlines, there is little sympathy for the Muslim group among Myanmar's Buddhist majority.

Many reject the existence of a Rohingya ethnicity and insist they are "Bengalis" -- illegal immigrants from Bangladesh.

That narrative has justified the denial of citizenship for the estimated one million Rohingya who lived in Rakhine before the recent crisis.

Loathing for the Rohingya has brought the public, including prominent pro-democracy activists, into an unlikely alignment with an army that once had them under its heel.

A seige mentality has emerged in Myanmar with the UN, international NGOs and foreign media the focus of ire for apparent pro-Rohingya bias.

Many Facebook users changed their profile picture on Tuesday to carry a banner with a photo of 'The Lady' and saying "We stand with you Daw Aung San Suu Kyi" -- using an honorific.

Tensions over the status of the Rohingya have been brewing for years in Myanmar, with bouts of anti-Muslim violence erupting around the country as Buddhist hardliners fan fears of an Islamic takeover.

Although the military stepped down from outright junta rule in 2011, it kept control of security policy and key levers of government.

Any overt break from the army's policy in Rakhine could enrage the generals and derail Suu Kyi's efforts to prevent a rollback on recent democratic gains.

Observers say the military may be deliberately destabilising her government with one eye on 2020 elections.

Commander-in-chief Min Aung Hlaing has emerged during the crisis as an unexpectedly popular figure, pitching himself as a defender Myanmar's territorial integrity and the Buddhist faith.

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News Network
March 6,2020

New Delhi, Mar 6: As panicky depositors rushed to withdraw money from Yes Bank whose control was seized by the RBI in a dramatic late-night move, Finance Minister Nirmala Sitharaman on Friday assured depositors that their money is safe and said the central bank was working for an early resolution of the crisis.

The Reserve Bank of India (RBI) on Thursday evening capped withdrawals at Rs 50,000 for the next one month and imposed strict limits on operations at the country's fourth-largest private lender that faced "regular outflow of liquidity" after an effort to raise new capital failed.

"I am in continuous interaction with the RBI. The RBI is fully seized of the matter and has assured they will give a quick resolution," Sitharaman said here.

She said no depositor will lose his or her money and insisted that the immediate priority is to ensure Yes Bank customers are able to withdraw money within the stipulated cap.

"I want to assure every depositor that their money shall be safe. Their monies are safe," she said. "I am constantly in contact with the RBI and the steps that are taken are taken in the interest of depositors, banks and economy. We are fully seized of the development."

She was talking to reporters after meeting State Bank of India (SBI) Chairman Rajnish Kumar. On Thursday, the SBI board gave its "in-principle" approval to exploring investment opportunities in Yes Bank.

"So I repeat, the depositors can be assured that their money is safe," she said.

Soon after the RBI takeover, depositors thronged Yes Bank ATMs to withdraw money and police had to be deployed in some places to control the crowds.

Yes Bank has 1,000 branches across the country.

Refusing to elaborate on her meeting with the SBI chairman, the minister said that "was on a completely different matter".

"RBI governor has given me assurance that there will be an appropriate resolution soon. No depositor will lose (money)," she said. "Reserve Bank has taken cognizance of the problem."

The central bank, she said, has gone through the "process over and over again to find out an amicable solution".

"And that has been over the last couple of months. So it is not as if they have come in suddenly now. We have been monitoring the situation," she said adding the RBI has appointed an administrator who previously was with the SBI.

"Both the RBI and the government are looking at this with all the details before them, not just today. I have personally monitored the situation over the last couple of months with the RBI. Therefore we have taken a course which will be in everybody's interest," she added.

Yes Bank had been seeking new capital since last year to bolster its ratios and quell questions about its stability due to its exposure to the non-banking finance industry entangled in a prolonged crunch in the local credit market.

The SBI chairman said the resolution to the Yes Bank crisis will come "very shortly".

"This is not a sectoral problem. It is a bank-specific problem," he said. "The RBI will take all steps to ensure financial stability."

On SBI picking up a stake in Yes Bank, he said the lender already has an in-principle approval for doing so.

"If SBI has to pick up a stake in Yes Bank, we have an in-principle approval for that," he said.

Commenting on the crisis at Yes Bank, Alka Anbarasu, Vice President – Senior Credit Officer, Financial Institutions, Moody's Investors Service, said: "RBI's moratorium on Yes Bank is credit negative as it affects timely repayment of bank depositors and creditors."

"While Moody's expects Indian authorities will take steps to prevent the weakness in the bank's viability from significantly impacting its depositors and senior creditors, the lack of a coordinated and timely action highlights continued uncertainty around bank resolutions in India," she said.

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News Network
May 30,2020

New Delhi, May 30: As the NDA government completes one year of its second term, Prime Minister Narendra Modi listed several achievements and initiatives taken by his government in the past year in an audio message addressed to the people of the country.

PM Modi said, "This day last year began a golden chapter in the history of Indian democracy. It was after several decades that the people of the country voted back a full-term government with a full majority."

"Your role has played a pivotal role in creating this chapter. In such a situation, this day is an opportunity for me to bow to the citizens of the country and the democratic ethos of our nation," said PM Modi.

"Had the situation been normal, I would have got the chance to meet you. Your affection and active support in the past year have given me new energy and inspiration. During this period, the way you have shown the collective powers of democracy, they have become an example for the whole world," he added.

PM Modi talked about several important initiatives taken by his government in 2014 as well as India's demonstration of its mettle through the surgical strike and airstrike.

"Six years ago in 2014, the people of this country voted to bring a major change in the country. You voted to change the country's policy and manner. During that tenure where surgical strike and airstrike took place, one rank one pension, one nation one tax GST, and better MSP for farmers were also fulfilled. That period was dedicated to fulfilling many needs of the country."

He further said that in these years the country has seen systems coming out of the quagmire of inertia and corruption. The country has seen governance change to make life easier for the poor.

"During that period, India's stature in the world increased. By opening bank accounts of poor people, by giving them gas connections, by providing free electricity connections, by building washrooms, by building houses, the dignity of the poor has also been increased," said PM Modi.

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coastaldigest.com web desk
August 1,2020

New Delhi, July 1: In a terrific incident with chilling echoes of the 2015 Dadri mob lynching, a Muslim man, who was carrying meat, was savagely attacked by a mob belonging to a saffron outfit in the presence of in BJP ruled Haryana on the eve of Eid al-Adha. 

The incident occurred at around 9 a.m. on Friday, July 31 at Badshahpur village in Haryana’s Gurgaon, when Lukman was transporting meat in a pic-kup truck. 

The attack was captured on mobile phones by onlookers and the video clips of the incident are now spreading on social media. 

A group of saffronite cow vigilantes chased the truck for about 8 km managed waylay it. Lukman, who was driving the truck was pulled out and brutally assaulted on the suspicion that he was transporting cow meat.

Just like Dadri, the police were faster at sending the meat to a lab for testing than catching any one of the suspects. One of the assailants - Pradeep Yadav- has been arrested. 

After being beating to an inch of his life, Lukman was bundled into the pick-up truck and taken back to Gurgaon's Badshahpur village where the goons started thrashing him again.

This is when the police stepped in and stopped them - only to find the assailants fearless enough to even take on them.

Lukman was taken to a hospital and the police filed a case against "unidentified individuals" even though the video of the incident recorded by witnesses shows the faces of the assailants.

The owner of the vehicles said that the meat was buffalo and he has been in the business for 50 years.

The police have so far refused to give a statement on record on the incident and explain their inaction as seen on video.

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