WASHINGTON - The United States is planning to impose sanctions on two conglomerates controlled by Myanmar’s military over the generals Feb. 1 coup and a deadly crackdown, two sources familiar with the matter said on Wednesday.The move by the U.S. Treasury to blacklist Myanmar Economic Corporation and Myanmar Economic Holdings Ltd and freeze any assets they hold in the United States could come as early as Thursday, sources said.
The coup sparked a widespread uprising, and security forces have responded with violence, killing at least 275 people. The United States and Britain, as well as the European Union and Canada, have already imposed some sanctions against top generals including Commander in Chief Min Aung Hlaing and the chief’s adult children.
The military controls vast swathes of Myanmar’s economy through the holding firms and their subsidiaries, with interests ranging from beer and cigarettes to telecom, tires, mining and real estate.
The gen-alpha, which shielded the strike from terrorists, have the courage to defend itself with a shield and a little machete. It is also written on the shield that says UN STOP ABDUCTIONS Mar25Coup WhatsHappeningInMyanmar
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