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
May 24,2020

New Delhi, May 24: The Indian economy is likely to slip into recession in the third quarter of this fiscal as loss in income and jobs and cautiousness among consumers will delay recovery in consumer demand even after the pandemic, says a report.

According to Dun & Bradstreet's latest Economic Observer, the country's economic recovery will depend on the efficacy and duration of implementation of the government's stimulus package.

"The multiplier effect of the stimulus measures on the economy will depend on three key aspects i.e. the time taken for effecting the withdrawal of the lockdown, the efficacy of implementation and duration of execution of the measures announced," Dun & Bradstreet India Chief Economist Arun Singh said.

The report noted that the government's larger-than-expected stimulus package is likely to re-start economic activities.

Besides, measures taken by the Reserve Bank of India like reducing the repo rate by a further 40 basis points to 4 per cent, extending the moratorium period by three months and facilitating working capital financing will also help stimulate the momentum.

Singh said while the measures announced by the government are "positive", most of them have been directed towards strengthening the supply side of the economy, and "it is to be noted that supply needs to be matched with demand", he said.

Besides, "in the absence of cash-in-hand benefits under the government's stimulus package, demand for goods and services is expected to remain depressed", he added.

He further said the loss in income and employment opportunities, and cautiousness among consumers, will lead to a delayed recovery in consumer demand, even after the pandemic. As debt and bad loan levels increase, the banking sector might face challenges.

The report further noted that even as the monetary stimulus is expected to inject liquidity and stimulate demand for a wider section of the economy, the channelisation of funds from the financial institutions will be subjected to several constraints.

The foremost concern being increase in risk averseness, as the balance sheets of firms, households, and banks/NBFCs have weakened considerably and low demand for funds by firms as production activities have been on a standstill during the lockdown period, Singh said.

India has been under lockdown since March 25 to contain the spread of the coronavirus, resulting in supply disruptions and demand compression.

Prime Minister Narendra Modi imposed a nationwide lockdown to control the spread of coronavirus on March 25. It has been extended thrice, with some relaxations. The fourth phase of the lockdown is set to expire on May 31. 

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News Network
June 30,2020

Beijing, June 30: China said on Tuesday it was concerned about India’s decision to ban Chinese mobile apps such as Bytedance’s TikTok and Tencent’s WeChat and was making checks to verify the situation.

Chinese foreign ministry spokesman Zhao Lijian told reporters during a daily briefing that (the Prime Minister Narendra Modi-led government of) India has a responsibility to uphold the rights of Chinese businesses.

India on Monday banned 59, mostly Chinese, mobile apps in its strongest move yet targeting China in the online space since a border crisis erupted between the two countries this month.

The apps are “prejudicial to the sovereignty and integrity of India, the defence of India, the security of state and public order", the ministry of information technology said in a statement, which came two weeks after 20 Indian Army personnel were killed in a violent clash on the India-China border in Ladakh.

The companies have been invited to offer clarifications before a government panel, which will decide whether the ban can be removed or will stay.

The move also came ahead of military and diplomatic talks between India and China scheduled this week.

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News Network
January 27,2020

Jan 27: Bidders for Air India Ltd. will need to absorb $3.26 billion of its debt, as Prime Minister Narendra Modi’s administration tries once again to sell the national carrier.

The entire company will be sold but effective control needs to stay with Indian nationals, according to preliminary terms published Monday. Bids are invited by March 17 with Ernst & Young LLP India as transaction adviser.

Air India, which started in 1932 as a mail carrier before winning commercial popularity, saw its fortunes fade with the emergence of cutthroat low-cost competition. The state-run airline has been unprofitable for over a decade and is saddled with more than $8 billion in debt.

Indian regulations allow a foreign airline to buy as much as 49% of a local carrier, while overseas investors other than airlines can buy an entire carrier. The government didn’t find a single bidder when it tried to sell Air India in 2018.

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