Myanmar coup; Australia floods; North American railway merger
In today's episode, we will revisit the situation in coup-hit Myanmar, which saw its bloodiest violence in weeks of protest over the weekend. We will then discuss Australia’s evacuation plan as the country faces its worst deluge in over six decades and we will finally look into a $25 billion dollar deal that would connect USA, Mexico and Canada in a single railway network.
Today on The Leaders' Brief -
- At least two more persons were shot dead by security forces in Myanmar over the weekend in Monywa and Mandalay. Several other protestors were wounded as the country’s military opened fire. The death toll due to the ongoing conflict, according to the activist group - the Assistance Association for Political Prisoners, has crossed 250. The military, which saw a massive decline in support after elections last November, has labeled the elections fraudulent and vowed to restore democracy in a free and fair manner. However, major world powers and a majority of the country’ citizens continue to disbelieve the Tatmadaw’s version and the country has been slapped with sanctions.
- Australia is facing a new challenge in the form of floods, the intensity of which is the highest in over 60 years. Till last Monday, Canberra had evacuated over 20,000 people from low-lying areas in New South Wales, as rains continue to wreak havoc. The timing of the natural disaster is a major setback for the Australian government that after a long delay started its COVID vaccination programme this week.
- A $25 billion cash-and-stock deal between Canadian Pacific Railway Ltd. and Kansas City Southern, will create the first railway spanning the United States of America, Mexico and Canada. Among major investors for the deal, the Bank of Montreal and Goldman Sachs Group have committed to an $8.6 billion bridge loan. Canadian Pacific has presently offered $275-per-share for Kansas City Southern. The merger would now need the approval of the U.S. Surface Transportation Board (STB).
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egomonk is a global intelligence platform delivering asymmetric outcomes by bringing organizations closer to the communities they want to serve and the leaders they wish to influence. If you wish to collaborate with us then email us at [email protected].