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Tuesday, February 16, 2021 A soldier stands guard on a blockaded road to Myanmar s parliament in Naypyidaw on February 1, 2021, after the military detained the country s de facto leader Aung San Suu Kyi and the country s president in a coup. (STR/AFP/Getty Images)
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AP Myanmar s economy could take a significant hit following this week s military coup, analysts say, as the U.S. mulls fresh sanctions and foreign investors appear rattled potentially putting billions of dollars worth of business investments at risk for the Southeast Asian country. Citing fraud in the November general elections, Myanmar s military, known as the Tatmadaw, took control of the government on Monday the same day the newly elected parliament was set to convene. Leaders of the National League for Democracy ruling party were detained, including State Counsellor and Nobel Peace laureate Aung San Suu Kyi, who has since been charged with illegally importing walkie-talkies. The military also announced blocks on Facebook, Instagram and Twitter. ....