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Edition: U.S. Article Slideshow Video Save Email Print Reprints Most Popular Most Shared British pair faces jail time in Dubai over kiss 14 Mar 2010 Erin Andrews peephole stalker lands in jail 15 Mar 2010 Recession left "walking wounded" workers: study 12:08am EDT HBO puts "The Pacific" online 15 Mar 2010 UPDATE 2-Aftershock hits off coast of Chile, no damage 12:15am EDT Aftershock hits off coast of Chile, no damage 12:16am EDT Erin Andrews peephole stalker lands in jail 15 Mar 2010 Mexico gunmen kill American consulate staff | Video 15 Mar 2010 U.S. raps Europe for underfunding defense 23 Feb 2010 UPDATE 1-China Sunergy to buy two solar module cos for $47 mln 15 Mar 2010 Frustrated Thai "red shirts" press ahead with rally Ambika Ahuja BANGKOK Tue Mar 16, 2010 2:26am EDT Related News Q+A: Who are Thailand's "red shirts?" Mon, Mar 15 2010 Scenarios: Will Thailand's government ride out the storm? Mon, Mar 15 2010 Related Video Tensions high in Bangkok Mon, Mar 15 2010 Thai protests continue, govt firm < 1 / 18 > View Full Size BANGKOK (Reuters) - Tens of thousands of protesters pressed ahead with a mass rally in Bangkok on Tuesday, some expressing frustration that four days of peaceful protests had failed to force Thailand's premier to call elections. World After marching on Monday to an army base that Prime Minister Abhisit Vejjajiva has made his headquarters for the crisis, red-shirted supporters of ousted ex-premier Thaksin Shinawatra regrouped near a central Bangkok bridge where they set up camp. Financial markets have so far held fairly steady and foreigners continued to buy Thai stocks on Monday, albeit in smaller volume than over the past 15 sessions, when they have bought a net $850 million despite the rise in political tension. Uncertainty over the intentions of the "red shirts" caused volume to drop, although not sharply. "It looks like the situation overall is manageable. If we can get past this week, things should return to normal and fund flows should start building up again," Patareeya Benjapolchai, president of the Stock Exchange of Thailand, told Reuters. "Although we've seen a slower pace of foreign buying because of politics, this will not be enough to trigger a major sell-off -- unless of course the situation gets out of hand and people start getting shot," she added" "Fundamentally, Thailand isn't bad looking." That message was reinforced by U.S. investment bank Morgan Stanley which upgraded its recommendation on Thailand's stock market to "overweight" in a note to clients dated March 12 and distributed to media this week. Early on Tuesday, leaders of the "red shirts" were collecting a vial of blood from each supporter which they intend to spill outside Abhisit's office in what they are calling a symbolic shedding of blood for democracy. "When the picture of this reaches Abhisit, won't he be just a little bit ashamed of himself?" said Rung Suramanee, 76, a retired civil servant. "I am ready to sacrifice anything for majority rule to return. What's 10 cc of blood?" The mainly rural "red shirts" say they have been disenfranchised by the military, urban elite and royalists, who wear yellow shirts at protests and broadly back Abhisit. some businesses and sap consumer confidence in Southeast Asia's second-biggest economy, possibly forcing the central bank to delay an expected rise in interest rates. Such a delay, however, is looking increasingly less likely given the peaceful protests. Some protesters expressed frustration about the seeming lack of effect of the rally, even though 150,000 people massed in Bangkok at one point on Sunday evening. Some said they may soon return home because they cannot leave work and family for long. "I want to step it up and do something bold," said Manat Tengmanee from northern Lampang province. "I think without real splattering of blood there will be no change. There has never been change for the people in Thailand without bloodshed." But he insisted he would follow the leaders' calls for non-violence. The twice-elected Thaksin was ousted in a military coup in 2006 and later sentenced in absentia to two years jail for graft. He fled into exile shortly before his sentence was passed and lives mainly in Dubai, although thought now to be in Europe. In a 40-minute address by telephone on Monday night, during which he broke into song about his love for his supporters, the self-exiled former telecommunications tycoon urged the "red shirts" to keep up their struggle. "The patience of the people is the heart of success," he said. "Do not lose heart yet. Be patient. It may be a little tough," he said, before urging Abhisit's coalition partners to withdraw from the government "for the sake of democracy." Thaksin's allies are likely to win the next election, which must called by the end of next year, just as they have won every poll held since 2001. Thaksin's opponents could thwart that result, possibly with a coup, as in 2006, or a judicial intervention, as in 2008, a year plagued by political upheaval. ($1=32.55 Baht) (Additional reporting by Chalathip Thirasoontrakul and Ploy Ten Kate; Writing by Alan Raybould; Editing by David Fox) World More from Reuters Fed seen renewing low rates, extended period vow WASHINGTON (Reuters) - The Federal Reserve is expected to hold interest rates near zero at a meeting on Tuesday and renew its pledge to keep borrowing costs very low for a long time, but could note a brightening economic picture and hint at being closer to dropping the vow. Record number of Chinese unhappy over inflation Toyota casts doubt on "runaway" Prius claim | Video Sen Dodd boosts Fed in new financial reforms | Video China warns Google to obey rules even if it pulls out Lehman Brothers' whistle blower was ousted: report » More Top News China building a debt mess There's a darker side to China's relentless investments: vast sums borrowed by local governments and plowed into projects that will never pay for themselves. Full Article Wen wraps populist agenda in poetry China name-calling a costly move Coming Up Tuesday, March 16: A live chat with Michael Lewis Have a question for Michael Lewis? Submit them here. The author of "The Blind Side" and "The Liar's Poker" will be joining us March 16th to talk about his new book. Live Coverage Felix Salmon: "The Big Short" Rolfe Winkler: Lewis on his book Economy © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts.com Buyouts Europe: Buyouts Conferences: Venture Capital Journal EVCJ International Financing Review International Securitisation Report Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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