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Myanmar military stages coup; Suu Kyi urges nation to resist

Myanmar military stages coup; Suu Kyi urges nation to resist Philip J. Heijmans and Max Zimmerman, Bloomberg News Myanmar Crisis a Negative For Investor Sentiment in Near Term, Asia Frontier Capital s Desai Says VIDEO SIGN OUT Myanmar’s military detained Aung San Suu Kyi, declared a state of emergency for a year and voided her party’s landslide November election victory in a setback for the country’s nascent democracy. Army chief Min Aung Hlaing’s office said he took the action in response to alleged voter fraud and the military would hold a “free and fair general election” after the emergency is over. An order by acting President Myint Swe, a former general aligned with the army, granted full authority to the army chief to run the country, saying it was necessary to act before new parliament sessions began this week.

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