‘This poor, miserable life’: new Myanmar clashes turn town to rubble

Kyaukme resident Kyaw Paing told AFP his home was damaged by a huge blast after he saw a military plane fly overhead. (AFP)
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Updated 09 July 2024
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‘This poor, miserable life’: new Myanmar clashes turn town to rubble

  • Kyaukme resident Kyaw Paing told AFP his home was damaged by a huge blast after he saw a military plane fly overhead

KYAUKME: Residents of Kyaukme in northern Myanmar are counting their dead and picking through rubble following fresh fighting that shredded a Beijing-brokered ceasefire between the junta and an alliance of armed ethnic groups.
Last week fighters from the Ta’ang National Liberation Army (TNLA) took control of the town of 30,000 — on the main trade route to China — in the latest setback for the military as it battles opponents across the country.
But air and artillery strikes, as well as rocket attacks, have gutted parts of the northern Shan State town, leaving buildings without roofs or windows, and residents desperate to flee.
Burned-out cars stood in front of one shattered four-story building, its corrugated roofing strewn about the streets.
TNLA soldiers in combat fatigues stood guard outside the police station, while others carried out patrols and checked vehicles.
Kyaukme resident Kyaw Paing told AFP his home was damaged by a huge blast after he saw a military plane fly overhead.
“Pieces of body — head, hands and legs — were scattered on my roof when the bomb hit some houses nearby,” he said.
“Seven people were killed here, and there was huge damage.
“I don’t want to live this poor, miserable life in the war... I feel so sad.”
Myanmar’s borderlands are home to myriad armed ethnic groups who have battled the military since independence from Britain in 1948 for autonomy and control of lucrative resources.
Some have given shelter and training to opponents of the military’s 2021 coup that ousted the government of Aung San Suu Kyi and plunged the country into turmoil.
In January, China brokered a ceasefire between the military and the “Three Brotherhood Alliance,” made up of the Arakan Army (AA), the Myanmar National Democratic Alliance Army (MNDAA), and the TNLA.
The truce ended an offensive launched last October by the alliance that seized a swath of territory in Shan state — including lucrative trade crossings to China — dealing the biggest blow to the junta since it seized power.
Other towns along the highway that runs from China’s Yunnan province to Myanmar’s second city of Mandalay have also been rocked by the fighting.
On Thursday TNLA fighters attacked Lashio, around 85 kilometers (50 miles) from Kyaukme, and home to the military’s northeastern command.
One Lashio resident who did not want to be named told AFP she heard artillery firing and airstrikes on Monday morning, but that the town had since been quiet, with some shops open.
A worker at Lashio’s bus station said there were long lines of vehicles queuing to leave, but traffic was slow because of damage to the road outside the town.
Local rescue workers say dozens of civilians have been killed in the latest clashes.
AFP was unable to reach a junta spokesman for comment, but the military has said some civilians were killed in shelling by the alliance.

Amid the new fighting, top general Soe Win traveled to China to discuss security cooperation in the border regions, according to the state-run Global New Light of Myanmar.
China is a major ally and arms supplier to the junta, but analysts say Beijing also maintains ties with Myanmar’s armed ethnic groups holding territory near its border.
Ties between the junta and Beijing frayed in 2023 over the junta’s failure to crack down on online scam compounds in Myanmar’s borderlands targeting Chinese citizens.
Analysts suggest Beijing gave tacit approval to the October “Three Brotherhood” offensive, which the alliance said was launched partly to root out the scam compounds.
The threat of further military air strikes had caused many residents of Kyaukme to try to flee, although fuel is scarce and food prices are soaring.
“We don’t have extra money,” said Naung Naung, another resident.
“We have faced many difficulties — not only our family, but the whole town.
“All residents are very worried about how long this war will go on.”


Trump calls for one year cap on credit card interest rates at 10 percent

Updated 6 sec ago
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Trump calls for one year cap on credit card interest rates at 10 percent

  • Trump says Americans have been ‘ripped off’ by credit card companies
  • Lawmakers from both parties have raised concerns about rates

WASHINGTON: US President Donald Trump said on Friday he was ​calling for a one-year cap on credit card interest rates at 10 percent starting on January 20 but he did not provide details on how his plan will come to fruition or how he planned to make companies comply.
Trump also made the pledge during the campaign for the 2024 election that he won but analysts dismissed it at the time saying that such a step required congressional approval.
Lawmakers from both the Democratic and Republican Parties have raised concerns about high rates and have called for those to be addressed. Republicans currently hold a narrow majority in both the Senate ‌and the House ‌of Representatives.
There have been some legislative efforts in Congress ‌to pursue ⁠such ​a proposal ‌but they are yet to become law and in his post Trump did not offer explicit support to any specific bill.
Opposition lawmakers have criticized Trump, a Republican, for not having delivered on his campaign pledge.
“Effective January 20, 2026, I, as President of the United States, am calling for a one year cap on Credit Card Interest Rates of 10 percent,” Trump wrote on Truth Social, without providing more details.
“Please be informed that we will no longer let the American Public be ‘ripped off’ by Credit Card Companies,” Trump added.
The ⁠White House did not immediately respond to a request for comment on details of the call from Trump, but said on ‌social media without elaborating that the president was capping the rates.
Some ‍major US banks and credit card issuers ‍like American Express, Capital One Financial Corp, JPMorgan , Citigroup and Bank of America did not immediately respond ‍to a request for comment.
US Senator Bernie Sanders, a fierce Trump critic, and Senator Josh Hawley, who belongs to Trump’s Republican Party, have previously introduced bipartisan legislation aimed at capping credit card interest rates at 10 percent for five years. This bill explicitly directs credit card companies to limit rates ​as part of broader consumer relief legislation.
Democratic US Representative Alexandria Ocasio-Cortez and Republican Congresswoman Anna Paulina Luna have also introduced a House of Representatives bill to cap credit card ⁠interest rates at 10 percent, reflecting cross-aisle interest in addressing high rates.
Billionaire fund manager Bill Ackman, who endorsed Trump in the last elections, said the US president’s call was a “mistake.”
“This is a mistake,” Ackman wrote on X.
“Without being able to charge rates adequate enough to cover losses and earn an adequate return on equity, credit card lenders will cancel cards for millions of consumers who will have to turn to loan sharks for credit at rates higher than and on terms inferior to what they previously paid.”
Last year, the Trump administration moved to scrap a credit card late fee rule from the era of former President Joe Biden.
The Trump administration had asked a federal court to throw out a regulation capping credit card late fees at $8, saying it agreed with business and banking groups that alleged the rule was ‌illegal. A federal judge subsequently threw out the rule.