<ul><li><keyword id="53143" type="PERSON" weightage="20" keywordseo="Aung-Sang-Suu-Kyi">Aung Sang Suu Kyi</keyword> was burdened by her reputation as a democracy icon, that she once was.</li><li>Amnesty International stripped her of the peace prize saying that it was ‘profoundly dismayed’ as she refused to speak up for displaced Rohingya Muslims.</li><li>A military coup was staged today and the army declared a state of emergency in Burma.</li><li>Suu Kyi, she finds herself detained yet again and may go back where she was for most of her life.</li></ul>In an interview a few years after Burma stepped out of a 40-year-old military rule, Aung Sang Suu Kyi declared that “she is no Margaret Thatcher nor is she Mother Teresa”. Clearly, she was burdened by the weight of expectations placed on her as the democracy icon, she proved herself not to be, later on. <div type="image" title="1280px-Remise_du_Prix_Sakharov_à_Aung_San_Suu_Kyi_Strasbourg_22_octobre_2013-04_edited" msid="80623433" hostid="261" caption="&amp;lt;p&amp;gt;Presentation of the Sakharov Prize to Aung San Suu Kyi by Martin Schultz at the European Parliament in Strasbourg on 22 October 2013&amp;lt;/p&amp;gt;"></div> While she was spending 15 of the 21 years in house arrest, the world had built an image of her - a mix of Nelson Mandela and Gandhi; and the Lady Diana-like good looks did not help either. There were stories flying around that she was so charming that the military government had to rotate the house guards most of whom would fall in love with her. Back then, who wasn’t? Years after she came out of the arrest, and became the leader of a newly-free country, she was yet to open her door to new ideas and new people. That was expected since most of the National League for Democracy (NLD) party she founded, had almost disbanded by the time she was free. Even billionaires like <a href="https://www.theguardian.com/world/2018/nov/23/aung-san-suu-kyi-fall-from-grace-myanmar">George Soros who had </a>generously donated towards her cause, found it hard to get a meeting with her. She was just as closed as she was, under arrest. <div type="image" title="Aung_San_Suu_Kyi_17_November_2011_edited" msid="80623472" hostid="261" caption="&amp;lt;p&amp;gt;Aung San Suu Kyi gives speech to supporters at Hlaing Thar Yar Township in Yangon, Myanmar on 17 November 2011&amp;lt;/p&amp;gt;"></div> Nothing changed under Suu Kyi regime The government became heavily ‘personality driven’, Mark Farmaner, head of Burma Campaign UK told The Guardian. No decisions were made, no policies were made and the country remained just as it always was - with a different government. Administration issues aside, Suu Kyi angered many people as she did not take basic decisions like releasing other political prisoners such as herself. The 73 year old has also named no potential successors. She is known to <a href="https://www.theguardian.com/world/2018/nov/23/aung-san-suu-kyi-fall-from-grace-myanmar">micro-manage every decision</a> and insisted on keeping a number of portfolios with herself including education and the prime minister’s office. It did not help that the <a href="https://www.bbc.com/news/world-asia-42824778">military itself had parliamentary representation </a>and controlled home affairs and defence and hence the police. In spite of these, Suu Kyi did not do what was expected - to speak against the violence on Rohingya Muslims. In a rumoured ethnic cleansing led by the still powerful military, as many as 700,000 Muslims along the Bangladesh border, were forced to leave their homes and seek refuge in camps. Even if she did not have the power to stop it, she was at least expected to criticize the actions. But she did not. <div type="image" title="768px-AUNG_SAN_SUU_KYI_P6060070_03_edited" msid="80623482" hostid="261" caption="&amp;lt;p&amp;gt;Aung San Suu Kyi at the World Economic Forum in Naypyidaw, Myanmar on 6 June 2013&amp;lt;/p&amp;gt;"></div> The Marie Antoinette moment The Nobel-prize winner had once loftily proclaimed Burma as a country of many ethnicities and aims to create a world free of ‘homeless and hopeless’. In a stark contrast, it looked like she condoned the violence, by dodging journalists, missing international meetings with simmering leaders who wanted to question her. When she was forced to respond, she downplayed the atrocities. That was not all. She also had her Marie Antoinette moment as she described the generals who were accused of violence, as “sweet”. It came as no surprise that Amnesty International stripped her of the peace prize saying that it was ‘profoundly dismayed’. The Nobel peace prize will remain with her mostly because it cannot be taken back. “The winners are expected to protect their reputations,” the authorities said. Clearly, Suu Kyi hasn’t fought for her reputation along with her people, who had hoped for better days. Now, there is <a href="https://economictimes.indiatimes.com/news/international/world-news/myanmar-leader-aung-san-suu-kyi-detained-says-ruling-party-spokesman/articleshow/80621044.cms">another military coup in Burma</a>, with the army spokesperson proclaiming possible election fraud and declaring a state of emergency for one year. The phone lines are stuck, internet is down and the state television went off air closing off the country to the world yet again. A military coup can only worsen the democratic values of a nation which was already ranked at a dismal 122 out of 167 by an <a href="https://www.rcinet.ca/en/2020/01/27/2020-world-democracy-index-worrisome-decline/">intelligence unit of </a>Economist and defined as a ‘hybrid’ regime due the power military wields. As for Suu Kyi, she finds herself detained yet again and may go back where she was for most of her life. This time, however, the world might not protest as vehemently as it once did, after she refused to speak up for others. SEE ALSO: <a href="https://www.businessinsider.in/international/news/myanmars-aung-san-suu-kyi-detained-in-early-morning-raid/articleshow/80621102.cms">Myanmar's Aung San Suu Kyi detained in early-morning raid</a> <a href="https://www.businessinsider.in/stock-market/news/a-quick-look-at-how-sensex-performed-historically-for-a-month-post-the-budget-announcement/slidelist/80612177.cms">A quick look at how Sensex performed historically for a month post the budget announcement</a>

The Aung Sang Suu Kyi facing a coup today is not the Nobel prize winning peace icon she once was

<ul><li><keyword id="62034" type="CITY" weightage="20" keywordseo="Punjab-National-Bank">Punjab National Bank</keyword> is shutting down non-EMV ATMs starting today, February 1.</li><li>EMV ATMs are those which hang on your card during a transaction, unlike others which allow customers to swipe and transact.</li><li>EMV chip enabled transactions are said to be more secure than regular magnetic cards since it’s nearly impossible to clone.</li></ul>In an endeavour to make financial transactions more secure while also playing catch up, Punjab National Bank (<keyword id="47268" type="ORGANIZATION" weightage="20" keywordseo="PNB">PNB</keyword>) is shutting down its non-EMV ATMs starting today. This applies for financial and non-financial transactions such as checking your balance or even changing your PIN. <div type="twitter" handle="pnbindia" handlename="Punjab National Bank" image="http://pbs.twimg.com/profile_images/1281473044225986560/y9wgTHfm_normal.jpg" favoritecount="238" retweetcount="48" status="To protect our esteemed customers from fraudulent ATM activities, PNB will be restricting transactions(financial &amp;… https://t.co/zRq9IsyriY" createdat="1610631000000" id="1349710359570092038"></div> Old school ATMs only required individuals to swipe and the machine would read the magnetic strip. With chip-enabled ATM cards, the machine holds the card while a transaction is conducted. With non-EMV PNB ATMs being shut down, it means that those machines which do not hang onto your while you make a transaction will no longer be functional starting February 1. The number of such ATMs being shut down is not known. Latest in a slew of updates for PNB In December, PNB announced that it would no longer allow customers to withdraw more than ₹10,000 from ATMs round the clock. Larger transactions would only be possible between 8:00 am to 8:00 pm. Furthermore, any transaction of more than ₹10,000 would require an one-time-password (OTP) that will be sent to the customer’s registered mobile phone number. What is EMV? EMV, an acronym for the three companies which created the security standard — Europay, Mastercard and Visa — is a technical quality level for smart payments cards. EMV cards are also called smart cards, chip cards, or integrated circuit cards. EMV chip card transitions are considered to be more secure than regular magnetic card transactions. It negates the possibility of criminal hackers cloning a customer’s card because while the magnetic strip can be copied, bad actors are yet to find a way to duplicate a chip. EMV cards generate new data every time a fresh transaction is made, which makes it nearly impossible for fraudsters to copy the original data from your card. EMV cards also generate a unique encrypted code called a token or a cryptogram for every transaction. In India, EMV cards were introduced in May 2015 by the Reserve Bank of India (RBI). The apex banking institution asked all banks to gradually phase out magnetic cards and move to EMV chip cards with a deadline of 31 December 2018. SEE ALSO: <a href="https://www.businessinsider.in/thelife/personalities/news/the-aung-sang-suu-kyi-facing-a-coup-today-is-not-the-nobel-prize-winning-peace-icon-she-once-was/articleshow/80623338.cms">The Aung Sang Suu Kyi facing a coup today is not the Nobel prize winning peace icon she once was</a> <a href="https://www.businessinsider.in/finance/banks/news/bank-holidays-in-february-2021/slidelist/80622248.cms">Bank holidays in February 2021</a>

Punjab National Bank is shutting down ATMs that don’t scan card chips starting today

<ul class="summary-list"><li>Over 500 people have died in <keyword id="6356970" type="LOCATION" weightage="60" keywordseo="myanmar">Myanmar</keyword>, as civilians rebel against the rule of the military junta.</li><li>The violence hit a crescendo last Saturday when the junta killed more than 100 people on Myanmar's Armed Forces Day. </li><li>Some experts say there is little that the <keyword id="6356001" type="UNKNOWN" weightage="60" keywordseo="international">international</keyword> community can - or will - do to intervene.</li></ul>Early on February 1, the leaders of Myanmar's National League for Democracy - the country's pro-democracy party - were taken into custody during a military raid and placed under house arrest. Later that morning, the people of Myanmar woke up to a new but sadly familiar world: imposing tanks rolled down the promenade, police forces roamed the street, and a military junta once again reigned with an iron fist.Myanmar's military - known as the Tatmadaw - had taken over, claiming the country's November election had been rigged in favor of the NLD, despite there being no evidence to support their claims. The junta almost immediately restricted media and internet access and installed repressive curfews. The country <a href="https://www.cfr.org/backgrounder/myanmar-history-coup-military-rule-ethnic-conflict-rohingya">spent more than 50 years under military rule</a> before transferring to a civilian government in 2011. Now, Burmese citizens saw a frightening repetition of the past. But the people of Myanmar took to the streets to fight back.Since then, more than 500 civilians have died during <keyword id="6354896" type="UNKNOWN" weightage="60" keywordseo="protests">protests</keyword> in opposition to Tatmadaw rule. <h2>If we burn, you burn with us: Myanmar protesters </h2>The junta swept to power on February 1, plunging Myanmar into political turmoil. Within days, Burmese began taking to the streets to peacefully protest against the coup. Many adopted <a href="https://www.businessinsider.com/myanmar-protesters-adopt-three-finger-salute-the-hunger-games-coup-2021-2">the three-finger salute</a> from "The Hunger Games," a symbol of opposition to tyrannical rule.Burmese anti-junta protesters engaged in peaceful civil disobedience, rather than violence, but were met with brutal force from members of the military and police forces, known in Myanmar as the Tatmadaw.The violence came in waves over the next two months, reaching a peak this past weekend when clashes between the protesters and the country's security forces left 114 people dead. Several children and teenagers were shot dead by soldiers, and scores were injured when the police <a href="https://www.insider.com/myanmar-police-open-fire-on-mourners-at-student-protesters-funeral-2021-3">opened fire on mourners at </a>a student protester's funeral on Saturday.<div type="image" title="A Myanmar protester makes the three finger salute during a demonstration against military coup in Yangon, Myanmar on February 7, 2021. (Photo by Myat Thu Kyaw/NurPhoto via Getty Images)" height="3124" width="4166" msid="81819378" hostid="261"></div>While the killings continued across the country and security forces doubled down on efforts to suppress the protests, junta chief Min Aung Hlaing <a href="https://www.insider.com/myanmar-geenral-threw-dinner-party-day-after-soldiers-kill-100-2021-3">feasted at a lavish dinner party</a> to celebrate the country's Armed Forces Day, attended by representatives from Russia, China, India, Pakistan, Bangladesh, Vietnam, Laos, and Thailand."There's a suspicion that Myanmar's military wanted to make a particularly emphatic show of force on their special day. In the run-up to the day, protesters across the country had been holding mock funerals for the commander in chief Min Aung Hlaing, making it a particularly charged moment," Dr. Elliot Prasse-Freeman, assistant professor at the Department of Sociology at the National University of Singapore, told Insider. Prasse-Freeman said the military seems to be "pursuing a strategy of intensifying - both gradually and in fits and starts - the brutality and inhumanity it is willing to bestow on the people." "This is a terrorist mentality, in which actions directed at individuals are meant to intimidate - to terrorize - the rest of the population," he added.The <keyword id="6355784" type="UNKNOWN" weightage="60" keywordseo="death">death</keyword> toll in Myanmar has since exceeded 500. Despite the staggering body count, the protesters carry on. "We salute our heroes who sacrificed lives," one of Myanmar's key protest groups, the General Strike Committee of Nationalities, wrote on Facebook. "We must win this revolution!"In the latest move to combat military violence, protesters this week launched a new civil disobedience action: <a href="https://www.insider.com/myanmar-people-use-trash-protest-death-toll-climbs-past-500-2021-3">throwing garbage in the street</a> to block intersections. <h2>Words ring hollow: a tepid international response</h2>Ten days after the coup began, the US announced it would be <a href="https://www.businessinsider.com/biden-announces-sanctions-targeting-myanmar-military-leaders-2021-2">sanctioning specific </a>military members but failed to offer a broader appeal. It called on the Tatmadaw to release National League for Democracy leaders, including Aung Sang Suu Kyi and President Win Myint.On Monday, the US took a further step, <a href="https://www.nytimes.com/2021/03/29/us/myanmar-us-trade-suspended.html">announcing it would be suspending all trade ties with Myanmar</a>.Then, on Wednesday, the US also ordered all "non-emergency" personnel to depart its Myanmar embassy. The US's trade suspension is seen as largely symbolic given the trade volume between the two countries. According to <a href="https://www.nytimes.com/2021/03/29/us/myanmar-us-trade-suspended.html">The New York Times,</a> the two countries exchanged around $1.4 billion last year. The US is likely hoping the move will domino into other countries issuing similar suspensions.However, Prasse-Freeman suggests that US sanctions might not have as big an effect as intended. "Singapore, Hong Kong, China, and Thailand are the biggest investors in Myanmar, and the military is insulated from most effects of US sanctions because its investments in natural resource extraction tend to not be the major component of US investment," he said. <div type="image" title="myanmar protests" height="4000" width="5333" msid="81819390" hostid="261"></div>"The most powerful economic actions, rather, seem to be the ongoing effects of the sustained general strike on the financial and logistical operations in the country, and the targeted boycott of military companies as well as the local businesses and shops run by families linked to the military," he added.Tan See Seng, professor of international relations at the S. Rajaratnam School of International Studies in Singapore, highlighted the essential role of the Association of Southeast Asian Nations (ASEAN) in addressing the developing situation in Myanmar. In the past, ASEAN "was able to step into the breach and play a constructive mediating and facilitating role," Tan said. "A key part leading to any resolution is initiating talks with the Tatmadaw and the coup leaders, and ASEAN could certainly play a part in that," he added. On the human rights front, Kingsley Abbott, senior legal adviser at the International Commission of Jurists, recommends that at the international level, the United Nations Security Council and other UN bodies should pursue all appropriate actions: including a referral to the International Criminal Court, targeted sanctions against those implicated in violations and a global arms embargo.Abbot suggests one of the ways to prompt action is to prey upon the self-interest of surrounding nations. "More immediately, key actors including ASEAN, China, and India have to recognize the situation impacts stability across the region and could get considerably worse if they fail to take meaningful action. These states need to alter course and at a minimum persuade the military to step back and stop the killings, arbitrary detentions, and other violations," Abbott told Insider.Gregory Poling, a senior fellow for Southeast Asia at the Center for Strategic and International Studies, told Insider that the escalating violence was likely due to Min and other generals feeling "frustrated" by the protests' staying power. <div type="image" title="Myanmar" height="1333" width="1777" msid="81819396" hostid="261"></div>"The space for compromise now seems all be vanished, and the military shows no signs of looking for an off-ramp, so violence is expected to continue escalating for the foreseeable future, including with the increasing role of ethnic armed organizations," Poling said. "We will continue to see tightening economic sanctions and trade restrictions from the US and other states. They will continue to try and target those at military-owned companies and individuals, but that net has now become so wide that it will be impossible to prevent it from affecting the wider economy," he continued.The international community will have to weigh the value of "pulling every lever in the unlikely hope of convincing the military to back down" - even those which may harm average Burmese citizens, Poling said. He added that the international community has remarkably little leverage with the Tatmadaw. However, diplomatic and financial support provided to the pro-democracy movement, combined with the use of targeted sanctions to convince factions within the military to push for de-escalation, could have an impact. "But that too seems extremely unlikely to work. This crisis will likely worsen, last for years, and be decided on the streets of Myanmar, not by the international community," Poling added.

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The Aung Sang Suu Kyi facing a coup today is not the Nobel prize winning peace icon she once was

Katya Naidu

Punjab National Bank is shutting down ATMs that don’t scan card chips starting today

Prabhjote Gill

In 2 months, Myanmar's military has killed more than 500 people. The international community has done little to help.

Cheryl Teh