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Myanmar

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Myanmar’s 11,000-Carat Ruby: A Giant Gem with Multimillion-Dollar Potential
science15 days ago

Myanmar’s 11,000-Carat Ruby: A Giant Gem with Multimillion-Dollar Potential

A discovery in Mogok, Myanmar revealed an 11,000-carat (about 2.2 kg) ruby—the size of a car and among the country’s largest—lauded for its purplish-red color and high clarity. While no price was disclosed, officials say its superior color and overall quality could make it highly valuable, potentially surpassing the 21,450-carat ruby found nearby in 1996. Mogok rubies are among the world's most expensive, and the find comes as Myanmar remains under military-backed governance amid ongoing turmoil.

Colossal 11,000-carat ruby unearthed in war-torn Myanmar's Mogok
world-news15 days ago

Colossal 11,000-carat ruby unearthed in war-torn Myanmar's Mogok

Miners in war-torn Myanmar unearthed a five-pound, 11,000-carat ruby near Mogok, later shown in Naypyidaw and hailed by state media as the country’s second-largest ruby, prized for its color and transparency; the find underscores Myanmar’s pivotal role in global ruby production, but the gem trade has long drawn human-rights scrutiny for funding military rule and armed groups amid ongoing conflict.

Myanmar Uncovers 11,000-Carat Ruby, Among the Heaviest Yet Found in Its Gem Heartland
world18 days ago

Myanmar Uncovers 11,000-Carat Ruby, Among the Heaviest Yet Found in Its Gem Heartland

Miners in Myanmar unearthed an 11,000-carat ruby near Mogok, potentially the second-largest stone found in the country, prized for its purplish-red color and high quality; the find underscores Myanmar's pivotal role in global ruby production and highlights how the gemstone trade finances ongoing conflict and government power amid a volatile security landscape.

Colossal 11,000-Carat Ruby Unearthed Near Mogok, Spotlight on Myanmar's Gem Trade
world18 days ago

Colossal 11,000-Carat Ruby Unearthed Near Mogok, Spotlight on Myanmar's Gem Trade

Miners in Myanmar unearthed an 11,000-carat rough ruby near Mogok—the second-largest by weight found in the country—discovered mid-April after the New Year and praised for its purplish-red color and high quality; the stone, shown at Naypyitaw, underscores Myanmar's dominance in the global ruby trade and the sector's role in funding the military and ethnic armed groups amid ongoing conflict.

Myanmar taps house arrest for Suu Kyi as junta signals limited political concessions
world25 days ago

Myanmar taps house arrest for Suu Kyi as junta signals limited political concessions

Myanmar’s state media says detained former leader Aung San Suu Kyi will be moved to a designated residence under house arrest after years in detention, with her 33-year sentence reduced and partially commuted amid a wider amnesty. The UN welcomed the commutation, but Suu Kyi’s son questioned whether she is alive and asked for proof of life. The move underscores the junta’s ongoing grip amid a deadly civil war and international pressure for credible political dialogue.

Suu Kyi placed under house arrest as Myanmar junta asserts custody
world26 days ago

Suu Kyi placed under house arrest as Myanmar junta asserts custody

Myanmar's state media says ex-leader Aung San Suu Kyi has been moved to house arrest, with the remaining sentence to be served at a designated residence after more than five years in detention since the 2021 coup; the announcement, shown on state TV, has drawn skepticism from her son and little communication from lawyers and family, and could indicate the junta preparing further changes in her status.

energy1 month ago

Global Gas Prices Jump 100%+ as Myanmar Leads Surge, Hong Kong Hits $15.65/gal

A Visual Capitalist map tracks 128–170 countries’ gasoline costs from late February to mid-April 2026, showing dramatic global spikes driven by the Iran conflict and Southeast Asia’s import dependence. Myanmar leads with a 101% jump, the U.S. is up about 35%, and prices range from $0.09/gal in Libya to $15.65/gal in Hong Kong, reflecting subsidies, taxes, and regional supply dynamics. The surge also risks cascading into higher fertilizer and food costs, while in the U.S. monthly gas bills vary widely by state due to driving distance (Wyoming ~$279 vs. New York ~$132).

Myanmar grants sweeping amnesty, frees ex-president and trims Suu Kyi's sentence
world1 month ago

Myanmar grants sweeping amnesty, frees ex-president and trims Suu Kyi's sentence

Myanmar's coup-era leader Min Aung Hlaing announced amnesty for 4,335 prisoners, including former president Win Myint, with death sentences commuted to life and other sentences reduced; Aung San Suu Kyi's 27-year sentence was cut by about one-sixth, though her exact status under house arrest remains unclear. The move also frees 179 foreign nationals who will be deported, but rights groups say thousands remain jailed on political charges and the country still faces significant rights concerns.