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Myanmar holds first phase of its first elections since military takeover #Myanmar #holds #phase #elections #military #takeover
Final results will not be known until two additional rounds of voting later in January. It is widely expected that Min Aung Hlaing, the general who has ruled the country with an iron fist since the military seized power in 2021, will next assume the presidency.
The military government has presented the vote as a return to electoral democracy, but its quest for legitimacy is marred by a ban on once-popular opposition parties and reports that soldiers used threats to force voters to participate.

While more than 4,800 candidates from 57 parties are competing for seats in national and regional legislatures, only six are competing nationally with the chance to gain political influence in Parliament.
The Union Solidarity and Development Party, well organized and financed, with the support of the army, is by far the most serious competitor.
Voting is taking place in three phases, with the first round on Sunday taking place in 102 of Myanmar’s 330 townships. The second phase will take place on January 11 and the third on January 25. Final results are expected to be announced by February.
Critics accuse the election of aiming to add a facade of legitimacy to military rule that began when the military overthrew the elected government of Aung San Suu Kyi in February 2021. This prevented her party, the National League for Democracy, from serving a second term despite a landslide victory in the 2020 election.

They believe the results will lack legitimacy due to the exclusion of the main parties, limits imposed on freedom of expression and a climate of repression.
The expected victory of the military-backed Union Solidarity and Development Party makes the nominal transition to civilian rule a pipe dream, opponents of military rule and independent analysts say.
“An election run by a junta that continues to bomb civilians, imprison political leaders and criminalize all forms of dissent is not an election – it is the theater of the absurd executed at gunpoint,” Tom Andrews, the UN-appointed human rights expert for Myanmar, posted on X.
But holding the elections could provide a pretext for neighbors like China, India and Thailand to maintain their support, saying elections promote stability.
Western countries have maintained their sanctions against Myanmar’s ruling generals over their anti-democratic actions and waging war against their opponents.

According to a tally taken at a polling station in Yangon after polling closed on Sunday, 524 of 1,431 registered voters – or just under 37% – had cast their ballots.
Of these, 311 voted for the pro-military Union Solidarity and Development Party, suggesting that opposition calls for a voter boycott may have been heeded.
Ms. Suu Kyi, the 80-year-old former leader of Myanmar, and her party are not participating in the elections.
She is serving a 27-year prison sentence for charges widely considered trumped up and politically motivated.
His party, the National League for Democracy, was disbanded in 2023 after refusing to register under new military rules.
Other parties have also refused to register or run under conditions they consider unfair, and opposition groups have called for a voter boycott.

Amael Vier, an analyst with the Asian Network for Free Elections, highlighted the lack of real choice, pointing out that 73% of voters in 2020 voted for parties that no longer exist.
Mobilizing the opposition is difficult under military repression.
According to the Assistance Association for Political Prisoners, more than 22,000 people are currently detained for political offenses, and more than 7,600 civilians have been killed by security forces since they took power in 2021.
Armed resistance emerged after the military used lethal force to crush nonviolent protests against its takeover in 2021. The ensuing civil war has displaced more than 3.6 million people, according to the UN.
A new election protection law imposes harsh penalties and restrictions on virtually any public criticism of elections.
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News & Knowledge / Facts
EAM S. Jaishankar to attend ex-Bangladesh PM Khaleda Zia’s fund in Dhaka tomorrow #EAM #Jaishankar #attend #exBangladesh #Khaleda #Zias #fund #Dhaka #tomorrow
“Foreign Minister Dr. S. Jaishankar will represent the Government and people of India at the funeral of Begum Khaleda Zia, former Prime Minister of Bangladesh and President of the Bangladesh Nationalist Party. He will therefore visit Dhaka on December 31, 2025,” the statement said.
Begum Khaleda Zia died today early morning at the age of 80, while undergoing treatment at Evercare Hospital in Dhaka.
According to a BNP statement on Facebook, Zia died around 6 a.m. (local time), shortly after the Fajr prayer. “Khaleda Zia died around 6 a.m., just after Fajr prayers,” the BNP statement said.
“We pray for the eternal peace of his soul and ask everyone to pray for his departed soul,” the text adds.
Zia was admitted to Evercare Hospital in the capital Dhaka on November 23 for a lung infection. The former prime minister has long suffered from various physical illnesses, including heart disease, diabetes, arthritis, liver cirrhosis and kidney complications, and earlier this month she was sent to London for advanced medical treatment for her illnesses.
Earlier, Prime Minister Narendra Modi expressed deep sadness over the demise of former Bangladesh Prime Minister and BNP Chairman, extending condolences to his family and the people of Bangladesh. In an article on
“Deeply saddened to learn of the death of former Prime Minister and BNP President Begum Khaleda Zia in Dhaka. Our deepest condolences to her family and all the people of Bangladesh. May the Almighty grant her family the fortitude to bear this tragic loss,” the Prime Minister said.
World leaders on Tuesday continued to express their condolences over the death of former Bangladesh Prime Minister and BNP chairwoman Begum Khaleda Zia, remembering her as a prominent democratic leader in her country.
Nepal’s Acting Prime Minister Sushila Karki said she was “deeply saddened” by the death of Khaleda Zia and offered condolences, on behalf of the government and people of Nepal, to her family and the people of Bangladesh.
“Begum Zia leaves behind a lifelong legacy of public service, with her enduring leadership marking a historic chapter in her country’s democratic journey,” Karki said in an article on
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News & Knowledge / Facts
Legacy of Leadership: Khaleda Zia’s Role in Bangladesh’s Democracy #Legacy #Leadership #Khaleda #Zias #Role #Bangladeshs #Democracy
Khaleda Zia, a dominant figure in Bangladesh’s political landscape, played a pivotal role in the restoration of democracy after military rule. As the country’s first female prime minister, she played a crucial role in unifying the Bangladesh Nationalist Party (BNP) during turbulent times.
Despite significant contributions, Zia’s tenure was marked by complex relations between India and Bangladesh. Allegations of support for Northeast insurgents strained ties, particularly during his second term, when alliances with Jamaat-e-Islami drew criticism from India on security grounds.
Zia’s legacy is highlighted by his leadership in the peaceful transition from dictatorship. However, his passing leaves the BNP at a crossroads, with his son Tarique Rahman set to lead the party amid ongoing electoral challenges.
(With input from agencies.)
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MARKETS EUROPE/DAX is up slightly at target level #MARKETS #EUROPEDAX #slightly #target #level
DJ MARKETS EUROPA/DAX is up slightly from the target level
DOW JONES–European stock markets are higher Tuesday afternoon. There is little news and most investors are no longer active as the start of the year approaches. We cannot exclude the so-called “window dressing” of individual stocks, i.e. the targeted maintenance of prices in the portfolios of institutional investors. On some exchanges, trading is shortened only on Tuesdays. Trading in Germany and Austria ends at 2 p.m. THIS. While today is the last trading day of the year on some exchanges, shortened listings will take place on Wednesday in Lisbon, London, Madrid and Paris.
The DAX gained 0.5 percent to 24,476 points; the index is up 22 percent since the start of the year. The DAX can look back on an excellent year overall. “A closer look, however, shows that only the first half of the year was excellent for the DAX. The second half of the year was more of a sideways trend,” explains QC Partners. The MDAX is once again lagging and is up 19 percent year to date. The TecDAX has a meager yield of 5 percent. This continues the pattern of German blue-chip companies performing better in their international operations than German mid-sized companies. Whether this will change with Germany’s billion-dollar investment program remains to be seen.
The Euro-Stoxx-50 rose by 0.6 percent to 5,789 points. The majority of the year’s best-performing countries come from the South, where European economic growth was based last year. The Spanish stock market rose by 48 percent, while in Athens the index even rose by 50 percent.
On the foreign exchange market, the euro changes little, at $1.1769; During the year, the greenback lost a lot of value. This is unlikely to make it easier for European companies to sell more expensive products around the world due to the strength of the euro next year. Yields on the bond markets are up slightly. After the liquidation of the day before, precious metals are recovering. The price of gold rose 1.2 percent to $4,385, silver rose 3.8 percent to $74.90. Not surprisingly, European mining stocks were one of the day’s winners, rising 1.6 percent. Shares of silver producer Fresnillo rose 5.5 percent.
The geopolitical situation remains tense. US President Donald Trump has threatened Iran with a military strike if the country resumes its nuclear program. Meanwhile, Hamas was threatened with serious consequences if the terrorist organization did not lay down its arms. Finally, China is organizing one of the largest military exercises in recent years off the coast of Taiwan. This is likely a reaction to the recent announcement of US arms deliveries to the island nation.
Additionally, the United States recently carried out an attack on a port area in Venezuela where US President Trump said drugs were being loaded onto boats and smuggled across international waters, saying a “big explosion” had occurred. Oil prices are barely reacting to this news. Brent is up 0.4 percent.
Defense stocks are recovering after the selling pressures of the day before. There is still no sign of progress in peace or ceasefire negotiations in Ukraine. Rheinmetall gained 2.1 percent, Renk 2.5 percent and Hensoldt 0.9 percent.
Meanwhile, bank stocks continue to run. The sector can look forward to a good year in 2025 thanks to the rise in yields on the bond markets. Deutsche Bank gains 1.5 percent and Commerzbank 2.0 percent.
Chipmaker Infineon’s sales growth (+1.8%) is down, with only one sector seeing strong growth: semiconductors to power AI data centers. “We are seeing a strong increase in demand and many indicators suggest that this will continue in the coming years,” CEO Jochen Hanebeck told Handelsblatt. “We currently cannot deliver as much as customers order.”
=== INDEX zuletzt +/- % absolut +/- % YTD Euro-Stoxx-50 5.788,57 +0,6% 36,86 +17,4% Stoxx-50 4.918,84 +0,5% 25,52 +13,6% DAX 24.476,16 +0,5% 125,04 +22,3% MDAX 30.548,50 +0,3% 95,97 +18,4% TecDAX 3.613,61 +0,4% 13,79 +5,0% SDAX 17.094,60 +0,5% 78,05 +22,6% CAC 8.141,91 +0,4% 29,89 +9,8% SMI 13.259,65 +0,1% 19,06 +14,2% ATX 5.304,29 +1,1% 56,33 +43,2% DEVISEN zuletzt +/- % 0:00 Mo, 18:00 % YTD EUR/USD 1,1769 +0,0% 1,1767 1,1756 +13,7% EUR/JPY 183,56 -0,1% 183,67 183,59 +13,1% EUR/CHF 0,9286 -0,1% 0,9291 0,9287 -1,0% EUR/GBP 0,8715 -0,0% 0,8716 0,8712 +5,4% USD/JPY 155,94 -0,1% 156,03 156,12 -0,5% GBP/USD 1,3505 +0,0% 1,3502 1,3494 +7,9% USD/CNY 7,0292 -0,0% 7,0312 7,0324 -2,3% USD/CNH 6,9881 -0,2% 6,9987 7,0001 -4,5% AUS/USD 0,6701 +0,1% 0,6693 0,6690 +8,4% Bitcoin/USD 87.770,40 +0,6% 87.232,35 87.544,55 -7,3% ROHÖL zuletzt VT-Settlem. +/- % +/- USD % YTD WTI/Nymex 58,29 58,08 +0,4% 0,21 -20,9% Brent/ICE 62,12 61,94 +0,3% 0,18 -19,4% METALLE zuletzt Vortag +/- % +/- USD % YTD Gold 4.384,52 4.330,40 +1,2% 54,12 +72,8% Silber 74,90 72,18 +3,8% 2,73 +173,6% Platin 1.854,76 1.791,70 +3,5% 63,06 +137,7% Kupfer 5,49 5,49 0% 0,00 +33,6% YTD bezogen auf Schlussstand des Vortags (Angaben ohne Gewähr) ===
Contact the author: maerkte.de@dowjones.com
DJG/thl/ros
(END) Dow Jones Newswires
December 30, 2025 7:01 a.m. ET (12:01 p.m. GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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