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Tag: Myanmar

Posted on July 27, 2021

Myanmar floods, coup, complicate growing COVID-19 outbreak

Flooding in Myanmar has displaced hundreds of people, slowing efforts to battle a fast-growing coronavirus outbreak amid the chaos that followed the Southeast Asian nation’s military coup, residents …

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Posted on July 27, 2021

How Myanmar Coup Puts Democracy on Back Burner Again: QuickTake

Ten years after Myanmar began its transition to democracy — following decades of brutal military rule and isolation — the armed forces are back in power. After former dissident Aung San Suu Kyi, the …

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Posted on July 27, 2021

More Than 400 Myanmar Civil Groups Say Telenor Sale Breaks OECD Rules

The Norwegian company’s sale of its Myanmar unit to a firm with junta ties violates the economic grouping’s guidelines for multinational firms, their complaint alleges.

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Posted on July 27, 2021

Irresponsible? Telenor’s withdrawal from Myanmar draws complaints to OECD

Myanmar-based rights groups argue that Telenor Myanmar’s sale to M1 Group could lead to the deterioration of human rights …

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Posted on July 27, 2021

The World Bank forecasts Myanmar’s Economy to Contract by 18 Percent in FY 2021

The World Bank, in a report dated July 26, forecasts that the economy is expected to contract by 18 percent in 2021 Fiscal Year, which will have detrimental implications for the lives, livelihood, …

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Posted on July 26, 2021

World Bank: Coup and Coronavirus Shrink Myanmar’s Economy by 18%

Myanmar’s economy is forecast to shrink by 18% as it grapples with the coronavirus and the political turmoil unleashed by a coup, the World Bank said Monday. The contracting economy threatens millions …

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Posted on July 26, 2021

World Bank: Coup and Coronavirus Shrink Myanmar’s Economy by 18%

Myanmar’s economy is forecast to shrink by 18% as it grapples with the coronavirus and the political turmoil unleashed by a coup, the World Bank said Monday. The contracting economy threatens millions …

( read original story …)



Posted on July 26, 2021

EU sanctions no ‘silver bullet’ against Myanmar’s illegal timber trade, experts say

The European Union has imposed new sanctions on a state-owned timber enterprise in Myanmar following the coup in February, as part of an international effort targeting businesses whose profits are …

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Posted on July 26, 2021

Myanmar facing economic calamity from coup and COVID: World Bank

The World Bank has warned in a new report that Myanmar faces severe economic losses and a doubling of poverty as a result of the combined impact of the coup and COVID-19, with the military regime …

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Posted on July 26, 2021

Myanmar facing economic calamity from coup and COVID: World Bank

The World Bank has warned in a new report that Myanmar faces severe economic losses and a doubling of poverty as a result of the combined impact of the coup and COVID-19, with the military regime …

( read original story …)



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