‘The Philadelphia economy was not built on the sale of championship T-shirts’

‘The Philadelphia economy was not built on the sale of championship T-shirts’

When it will come to sports, the very last few months have been pretty superior to the town of Philadelphia. 

Initially, there was the Philadelphia Philles’ inconceivable run to the Globe Series, and now, the Philadelphia Eagles are headed to the Tremendous Bowl with a likelihood to seize their second world championship in just 5 years’ time. 

Pleasure has reached a fever pitch stage, and it is effortless to see why. All of that pleasure has to be good for the economy, right? Very well, not particularly. 

“It’s a terrific ride, and we all must appreciate the trip. But really do not think Philadelphia is going to get prosperous from this. I do not want to burst everyone’s bubble, but the financial effect of this all is up coming to absolutely nothing,” mentioned Michael Leeds, a professor of economics at Temple University. “There have been two soccer playoff video games and practically all of the men and women attending these online games have been local. Most of them push in on I-95 or the Schuylkill Expressway so incredibly minimal cash is in fact invested in Philadelphia.” 

“And then with the Tremendous Bowl, individuals will be leaving town for this mega party, so in conditions of the football affect, it is nominal and scarcely detectable. With baseball, there was a bit a lot more of an financial raise, but absolutely not a enormous sum,” Leeds continued. 

Leeds’ experience is in the region of sporting activities economics, labor economics and utilized microeconomics. His analysis has appeared in such journals as The Journal of Urban Economics, Economic Inquiry, Social Science Quarterly and The Journal of Sports activities Economics.  He is also coauthor of The Economics of Sports and coeditor of the Handbook on the Economics of Women of all ages in Sports activities.   

‘The Philadelphia economy was not built on the sale of championship T-shirts’Temple Now recently caught up with Leeds to discuss just how Philly’s new expert sports activities achievement has impacted the nearby financial state. 

Temple Now: The Eagles are now headed to the Tremendous Bowl, just a number of months after the Phillies appeared in the Planet Series. Does just one sporting celebration have a great financial influence around the other? 

Leeds: With the Super Bowl, men and women will essentially be leaving city for this mega occasion, so in phrases of the soccer effect, it is small and barely detectable. With baseball, there was a little bit extra of an economic lift, but definitely not a big sum. These just are not gatherings that genuinely go the needle on the Philadelphia economy to any appreciable extent. 

TN: For a whole lot of audience, that might be shocking for the reason that I feel our intuition is to believe these occasions do considerably profit the financial system. Why do you consider that is? 

Leeds: Really frankly, sports activities groups and athletics leagues want us to assume this. They want us to believe that this is likely to be a money boom for the town mainly because then we will be willing to pay out for it. 

Athletics can take up a terrific deal much more of our feelings and our psyche than a lot more fiscally meaningful areas of our life. And that is high-quality, and I have no dilemma with that. I like that. But you do not see five to 10 minutes each night time on the nightly information devoted to the healthcare marketplace in Philadelphia. But health care, market by any measure, dwarfs sporting activities in its relevance to the Philadelphia overall economy. But we want to hear about soccer and we want to hear about basketball and about hockey. We don’t want to listen to about the influence of Children’s Healthcare facility on the financial system or nearly anything like that. That’s just not what we’re interested in.  

TN: It is presumed that Philadelphia’s sports achievements is going to direct to additional persons patronizing the hospitality sector by going to athletics bars and restaurants. Group products is also probable to be bought. How does that affect the economic system? 

Leeds: That is one thing that will have an impression as extensive as it is paying that would not have taken location anyplace else. So if you were presently organizing on heading to evening meal or to a film or to a live performance but then went to a sporting activities bar instead, you are basically getting cash from a person pocket and placing it into the other. 

But certainly, if you splurged and bought an Eagles sweatshirt or an NFC champions T-shirt or something like that, that is at minimum dollars that stays in the town. Now, not all of it stays in the metropolis mainly because they may possibly have gotten the shirt somewhere else, but that’s in which you genuinely see the financial affect. That said, the Philadelphia economic climate was not created on the sale of championship T-shirts. 

TN: From an financial effect standpoint, how must we look at Philly’s latest sporting activities achievements? 

Leeds: I often liken this variety of matter to a child’s birthday. You know that we want to celebrate this, and we want to be joyful about this. This is kind of our gift to ourselves. And we should take this for what it is, which is a chance to be delighted and a probability to take pleasure in a little something unique in the course of the chilly months of the calendar year. This is nonetheless very superior for us. It is just not heading to lead to an considerable financial improve or certainly not a long-lasting increase. 

Tech stocks soar after Fed’s latest rate hike

Tech stocks soar after Fed’s latest rate hike

Tech shares rallied Wednesday pursuing the Federal Reserve’s most recent desire price improve right after Fed Chair Jerome Powell suggested indications of “disinflation” are developing in the financial state.

When the closing bell rang on Wall Avenue, the engineering-large Nasdaq Composite (^IXIC) was bigger by 2{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, primary the cost increased for markets adhering to Powell’s comments.

The S&P 500 (^GSPC) closer better by 1{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, even though the Dow Jones Industrial Regular (^DJI) rose .03{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, or just 8 factors. The Dow was weighed down by energy shares, which remained underneath stress Wednesday as the cost of WTI crude oil fell 3{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} to all around $76.50 for each barrel.

On Wednesday afternoon, the Federal Reserve declared its most current desire price boost, a transfer that introduced the Fed’s benchmark plan rate to the best stage considering the fact that Oct 2007. The Fed’s move represented its smallest improve in almost a 12 months.

In its assertion, the Fed mentioned inflation pressures are moderating but reported inflation “remains elevated” as selling price pressures demonstrate persistent throughout the overall economy. But in his press meeting, Powell stated that “for the very first time,” the Fed could say the “disinflationary system has started out.”

Investors took Powell’s reviews as a sign the Fed could be nearer to pausing its current amount mountaineering marketing campaign. A pause in desire price boosts is seen by traders as a positive signal for riskier belongings like tech stocks, as thorough by Yahoo Finance’s Julie Hyman before this week.

Wednesday’s rally was punctuated by Peloton (PTON), which saw shares increase 26{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} following news out Wednesday morning the enterprise diminished its income melt away to $94 million in its hottest quarter, down from $747 million nine months back. On an altered basis, the enterprise described $8 million in absolutely free funds stream during the holiday break quarter.

“If you have been wanting to know irrespective of whether or not Peloton can make an epic comeback, this quarter’s final results exhibit the adjustments we’re making are doing the job,” CEO Barry McCarthy wrote in a letter to shareholders.

A pandemic darling, Peloton was joined by Cathie Wood’s flagship ARK Innovation ETF (ARKK), which rose 4{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} on Wednesday, in experiencing a Fed-induced bump.

These gains continued the marketplace motion that has predominated this yr, as stocks capped off a robust start out to the yr on Tuesday, with the S&P 500 logging its greatest January given that 2019 whilst the Nasdaq 100 enjoyed its strongest January rally since 2001, gaining more than 10{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}.

With earnings period in whole flight, nevertheless, the news wasn’t all superior on Wednesday, with a further disappointing quarter from Snap (SNAP) out Tuesday evening garnering the most trader awareness.

Shares of the social media company fell 10{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} immediately after the firm advised investors its interior forecasts suppose earnings in its present quarter will tumble in between 10{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} and 2{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} from a yr in the past.

Match Group (MTCH) and Digital Arts (EA) shares have been also down 5{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} and 9{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, respectively, on Wednesday soon after reporting disappointing quarters on Tuesday afternoon.

On the economic info facet, new facts on personal payroll development from ADP confirmed personal companies included 106,000 work opportunities past month, fewer than the 170,000 envisioned by economists.

In its report, ADP reported climate impacted its measurement of the labor marketplace, citing floods in California and snow storms in central and jap components of the region through the reference week.

“In January, we observed the effects of weather-associated disruptions on employment for the duration of our reference week. Using the services of was more powerful throughout other weeks of the thirty day period, in line with the power we noticed late very last calendar year,” reported ADP main economist Nela Richardson.

Knowledge on occupation openings for December out Wednesday suggested demand for staff continues to be sturdy, as 11 million positions were out there at the conclude of the month, up from 10.4 million at the end of November.

Somewhere else in economic information, readings on the manufacturing sector from S&P Global and the Institute for Offer Administration showed exercise remained frustrated in the initial thirty day period of 2023.

The ISM’s newest producing PMI reading fell to its least expensive degree because Could 2020, which economists see as an additional indication recession pressures continue on to make in the U.S. financial state.

Crafting in a notice to customers on Wednesday, Andrew Hunter, senior U.S. economist at Cash Economics, wrote that a much more thorough appeared at the ISM’s report indicates “domestic economic weakness is significantly the primary driver of the manufacturing sector’s woes and, overall, the ISM report reinforces our check out that the US economic climate is shut to recession.”

S&P Global’s studying showed production exercise deteriorated at a a little slower amount in January than December, but even now indicates “a worryingly steep level of decline in the health of the merchandise manufacturing sector,” in accordance to Chris Williamson, chief organization economist at S&P World wide Marketplace Intelligence.

Click on listed here for the most up-to-date inventory industry information and in-depth evaluation, including gatherings that shift stocks

Examine the newest economic and business enterprise news from Yahoo Finance

Down load the Yahoo Finance application for Apple or Android

Abide by Yahoo Finance on Twitter, Facebook, Instagram, Flipboard, LinkedIn, and YouTube

Electrify America, TravelCenters of America to install 1,000 chargers along U.S. highways

Electrify America, TravelCenters of America to install 1,000 chargers along U.S. highways

Highway journeys in electrical motor vehicles could shortly become far more feasible and easier to plan with Electrify America charging stations coming to vacation centers across the U.S.

Electrify The usa and TravelCenters of The united states thorough a new partnership Monday to set up 1,000 chargers at 200 TravelCenters destinations alongside big highways about the upcoming 5 several years. The organizations system to launch the first chargers this calendar year.

The partnership will incorporate Electrify The us charging stations to key journey corridors, aiming to simplicity consumers’ assortment panic on street outings, Rachel Moses, an Electrify The united states director, instructed Automotive Information.

The installation will even further broaden access to EV chargers alongside highways. Typical Motors, EVgo and Pilot Traveling J in July created a identical arrangement, with designs to install 2,000 chargers at 500 Pilot Flying J travel facilities.

The speed of installation and the destinations of the chargers will count on grant cash and utilization by location, TravelCenters of The us spokesperson Tina Arundel informed Automotive Information. TravelCenters now has a handful of charging web sites with Tesla, FreeWire and ChargePoint, she said.

The vacation facilities have the space needed to build EV charging infrastructure, Arundel mentioned. TravelCenters of America operates 281 spots in 44 states. These web-sites contain diesel and gasoline fueling, truck routine maintenance and fix, whole-support and quick-company eating places, travel stores, auto and truck parking.

Electrify America plans to have and run 1,800 charging stations by 2026. The web-sites maintained by Electrify The usa and owned by TravelCenters of The united states are in addition to that tally, Moses reported.

Because TravelCenters of America’s community lines high-targeted visitors highway corridors, “it truly pushes the needle of [EV] adoption for the reason that it’s in areas in which not only motorists of right now are equipped to get the best customer amenities, but it also can help people that are looking at switching to an EV tomorrow,” Moses mentioned.

Doing work with TravelCenters of The us also gives Electrify The usa further highway access that had been restricted, she mentioned.

TravelCenters of America will obtain Electrify America’s DC rapidly chargers, and Electrify The united states will set up, function and maintain the chargers. Electrify America will also provide guarantee and around-the-clock help expert services.

Nowadays, Electrify America has 800 charging stations and 3,500 chargers across the U.S. The firm operates in 46 states and strategies to expand to 49 states and the District of Columbia.

Any electrical make or product can demand at Electrify America charge details, though Tesla proprietors want an adapter.

Gonzaga’s candidacy, Pac-12’s future, Texas and Oklahoma exit plans on deck with Big 12 brass set to meet

Gonzaga’s candidacy, Pac-12’s future, Texas and Oklahoma exit plans on deck with Big 12 brass set to meet

When Big 12 presidents and athletic directors begin meeting Thursday at the Dallas-Fort Worth International Airport Grand Hyatt, might as well bring your popcorn.

On the agenda is Gonzaga’s potential membership in basketball. That alone has realignment implications beyond the Big 12. There will also be some discussion about the possible early exit of Texas and Oklahoma for the SEC.

Going into its first season with new members BYU, Cincinnati, Houston and UCF, the Big 12 will discuss perhaps its only athletic year with 14 teams. That’s a Texas-Oklahoma issue, too.

Expansion is still in play, especially as long as the Pac-12 doesn’t sign a new media rights deal.

Gonzaga’s candidacy

Basketball typically brings about 20{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} of the value of any media rights deal. That’s why football is so much more important. It’s also why no Power Five conference has a basketball-only member.

But this is Gonzaga, a national power, and this is commissioner Brett Yormark, who is looking to make a mark in his new role and has been pursuing the school as a basketball-only addition. (The Bulldogs do not play football.)

After spending 43 years in the mid-major West Coast Conference, there are indications Gonzaga wants to play up a level of competition — and get paid for it. Numerous reports have the West Coast power at least considering its options with the Big 12, Pac-12 and Big East all potential landing spots.

“I would assume if [the Big 12] wanted Gonzaga, they’d have Gonzaga,” a person familiar with media rights deals told CBS Sports.

Maybe. On the school’s end, the decision is said to be largely up to coach Mark Few, who has guided the Zags since 1999. The program is currently in the middle of rights deal with ESPN and CBS that expires in 2026-27.  

On the Big 12 end, Yormark has tried to sell his ADs on the concept of a basketball-only member. They have previously seen a presentation regarding Gonzaga’s membership, but it didn’t include any financial details. Don’t be surprised if the ADs have sought to price Gonzaga’s inclusion with league media consultant Endeavor.

“I think that’s probably the lesson that I get taught over and over is, we underappreciate the power of our brand nationally,” Gonzaga AD Chris Standiford told the AP in December. 

Gonzaga has negotiated getting a weighted share of NCAA Tournament revenue from the WCC since it is far and away the league’s most consistent postseason performer. From 1999 to 2019, Gonzaga produced more than 70{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} of the WCC’s 75 “units” — revenue that comes from the NCAA for each tournament victory.

In the Power Five, most (if not all) tournament revenue is distributed evenly among schools by conferences.

The attraction between the two parties is obvious. The Big 12 already is the best basketball league. With Gonzaga, it would get even stronger. Membership would insulate the Zags in case the tournament field grows and the likes of the WCC lose automatic qualifier status. That was speculated when the NCAA Transformation Committee released its recommendations last month.

In return for bringing its brand, Gonzaga would get security and access to NCAA Tournament revenue that surpassed $32 million in 2020. The WCC and Gonzaga have remained tight-lipped about what the league and program are currently making in media rights revenue.

“Any money they get [from the Big 12] has to be more than they’re making,” one industry insider said.

As for the financial impact, Gonzaga wouldn’t get anywhere near a full share of Big 12 revenue that now averages $31.66 million annually. Some see college basketball increasing in value down the road because of streaming. More interest from streaming means more money.

The current dilution comes from an oversaturation. With 363 Division I teams, there are too many televised games that don’t mean anything.

The biggest hang-up may be what to do with Gonzaga’s minor sports. It’s unlikely the WCC would allow them to remain in the conference with basketball not included. Joining the Big 12, if even a possibility, would create significant travel expenses with teams stationed everywhere from Florida to West Virginia to the West Texas.

In 2019, when Gonzaga renegotiated its deal, it used suitor Mountain West as leverage. Now the interested parties are bigger, better and richer.

What about the Pac-12?

Geographically, the Pac-12 makes the most sense for Gonzaga. But the league remaining unsettled in several key areas may drive Gonzaga, and some of the Pac-12’s own schools, to the Big 12.

Pac-12 presidents and ADs concluded a regularly scheduled Monday meeting with no resolution in its ongoing media rights negotiations. The Pac-12 needs that to be settled before proceeding with anything else.

The current media deal with Fox and ESPN expires July 1, 2024. It is extremely late in the negotiating process (17 months out) to still be this far away from an agreement given there is an expiring deal.

“I wouldn’t say [it’s] a concern,” said a Pac-12 AD. “We’re in a process. … Panic or impatience isn’t going to make a difference.”

Meanwhile, the Big 12 — Yormark, specifically — remains interested in those Four Corners schools: Arizona, Arizona State, Colorado and Utah. While Pac-12 programs have declared various levels of loyalty during this uncertain period, the longer these negotiations last, the more questions will enter the minds of members. Several times, Yormark has said publicly he wants a West Coast presence to spread his conference across all four time zones.

Beyond Gonzaga and those Pac-12 schools, San Diego State remains a Pacific option for the Big 12. A new Pac-12 deal could come in the first quarter of 2023 involving ESPN and Amazon.

The Texas, Oklahoma situation

Texas and Oklahoma recently made an offer to the Big 12 and Fox to leave the league one year early for the SEC, sources told CBS Sports this week. It was rejected. The nature of the offer was not clear.

CBS Sports previously reported the Big 12 rightsholder would have to be made whole for losing the Longhorns and Sooners early from its programming lineup. That could involve a series of nonconference games involving both schools being played in Big 12 stadiums once Texas and Oklahoma join the SEC. 

Fox and ESPN hold the linear broadcast rights to the Big 12 through 2024-25. ESPN owns 63{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} of the value from the new $2.3 billion deal that begins in 2025. As such, it gets top picks with the four best football games each season, six of the top eight, eight of the top 12 and 12 of the top 20, according to SportsBusiness Journal. Fox, which owns the remaining 37{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} of the deal, receives 26 games per season. It is not clear whether Fox would get access to some of those ESPN picks if a deal was struck.

There was speculation that Tuesday’s release of the 2023 Big 12 schedule was connected to the Texas-Oklahoma issue. In other words, nothing could happen until it was known when the programs would leave the league.

Not true. The league faced a deadline of early February from their rightsholders to get the schedule done. Fox and ESPN needed to start scheduling games themselves.

Meanwhile, time is running out for a potential early exit. As CBS Sports reported, Texas and Oklahoma want to leave early, but the complications are numerous.

The pair first made it known in August 2022 they wish to leave the Big 12 for the SEC at the conclusion of the 2023 season. For now, they are compelled by the current media rights deal to stay through the 2024 campaign before moving on.

Myanmar coup anniversary: A world looks away from country’s descent into horror

Myanmar coup anniversary: A world looks away from country’s descent into horror



CNN
 — 

Content warning: This story contains descriptions of violence against children and images viewers may find disturbing.

Bhone Tayza had been impatient to start school. A broken arm had kept the 7-year-old home while the other kids began their lessons, but now that his cast was off, he couldn’t wait to join in.

His mother, Thida Win, was still worried. “Just stay home for today,” she recalls telling her son on his third day back at school last September – but he went anyway.

Hours later, the airstrike hit.

Thida Win was home, in the central Sagaing region of Myanmar, when army helicopters began firing “heavy weapons” including machine guns near her house, she said. She took cover until the shooting stopped, then sprinted to the nearby school, frantic. She finally found Bhone in a classroom, barely alive in a pool of blood, next to the bodies of other children.

“He asked me twice, ‘Mom, please just kill me,’” she said. “He was in so much pain.” Surrounded by armed soldiers of Myanmar’s military who had swarmed the school grounds, she pulled Bhone into her lap, praying and doing her best to comfort him until he died.

He was one of at least 13 victims, including seven children, in the September attack – and among the thousands killed nationwide since the military seized power in a coup on February 1, 2021.

The junta ousted democratically elected leader Aung San Suu Kyi, who was later sentenced to 33 years in jail during secretive trials; cracked down on anti-coup protests; arrested journalists and political prisoners; and executed several leading pro-democracy activists, drawing condemnation from the United Nations and rights groups.

Two years on, the Southeast Asian country is being rocked by violence and instability. The economy has collapsed, with shortages of food, fuel and other basic supplies.

Deep in the jungle, rebel groups have taken the fight to the military. Among their number are many teenagers and fresh graduates, whose lives and ambitions have been upended by a war with no end in sight.

Rebel fighters escort protesters as they take part in a demonstration against the military coup in Sagaing, Myanmar on September 7, 2022.

For months after the coup, millions across Myanmar took part in protests, strikes and other forms of civil disobedience, unwilling to relinquish freedoms won only recently under democratic reforms that followed decades of brutal military rule.

They were met with a bloody crackdown that saw civilians shot in the street, abducted in nighttime raids and allegedly tortured in detention.

CNN has reached out to Myanmar’s military for comment. It has previously claimed in state media it is using the “least force” and is complying with “existing law and international norms.”

Since the coup, at least 2,900 people in Myanmar have been killed by junta troops and over 17,500 arrested, the majority of whom are still in detention, according to advocacy group Assistance Association for Political Prisoners (AAPP).

Anti-coup protesters march through a street in Yangon, Myanmar, on February 8, 2021.

Though mass protests have faded, allegations of atrocities by military troops – including the school strike in the village of Let Yet Kone – continue to emerge.

Daw Aye Mar Swe, a teacher at the school, said she ushered students into classrooms as the military helicopters approached, shortly before the horror descended.

The airstrike hit the roof, sending debris falling all around them. The room filled with dark smoke – and then the soldiers arrived.

They began “shooting at the school for an hour nonstop … with the intention to kill us all,” she told CNN.

She shoved her students under beds for cover, but it was of little use. One young girl was shot in the back. As she tried in vain to stem the bleeding, she urged her crying students: “Say a prayer, as only God can save us now.”

When the shooting was over, the soldiers ordered everybody outside, she said. The students huddled together on the school grounds while the soldiers raided the rest of the village and made arrests, said Daw Aye Mar Swe. She recalled seeing Bhone Tayza among the wounded.

The National Unity Government (NUG), Myanmar’s shadow administration of ousted lawmakers, said 20 students and teachers were arrested after the airstrikes.

It’s not clear what happened to them. CNN could not independently verify details of the incident.

Debris on the floor of a damaged school building in Sagaing, Myanmar after it was attacked by the military, photographed on September 17, 2022.

At the time, a spokesperson for the military said government forces entered the village of Let Yet Kone to clear rebel “terrorists” and accused the Kachin Independence Army, a rebel group, and the People’s Defence Force (PDF), an umbrella organization of armed guerrillas, of using children as “human shields.”

Thida Win and Daw Aye Mar Swe denied these claims. “There is no PDF here, or shooting (done by the PDF),” the teacher said. “(The military) shoot us without any purpose or research.”

For some bereaved parents, the agony of losing their children was compounded by being denied a proper goodbye.

After the strike, two residents, who declined to be identified due to fears for their security, said the military took the bodies away and buried them in another township several miles away.

Thida Win corroborated this account, saying she had cried and begged the soldiers to “let me bury my son on my own … but they took him away.” When she contacted a military commander the next day, he said Bhone had already been cremated. To this day, she has not collected his ashes, saying she would not sign any documents issued by the junta that killed her son.

“There are no words … my heart is broken into pieces,” she said.

Debris and bloodstains on the floor of a Sagaing school attacked by Myanmar's military, pictured September 17, 2022.

In between these large-scale attacks, smaller battles are unfolding every day between the military and rebel groups that have sprouted up across the country, allying themselves with long-established ethnic militias.

Some of these groups effectively control parts of Myanmar out of the junta’s reach – and many are composed of young volunteers who left behind families and friends, for what they say is the future of their nation.

Shan Lay, 20, was a high school senior when the coup took place. Now, he spends his days on the front lines as a member of the MoeBye PDF Rescue Team, a small group of combat medics that treats and evacuates injured PDF fighters in eastern Myanmar.

It can be a dangerous job; Shan Lay recalled one instance when their vehicle was shot at and destroyed by military soldiers, forcing the team to jump from the car and run to safety.

Another member of the rescue team, Rosalin, a former nurse, described once hiding in what was supposed to be a secret clinic. The building had been surrounded by junta soldiers and aircraft were circling overhead, so the team waited for nightfall so they could escape in the dark. “I thought I was going to die, and I was ready to relinquish my life,” she said.

CNN is referring to Shan Lay and Rosalin by their “revolution names,” aliases many in the resistance movement adopt for their safety.

Videos of their daily operations, shared by the rescue team, reveal improvised tools and treacherous conditions. Often, they wear no helmets or protective gear, ducking gunfire in just flip flops, t-shirts, long pants and backpacks.

The clips show the group carrying injured fighters on rocky dirt paths, and providing medical care during bumpy rides on pickup trucks; sometimes they have nothing more than boiled water to sterilize wounds, Rosalin said.

When the fighting lulls, they treat injured civilians displaced from their homes and distribute food.

Members of a rebel group in Myanmar's eastern Karenni state on a boat, going from the Thai border into Myanmar.

Their jobs are made more difficult by the remote terrain, choppy telecommunications, and unpredictable dangers. When they spoke to CNN over Zoom in January, they had hiked to a higher altitude for better phone service, and were running late after responding to a PDF fighter who had lost his foot after stepping on a land mine.

Rosalin said the junta left them no choice but to fight back after crushing their peaceful protests.

“We know we may have to give up our lives. But if we don’t fight like this, then we know we won’t get democracy, which is what we want,” she said. “As long as this dictatorship is present and we do not have democracy, this revolution will continue.”

Even those not on the front lines have found other ways to resist; there are underground hospitals and schools operating out of the junta’s view, and people have boycotted goods or services related to the junta.

“It’s a remarkable, remarkable show of courage and determination by people,” said Tom Andrews, the UN Special Rapporteur on the situation of human rights in Myanmar.

Combat medics from the Moebye PDF Rescue Team hide behind a wall as they prepare to rescue rebel fighters in Moe Bye, Myanmar, on September 9, 2022.

However, despite the rebels’ best efforts, it’s a desperately uneven fight. And after two years of conflict, their funds and resources are dwindling.

“Before, we had our own homes and pots, we had our own rice, we had some of our money,” said Rosalin. “But we had to leave behind our homes and go live in the jungle.” Finding food and accommodation is challenging, she added.

Shan Lay said some people had sold their houses and land to buy weapons and bullets – but it’s still not enough, and a difficult road lies ahead.

The fighting “is more violent” now, he said. “(The junta) are using larger weapons than before.”

Resources are slim in other rebel bases too, with footage from Myanmar’s eastern Karenni state showing uniformed youth training in the mountains, making homemade ammunition in jungle workshops and storing the rounds in refrigerators.

The pictures are a far cry from the military’s powerful arsenal of tanks and warplanes.

The junta demonstrated its devastating firepower just weeks after the school attack with one of its deadliest airstrikes on record.

Crowds had gathered in the A Nang Pa region of Myanmar’s northern Kachin state to celebrate the 62nd anniversary of the Kachin Independence Organization (KIO), the political wing of the rebel Kachin Independence Army (KIA).

Though the event was organized by the KIO, it was aimed at the public, with artists, singers, religious figures and industry leaders invited, according to a businessman who attended. He described a day of festivities, with people bathing in a stream, playing golf and eating noodles under teak trees before watching a musical performance by a famous singer.

When the airstrike happened, “It was like the end of the world,” the businessman said. Footage of the moment of impact, shared with CNN by the KIO, show people sitting around tables facing the stage when there came a dazzling light and loud crash – followed by flashes of orange light, then darkness.

“I heard people crying, speaking and moaning,” said the businessman. “I was standing in a horrific scene.” Bodies appeared to be everywhere; he saw people trapped under debris and some who had lost limbs.

Videos of the aftermath show buildings reduced to rubble and body bags lined up on the ground.

CNN is not naming the businessman for his safety.

The strike killed up to 70 people, according to the KIO. CNN cannot independently verify the number.

When CNN requested comment from the junta regarding the attack, CNN’s email – and an official response – were published in the government-owned Global New Light of Myanmar newspaper. Military spokesperson Maj. Gen. Zaw Min Tun claimed responsibility for the attack, calling it a necessary military operation targeting “a den where enemies and terrorists were hiding.” He also claimed the military had “never attacked civilians,” calling such reports “fake news.”

KIO leaders deny this. They say the venue was a day’s walk from the nearest KIA battalion, and though some KIO members were in uniform at the event, they were not carrying weapons or military equipment.

Andrews, the UN special rapporteur, also cast doubt on the junta’s claim of not striking civilians. “That statement is absurd,” he told CNN in January. “There is clear evidence we have of airstrikes on villages.”

As millions of civilians in Myanmar grapple with their grim post-coup reality, much of the world looks the other way.

“It has been two years of the devastation of the military junta and the military at war with its own people,” Andrews said. “We’ve seen 1.1 million people displaced, more than 28,000 homes destroyed, thousands of people have been killed.”

The economy is in freefall, with Myanmar’s GDP contracting 18{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} in 2021. While the World Bank forecasts a slight uptick to 3{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} growth in 2022, some experts say this is “wildly over-optimistic.”

About 40{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} of the population were living under the poverty line last year, “unwinding nearly a decade of progress on poverty reduction,” the World Bank said last July. Prices for basic goods like food and fuel have skyrocketed.

But little support has come from the outside. The European Parliament passed a motion in 2021 supporting the NUG as “the only legitimate representatives of the democratic wishes of the people of Myanmar,” and it remains one of the few places that has done so. But no military aid has followed.

Internally displaced people living in makeshift jungle shelters in Myanmar's Karen state, near the border with Thailand, on January 16, 2023.

Though the European Union and other governments have provided funding for humanitarian aid, relief remains limited. Groups such as the Red Cross say their operations on the ground have been hindered by fighting and financial challenges. In a December report, the UN Office for the Coordination of Humanitarian Affairs (OCHA) said its response plan for Myanmar was “drastically underfunded,” amounting to $290 million out of the $826 million required.

The conflict “has been forgotten,” Andrews said, contrasting the international community’s muted response to Myanmar versus the rush to provide weapons, funding and other assistance to Ukraine in its war against Russia.

The Ukraine model could be applied to Myanmar, he added – not in terms of importing weapons, but in taking “coordinated actions such as economic sanctions that target the junta’s source of revenue, that target their weapons, that target the raw materials that they’re using to build weapons inside the country.”

A boy cooks rice in a camp for displaced people in the jungle, in Karen state on January 16, 2023. There is no clean drinking water at the camp, and food is scarce.

Andrews pointed to signs that the junta is struggling too, which makes international aid all the more critical for turning the tide. There are reports the military controls less than half of the country and that its operations are suffering from financial difficulties, thanks in part to sanctions already in place, he said. But more is still needed.

“If (the conflict) remains in the shadows of international attention, then we are providing a death sentence to untold numbers of people,” Andrews warned.

Thida Win, the mother of Bhone Tayza, had a similar plea. She is still grieving the loss of a son she described as studious, intelligent and kind, for whom she “had so much hope.”

“I want to ask the world to support us so our children’s death will not be in vain,” she said. “Will you just look away from us? How many kids have to risk their lives?”

Real estate agents are turning to ChatGPT AI to describe listings

Real estate agents are turning to ChatGPT AI to describe listings