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My Profile Top News Reuters top ten news stories delivered to your inbox each day. Subscribe You are here: Home > News > International > Article Home Business & Finance News U.S. Politics International Technology Entertainment Sports Lifestyle Oddly Enough Health Science Special Coverage Video Pictures Your View The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters Your View Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters Thai crisis deepens as Thaksin finds Cambodian base Thu Nov 12, 2009 8:53am EST Email | Print | Share | Reprints | Single Page [-] Text [+] By Martin Petty PHNOM PENH (Reuters) - Emboldened by a rousing welcome in Cambodia, fugitive former Thai premier Thaksin Shinawatra is rallying supporters from just over the border, upping the ante in Thailand's political crisis. After accusing Thailand's rulers of "false patriotism" in a speech in Phnom Penh on Thursday, Thaksin huddled with more than 20 supporters and leaders of his red-shirted, anti-government protest movement who traveled from Thailand. That number will swell on Friday when about 100 supporters plan to gather in the Cambodian town of Siem Reap, about 150 km (90 miles) from the Thai border, according to Puea Thai, an incarnation of Thaksin's disbanded Thai Rak Thai party. The prospect of the billionaire -- who the Thai government sees as a criminal -- running a political campaign from across the border rattled investors, sending Thai stock prices tumbling nearly 3 percent on concern of more instability in Southeast Asia's second-biggest economy. Royalists aligned with the military, who wear the king's traditional color of yellow, plan a demonstration of their own on Sunday in Bangkok to denounce Thaksin and Cambodia, threatening to deepen the political and diplomatic impasse. "Political factors should add more risk to the market. If it keeps dragging on, things may become overwhelming," said Therdsak Taveetheeratham, an analyst with Asia Plus Securities, a stock brokerage in Bangkok. Twice elected in landslides, Thaksin was ousted in a military coup in 2006 and later convicted of breaching conflict-of-interest laws and sentenced in absentia to two years in prison. He still commands a huge, loyal following in Thailand. Thursday's meeting in a hotel lobby in Siem Reap marked the closest Thaksin has been to Thai soil while gathering with supporters who want to topple the Thai government. Some hoisted posters of Thaksin, and sang and cheered during the meeting. At least one wept, a Reuters photographer said. His allies say he gave a voice to Thais who have missed out on decades of economic development. They are seeking a royal pardon and demanding the resignation of Prime Minister Abhisit Vejjajiva, who leads a shaky coalition. His critics, largely the urban elite in Bangkok, say he ran roughshod over Thailand's system of parliamentary checks and balances in an increasingly dictatorial rule. "FALSE PATRIOTISM" Earlier Thaksin gave a speech to about 300 Cambodian business and government leaders in Phnom Penh, his first since Cambodian Prime Minister Hun Sen sparked a diplomatic row by offering Thaksin refuge and appointing him as adviser. "I see a lot of synergy between your country and mine," said Thaksin, who had been living in self-imposed exile largely in Dubai before arriving in Phnom Penh on Tuesday. "Of course, not all my compatriots see it that way right now," he said. "Their domestic political compulsions force them toward false patriotism." His comments drew robust applause. Underscoring the friction between the neighbors, Cambodia expelled a senior Thai diplomat without explanation on Thursday, and Thailand reciprocated, according a spokeswoman at Thailand's Foreign Ministry. Continued... View article on single page Share: Del.icio.us Digg Mixx Yahoo! Facebook LinkedIn Next Article: Israel open to Syria talks as Palestinians balk also on reuters Full Coverage: The Route to Recovery Obama tops Forbes list of world's most powerful people Full Coverage: Reuters Health Summit More World News Abbas to accept Palestinian election delay: officials Medvedev warns Russia opposition not to rock boat North Korea warns South it will pay for clash | Video NATO expects more resources for Afghan training | Video Food summit to make little headway in war on hunger | Video More World News... More News PRESS DIGEST - Thai newspapers - Nov 11 Tuesday, 10 Nov 2009 09:25pm EST Q+A-How much damage will the Thai-Cambodia spat cause? Monday, 9 Nov 2009 02:42am EST Thailand, Cambodia recall envoys over Thaksin spat Thursday, 5 Nov 2009 10:38am EST Japan pushes for East Asia bloc Saturday, 24 Oct 2009 09:54am EDT Q+A - What is the East Asia Summit all about? 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