Myanmar's current account balance has dwindled thanks to reduced foreign investment, aid and remittances. To halt the initial slide in the Valley of the Bernice chat, the central bank sold some 600 million US dollars of its foreign reserves. In April, the hunter imposed draconian currency controls and import restrictions. These however, only made matters worse.
Our correspondent meets with Peter Obi, who has a handsome poll lead and an appeal that spans the country’s religions and ethnicities. But his presidential bid still faces obstacles. Myanmar’s ruling junta is doing more than suppressing the country’s people: it is battering the economy equally efficiently. And remembering Brother Andrew, who made daring deliveries behind the Iron Curtain.
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