Sunday, 28 February 2021

Covid-19: Officials hunt Brazil virus variant case in England

Medical worker carries out coronavirus screening
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Health officials in England are trying to trace one of six patients infected with a contagious coronavirus variant first found in Brazil.

Three cases of the P1 variant were picked up in Scotland and three in England earlier this month.

But one case in England remains unidentified, prompting an appeal for anyone without a result from a test on 12 or 13 February to come forward.

Labour said there has been a lack of a "comprehensive" border system.

The P1 variant was first detected in travellers to Japan from Manaus in northern Brazil in January.

Health Secretary Matt Hancock will hold a meeting later to update MPs from all parties about the variant.

There have been concerns vaccines may not be as effective against the variant, but NHS England's Prof Stephen Powis said vaccines could be "rapidly adapted".

Dr Susan Hopkins, from Public Health England (PHE), said the UK was more advanced than many other countries in identifying the variants and mutations and therefore able to act quickly.

In England, the first two cases are from the same household in South Gloucestershire after someone returned from Brazil on 10 February - five days before the government's hotel quarantine rule came into force.

Two other people in the same household have also since tested positive for Covid - but tests are still ongoing to check if it is the same variant, so they are not included in the overall UK total of six.

Appeal

Testing is being ramped up in South Gloucestershire - on the outskirts of Bristol - with people living in five postcode areas invited to get tested even if they do not have symptoms. The postcodes fall within Bradley Stoke, Patchway and Little Stoke.

PHE said officials are tracking down passengers who were on Swiss Air flight LX318 from Sao Paulo to Heathrow, via Zurich, landing on 10 February.

The third case identified in England is not linked to the other two cases and the whereabouts of that person remain unknown.

PHE said the person did not complete their test registration card so follow-up details are unavailable.

Officials are asking anyone who took a test on 12 or 13 February and who has not received a result or has an uncompleted test registration card to come forward immediately by calling 119.

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Analysis box by Michelle Roberts, health editor

The Brazil variant is something officials are worried about because it shares similar mutations to the South Africa variant of concern.

Both have undergone genetic changes that could make them more contagious and perhaps less easy to stop with our current vaccines.

The coronavirus jabs being given to people now were designed around earlier versions of the pandemic virus, not these new variants.

Scientists believe they should still protect, although perhaps not quite as well.

Work is already under way to redesign or tweak the vaccines to make them a better match for some of these new "variants of concern".

These updated vaccines could be ready within months, meaning the UK would have millions of doses ready to give people a booster shot before next winter to make sure the population is protected.

There will be more cases out there of new variants that have not yet been identified.

While it may not be possible to eliminate them, the determination is there to slow the spread of coronavirus, including new variants. Sticking to the social distancing rules will help.

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The three Scottish residents had flown to north-east Scotland from Brazil via Paris and London, the Scottish government said.

Holyrood said the three people had tested positive while self-isolating. Other passengers who were on the same flight from London to Aberdeen are now being contacted.

Shadow home secretary, Nick Thomas-Symonds, said the news of the variant was "deeply concerning" and that it was "vital" everything was done to contain it.

"But this is further proof that the delay in introducing a hotel quarantine was reckless and the continuing refusal to put in place a comprehensive system leaves us exposed to mutations coming from overseas," he added.

The hotel quarantine rule came into force on 15 February. It means that travellers coming to England from 33 countries - including Brazil - must pay to quarantine in a hotel for 10 days, while in Scotland the rule applies to travellers from all countries.

Before that date, travellers arriving into the UK still needed to self-isolate in their homes for 10 days.

Passengers arrive with at the Terminal 5 international arrivals hall at London Heathrow Airport
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All travellers to the UK also need to present a negative Covid test taken a maximum of 72 hours before their departure.

It comes as the UK announced another 6,035 cases of coronavirus and reported that a further 144 people had died within 28 days of a positive test.

But a milestone in the vaccination programme was reached, with more than 20 million people having received their first dose of the vaccine.

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March 01, 2021 at 03:46PM

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Golden Globe Awards 2021: Nomadland and Borat win top awards

Chloé Zhao and Sacha Baron Cohen
NBC

Nomadland and Borat Subsequent Moviefilm were the big winners at Sunday night's Golden Globe Awards.

The night's top prize - best drama film - went to Nomadland, which stars Frances McDormand as a homeless woman travelling through the American West.

Chloé Zhao was named best director - becoming only the second female winner of the category in Globes history, after Barbara Streisand in 1983.

"Thank you everyone who made it possible to do what I love," Zhao said.

"I fell in love with making movies and telling stories because it gave us a chance to laugh and cry together, to learn from each other, and to have more compassion for each other."

Borat Subsequent Moviefilm, the sequel to 2006's hugely successful Borat, was named best musical or comedy film.

"Thank you to the all-white Hollywood Foreign Press," said Sacha Baron Cohen as he accepted the prize, referring to the recent revelation that the organisation behind the Globes currently has no black members.

Cohen poked further fun at the awards body as he was named best actor in a comedy or musical for the same film.

"Donald Trump is contesting the result. He's claiming that a lot of dead people voted, which is a very rude thing to say about the HFPA," he joked.

Other British winners at the ceremony included Rosamund Pike, who was named best actress in a musical or comedy film for I Care A Lot.

Daniel Kaluuya won best supporting actor for his performance in Judas and the Black Messiah.

Laura Dern presenting Daniel Kaluuya with his award for best supporting actor
Reuters

The star plays US activist Fred Hampton in the film, the chairman of the Black Panther Party who was assassinated in 1969 at the age of 21.

"I hope generations after this can see how brilliantly he fought, he spoke, and he loved," Kaluuya said as he accepted his prize.

"He taught me about myself, made me grow as a man, and I appreciate that with all my heart."

John Boyega was named best supporting actor in a limited series for his role Steve McQueen's BBC programme Small Axe.

"I'm so shocked. I've got trackie bottoms on and I'm comfortable but this is exciting," Boyega joked as he accepted the award from home.

The Crown was the big winner in the television categories, winning four prizes in total, including best drama series.

Josh O'Connor and Emma Corrin both won acting prizes for their performances in The Crown as Prince Charles and Princess Diana respectively.

Emma Corrin
Reuters

As she accepted her prize, Corrin said: "Most of all, thank you so much to [Princess] Diana, you have taught me compassion and empathy beyond any measure I could ever imagine."

O'Connor said: "I'm very lucky to be able to work in this period, and there are so many people who are unable to work, who are alone and isolated, and I hope we can all collectively put mental health at the forefront our minds."

Gillian Anderson was named best supporting actress in the series for her portrayal of former prime minister Margaret Thatcher.

Elsewhere, Chadwick Boseman was posthumously named best actor in a drama film for his performance in Ma Rainey's Black Bottom.

His wife accepted the award on his behalf, after the Black Panther star's death last summer from colon cancer.

Schitt's Creek was named best comedy series, while one of its stars, Catherine O'Hara, was also named best comedy actress.

Catherine O'Hara
Reuters

The Queen's Gambit was named best limited series, while its star Anya Taylor-Joy, who has lived in the UK since she was six, was also named best actress in a limited series.

Other winners included Mark Ruffalo for best actor in a limited series, and Pixar's Soul, which won best animated film.

Aaron Sorkin paid tribute to the three women who were nominated for best director as he accepted best screenplay for The Trial of the Chicago 7.

"You are the reason my college-age daughter wants to be a filmmaker, and I'm never going to forgive you for that," he joked.

Speaking before the ceremony, Regina King, nominated for her directoral debut One Night in Miami, said: "This was another year of powerful work from women with strong voices, so it feels good, and I hope this is the beginning of a true shift."

The ceremony, which recognises excellence in film and television, was held virtually this year because of the coronavirus pandemic.

While nominees dialled in from home, the live audience was made up of frontline workers and first responders of the Covid-19 pandemic.

Frontline workers and first responders made up the live audience, in place of nominees
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The Golden Globes are the first major event of awards season, and often a good indicator of which films will go on to Oscar glory.

Former Saturday Night Live stars Tina Fey and Amy Poehler returned to hosting duties this year, but they were in New York and Los Angeles respectively, marking the first time the Golden Globes have been bicoastal.

The nominees and winners were voted for by the 87 members of the Hollywood Foreign Press Association (HFPA), a group of international journalists based in California.

After a recent investigation by the LA Times found the HFPA had no black members, representatives from the organisation said during the ceremony they planned to address the issue.

"Tonight, while we celebrate the work of artists from around the globe, we recognise we have our own work to do," said Helen Hoehne, vice president of the HFPA.

"Just like in film and television, black representation is vital. We must have black journalists in our organisation."

Tina Fey and Amy Poehler
Reuters

Veteran actress and activist Jane Fonda received the Cecil B DeMille Award for lifetime achievement and used her acceptance speech to call for greater diversity in the industry.

The 83-year-old spoke of the importance of storytelling, saying powerful stories can "change our hearts and our minds".

She said: "Let's all of us make an effort to expand that tent so that everyone rises and everyone's story has a chance to be seen and heard. Let's be leaders."

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March 01, 2021 at 04:44PM

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The Moneyist: We put our spendthrift neighbors in touch with our financial adviser. They called her ‘lousy.’ So how come WE are the ones who retired early?

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: 2021 Golden Globes: ‘The Crown,’ ‘Schitt’s Creek’ among big winners

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Futures Movers: Dow futures up 200 points as Treasury yields retreat

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Australian Dollar, APAC Markets Focus on Bond Yields to Start March

Treasury Yields, Australian Dollar, RBA– Talking Points

  • US markets ended on a sour note in February as a bond market rout hit confidence
  • Rising government yields may continue to threaten risk appetite throughout markets
  • AUD/USD selloff leaves the pair in a fragile technical posture searching for support
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The risk-off move seen across markets last week, prompted by rising government bond yields, may continue as investors reallocate their portfolios. US equity indexes were among the hardest hit, lead by technology stocks, with the Nasdaq 100 index sinking nearly 5% on the week. The Dow Jones Industrial Average, S&P 500, and small-cap Russell 2000 also saw steep losses.

A sharp rise in Treasury yields was the main culprit for last week’s selloff, stemmed from a growing reflationary theme. The 10-year yield climbed for a fourth straight week as investors continued to ditch government debt. A likely trigger for the selloff may have likely been the 10-year rate eclipsing the S&P 500’s dividend yield.

The US session will kick March off with Manufacturing PMI figures for February from Markit Economics and the Institute for Supply Management. Later in the week, will see the highly anticipated Non-farm payrolls report cross the wires, with analysts expecting a print of 165k jobs added for February, according to the DailyFX Economic Calendar.

S&P 500 Dividend Yield vs 10-Year Treasury Rate

SPX vs Dividend yield chart

Monday’s Asia-Pacific Outlook

APAC equity markets will likely take direction from bond markets to kick off March. A risk-off atmosphere may continue to plague equity prices if government bond yields continue to pace higher. Alternatively, if yields moderate, equity prices may see buying pressure through the week. Hong Kong’s Hang Seng Index (HSI) dropped 3.64% on Friday and mainland China’s Composite closed 2.12% lower.

Today’s economic calendar shows Australia’s Ai Group Manufacturing Index on the docket. The week’s main event, however, will be an interest rate decision from the Reserve Bank of Australia. Analysts are expecting the RBA to hold its benchmark rate steady at 0.10%, although traders will key in on comments over the recent bond market rout. The RBA unexpectedly threw an offer into the market to purchases A$3 billion in three-year notes last week.

The move came after an intense selloff in Australian bond futures when 10-year saw the sharpest drop in years. While the move appeared to help calm markets, the RBA may have to step in again if investors continue to sell. The Australian Dollar was bruised badly, with AUD/USD ending its worst week since September 2020.

AUD/USD Technical Outlook

The Australian Dollar dropped over 2% against the US Dollar on Friday and broke below its 50-day Simple Moving Average in the process. A Triangle chart pattern came back into play on the downswing, with the apex of the pattern appearing to provide a level of support. The move’s velocity caught many traders off-guard as prices dropped nearly 4% in under 48 hours.

AUD/USD’s technical posture is now rather fragile compared to just last week. To the downside, the 78.6% Fibonacci retracement level may offer support and a potential reversal point. Conversely, moving back above the 50-day SMA could restore some confidence and allow the cross to begin tracking higher. The MACD oscillator suggests more pain could be in store for the Aussie-Dollar, however.

AUD/USD Daily Price Chart

AUDUSD chart

Chart created with TradingView

AUD/USD TRADING RESOURCES

--- Written by Thomas Westwater, Analyst for DailyFX.com

To contact Thomas, use the comments section below or @FxWestwateron Twitter

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March 01, 2021 at 12:00PM
Thomas Westwater
https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/asia_am_briefing/2021/03/01/Australian-Dollar-APAC-Markets-Focus-on-Bond-Yields-to-Start-March.html

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NewsWatch: As rising Treasury yields spook stock investors, March looms like a lion

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Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases, said, ‘Be careful when you try to parse this percent versus that percent.’ See full story.

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March 01, 2021 at 10:00AM
MarketWatch
http://www.marketwatch.com/news/story.asp?guid=%7B2FB3FB00-F77F-422C-9AAF-569DFF0C4607%7D&siteid=rss&rss=1

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The Wall Street Journal: Iran rejects offer to restart direct nuclear talks with U.S.

Iran rejected a European Union offer to arrange direct nuclear talks with the U.S., senior diplomats say, risking fresh tension between Tehran and Western capitals.

Two senior Western diplomats said Iran has ruled out attending a meeting in Europe for now, saying it wanted a guarantee first that the U.S. would lift some sanctions after the meeting.

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March 01, 2021 at 09:25AM
By Laurence Norman,  Michael R. Gordon
http://www.marketwatch.com/news/story.asp?guid=%7B21005575-02D4-D4B5-4572-D2C8DA893CE4%7D&siteid=rss&rss=1

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NewsWatch: As rising Treasury yields spook stock investors, March looms like a lion

MARKETWATCH FRONT PAGE

After a frenetic February, investors are probably hoping that March holds true to its proverb: In like a lion out like a lamb. See full story.

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Comments like ‘the GOP worship a golden crook’ spread across Twitter faster than you can say 'Moses' See full story.

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March 01, 2021 at 05:00AM
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Covid-19: Brazil 'variant of concern' detected in UK

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A coronavirus "variant of concern" that was first detected in Brazil has been found in the UK.

Three cases have been detected in England and three in Scotland, health authorities have said.

Experts believe the variant, first detected in Manaus in northern Brazil, could be more contagious.

The three Scottish residents had returned to Scotland from Brazil via Paris and London, the Scottish government said.

Other passengers who were on the same flight from London to Aberdeen are being contacted.

The three cases are not connected to the three in England, the Scottish government said.

In England, the first two cases were from a household in south Gloucestershire with a history of travel to Brazil, but the third is not linked, Public Health England said.

The whereabouts of that individual is unknown, as PHE says the person did not complete their test registration card so follow-up details are unavailable.

Officials are asking anyone who took a test on 12 or 13 February and who has not received a result or has an uncompleted test registration card to come forward immediately.

"The identification of this new variant is a concern but we are taking every possible precaution," said Scottish Health Secretary Jeane Freeman.

"We have identified these cases thanks to our use of advanced sequencing capabilities which means we are finding more variants and mutations than many other countries and are therefore able to take action quickly."

The Scottish government said this variant has been been designated "of concern" as it shares some important mutations with the variant first identified in South Africa. Research suggests some vaccines may be less effective against the South Africa variant.

In January, a coronavirus variant from Brazil was found in the UK - but it was not the "variant of concern".

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March 01, 2021 at 05:52AM

https://www.bbc.co.uk/news/uk-56233038

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Covid-19: More than 20 million in UK have had first jab - Hancock

A woman receives the AstraZeneca Covid19 vaccine at an NHS vaccination centre in Ealing, west London, Britain 12 February, 2021. UK is close to completing first step of the vaccination programme, with 13.5m people having had a first jab according to NHS England.
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More than 20 million people in the UK have now had their first dose of the coronavirus vaccine, Health Secretary Matt Hancock has said.

He said it was "a magnificent achievement for the country" and "the vaccine is our route out".

The government is aiming to offer all adults a first dose by the end of July.

From Monday, nearly two million people aged 60 to 63 in England will start receiving letters inviting them to book their vaccine.

The government's next target is to offer a first dose to all over-50s by 15 April, as well as people aged 16-64 with certain underlying health conditions and unpaid carers for disabled and elderly people.

After that, they will start offering jabs to people by age group.

There are no plans yet to vaccinate children, although trials have been announced to test the Oxford University jab on children.

"When you get the call, get the jab," said Mr Hancock.

In a video on Twitter, he said: "I'm absolutely delighted that over 20 million people have now been vaccinated across the UK - it's absolutely fantastic.

"I want to thank every single person who's come forward to get the jab because we know with increasing confidence that the jab protects you, it protects your community and it also is the route out of this for all of us."

Meanwhile, vaccines minister Nadhim Zahawi tweeted: "Bingo!" adding, "What an achievement for February 2021. What a team! Proud to be with you on this journey."

The government has not yet published its daily coronavirus figures - but the 20 million figure will apply to the number of people who have had their first dose.

According to Saturday's figures, more than 19.6 million people in the UK had received their first dose while the number of people who had had their second was 768,810.

Priority group list

Meanwhile, NHS England said people in the 60-63 age bracket would start receiving letters on Monday explaining how to book a jab through the national booking service, with those aged 50 to 60 set to be invited "shortly".

It said the vaccine rollout was gaining "fresh momentum", with medical director Prof Stephen Powis urging anyone who had been invited to take up the offer.

"It doesn't matter when you were invited you can still come forward and protect yourself and others," he said.

NHS England Sir Simon Stevens said vaccine supplies are expected to increase in March, adding: "We're planning for further acceleration as we head towards Easter."

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March 01, 2021 at 02:36AM

https://www.bbc.co.uk/news/uk-56231518

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NewsWatch: As rising Treasury yields spook stock investors, March looms like a lion

MARKETWATCH FRONT PAGE

After a frenetic February, investors are probably hoping that March holds true to its proverb: In like a lion out like a lamb. See full story.

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Comments like ‘the GOP worship a golden crook’ spread across Twitter faster than you can say 'Moses' See full story.

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The IRS has received approximately 21% more individual returns than the agency received last year by Feb. 7, which was 12 days into the tax season last year. See full story.

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The Food and Drug Administration on Saturday granted emergency authorization to Johnson & Johnson's COVID-19 vaccine, making it the third vaccine to become available to Americans during the pandemic and the first to only require one dose. See full story.

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March 01, 2021 at 02:00AM
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Myanmar coup: Deadliest day of protests as police open fire

Police have fired on protesters in Myanmar killing at least 18, the UN human rights office says, on the deadliest day of anti-coup rallies.

Deaths were reported in several cities including Yangon, Dawei and Mandalay as police used live rounds and tear gas.

Security forces began the violent crackdown on Saturday, after weeks of largely peaceful protests against the 1 February military takeover.

Government leaders, including Aung San Suu Kyi, were overthrown and detained.

Social media footage from Sunday showed protesters running away as police charged at them, makeshift roadblocks being erected, and several people being led away covered in blood.

The police crackdown was expanded on Sunday as coup leaders sought to quash a civil disobedience campaign that has shown no sign of ending.

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The people did not retreat

At the scene: BBC video journalist

As I arrived on Hledan road in Yangon an ambulance passed me. I heard one man had been shot. I ran to the location and when I arrived the volunteers had already lifted him into the ambulance.

I saw blood on the road and a homemade shield next to it. The bullet had passed through the shield.

Emergency workers treat an injured man in Yangon's Hledan township
BBC Burmese

A few minutes later, more protesters occupied the road, blocking the area with shields and carts and readying themselves to take on the police.

Many more arrived, sitting down on the road and chanting. There were so many I couldn't see the back of the crowd.

Two people were shot dead here and one was badly injured. But the people did not retreat.

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What is happening on the ground?

The UN human rights office condemned the violence against protesters, saying it had "credible information" that at least 18 people had been killed on Sunday. More than 30 others have been injured.

"The people of Myanmar have the right to assemble peacefully and demand the restoration of democracy," spokesperson Ravina Shamdasani said. "Use of lethal force against non-violent demonstrators is never justifiable under international human rights norms."

Activists and medical workers said at least four people had been killed in the largest city, Yangon, as police fired bullets, stun grenades and tear gas.

The protesters remained defiant. "If they push us, we'll rise. If they attack us, we'll defend. We'll never kneel down to the military boots," Nyan Win Shein told Reuters.

Another protester, Amy Kyaw, told AFP: "Police started shooting just as we arrived. They didn't say a word of warning. Some got injured and some teachers are still hiding in neighbours' houses."

Some demonstrators were herded away in police vans.

In the south-eastern city of Dawei, security forces moved to break up a rally.

There are reports of live rounds being used. Four people were killed in the city, activists told the BBC.

Protesters in Mandalay demand the release of Aung San Suu Kyi
EPA

Police also cracked down on a large rally in Mandalay, where police used water cannon and fired into the air. One person was killed there, the BBC has been told.

Protests have continued elsewhere, including the north-eastern town of Lashio.

The UN said deaths had also been reported in Myeik, Bago and Pokokku.

The number of arrests since the protests began has not been confirmed. The Assistance Association for Political Prisoners monitoring group has put the figure at 850, but hundreds more appear to have been detained this weekend.

Where is Aung San Suu Kyi?

Myanmar's civilian leader has not been seen in public since she was detained in the capital Nay Pyi Taw as the coup began.

Her supporters and many in the international community have demanded her release and the restoration of the November election result that saw her National League for Democracy party win a landslide.

Ms Suu Kyi is scheduled to face court proceedings on Monday on charges of possessing unregistered walkie-talkies and violating coronavirus rules. But her lawyer says he has been unable to speak to her.

Military leaders justified the seizure of power by alleging widespread fraud in the elections, claims dismissed by the electoral committee.

The coup has been widely condemned outside Myanmar, prompting sanctions against the military and other punitive moves.

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Myanmar in profile

  • Myanmar, also known as Burma, became independent from Britain in 1948. For much of its modern history it has been under military rule
  • Restrictions began loosening from 2010 onwards, leading to free elections in 2015 and the installation of a government led by veteran opposition leader Aung San Suu Kyi the following year
  • In 2017, militants from the Rohingya ethnic group attacked police posts, and Myanmar's army and local Buddhist mobs responded with a deadly crackdown, reportedly killing thousands of Rohingya. More than half a million Rohingya fled across the border into Bangladesh, and the UN later called it a "textbook example of ethnic cleansing"
Map with Mandalay
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March 01, 2021 at 12:17AM

https://www.bbc.co.uk/news/world-asia-56228357

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