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Edition: U.S. Article Comments (1) Slideshow Save Email Print Reprints Most Popular Most Shared Goldman CDO case could be tip of iceberg 17 Apr 2010 Europe's air travel crisis enters fourth day 2:48am EDT Gates says U.S. lacks plan to curb Iran's nuke drive: report 17 Apr 2010 Ash cloud forces relaxed Merkel on European odyssey 17 Apr 2010 Venezuela says China offers $20 billion in financing 17 Apr 2010 UPDATE 1-Obama pushes bank reform, lashes out at Republicans 17 Apr 2010 Europe's air travel crisis enters fourth day 2:48am EDT Goldman CDO case could be tip of iceberg 17 Apr 2010 Brighter days seen for beaten-down art market 16 Apr 2010 Ice cap thaw may awaken Icelandic volcanoes 16 Apr 2010 Thai army says will "punish" protesters Ploy Ten Kate and Martin Petty BANGKOK Sun Apr 18, 2010 3:15am EDT < 1 / 4 > View Full Size BANGKOK (Reuters) - Thailand's military vowed on Sunday to "punish" anti-government protesters if they march on Bangkok's central business district, heightening fears of more violence after bloody clashes left 24 people dead a week ago. World | Thailand Red-shirted supporters of ousted premier Thaksin Shinawatra said on Saturday they would take their protest to the financial district, two blocks away from their main downtown protest base, on Tuesday, in defiance of an emergency decree. "We won't let them go anywhere further," army spokesman Sansern Kaewkamnerd said. Sansern stopped short of using the word "crackdown" but said protesters occupying the plush shopping and hotel district for a 16th day would be dealt with. "Let's say that we are left with no choice but to enforce the law," Sansern told TNN television. "Those who do wrong will get their punishment. Taking back the area along with other measures are all included in enforcing the law. All this must be done." An uneasy calm has prevailed in the capital over a Thai new year holiday period in the wake of Thailand's worst violence in almost two decades, which triggered a huge selloff in the stock market after six weeks of gains. A heated confrontation between troops and demonstrators, who are demanding that Prime Minister Abhisit Vejjajiva dissolve parliament and step down, led to bloody clashes on April 10, the first outbreak of violence in the six-week protests. Adding to concerns about more unrest, leaders of the anti-Thaksin "yellow shirt" movement -- representing royalists, the business elite, aristocrats and urban middle class -- met on Sunday to discuss their position on the crisis. The yellow shirts staged a crippling eight-day blockade of Bangkok's airports in December 2008, which stranded more than 230,000 tourists, disrupted trade flows and led to credit ratings downgrades for Southeast Asia's second-largest economy. The siege ended when a pro-Thaksin ruling party was dissolved for electoral fraud, paving the way for Abhisit's rise to power after a parliamentary vote the red shirts say was influenced heavily by the military in a "silent coup." Abhisit rebuffs claims his government is illegitimate and has refused to step down. He failed to deliver his regular televised address on Sunday for a second week and has been uncharacteristically reclusive since last week's clashes. ELITE TARGETED Several thousand protesters rallied on Sunday at the Rachaprasong intersection, dubbed their "final battleground," listening to speeches and huddling in the shade as the burning sun took its toll. More were arriving for a rally that typically draws tens of thousands by evening. The planned protest on Tuesday would target Bangkok Bank, Thailand's biggest lender, which red shirts have linked to the elite they say conspired to bring down elected governments backed or led by Thaksin, who was ousted in a 2006 coup and fled into exile ahead of a graft conviction. Protesters have taken aim at Prem Tinsulanonda, a former army chief, premier and honorary adviser to the bank, who serves as the top aide to Thailand's revered King Bhumibol Adulyadej. Faced with criticism over the military's handling of the protests, Abhisit appeared on television on Friday to announce that responsibility for security had been handed to army chief Anupong Paochinda, who retires in September and has been reluctant to tackle the protests. "I think him passing responsibility to the commander-in-chief is his way of pushing him to actually do something, since he will be responsible for what happens now," said Joshua Kurlantzick of the Carnegie Endowment for International Peace, a U.S. think tank. "I'm not sure it's Abhisit trying to evade responsibility. He's still going to have to face the consequences at the polls at some point." The seemingly intractable five-year crisis has fueled speculation that with the government and security forces in disarray, and concerns about clashes between rival demonstrators, hardliners within the military may decide to stage a coup to end the impasse, which analysts say would likely backfire. (Additional reporting by Eric Gaillard and Nopporn Wong-Anan; Editing by Nick Macfie) World Thailand Comments See All Comments (1) | Post Comment Apr 18, 2010 2:13am EDT PM Abhisit has stayed low as there are several credible death threats against him coming from the Red Shirts and their leader Thaksin. The Red Shirts may be talking non-violence but their actions are anything but. It is dangerous to walk near their demonstration and the supposed ‘terrorists’ infiltration are just Red Shirts with out the red. Bought and paid for by Thaksin. Sonnyjc9 Report As Abusive See All Comments (1) Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. More from Reuters Europe's air travel crisis enters fourth day LONDON (Reuters) - Air travel across much of Europe was paralyzed for a fourth day on Sunday because of a huge cloud of volcanic ash, but Dutch and German test flights carried out without apparent damage seemed to offer hope. Thai army says will "punish" protesters Gates says U.S. lacks plan to curb Iran's nuke drive: report China's Hu flies in to quake site, toll nears 1,500 U.S. carriers cancel most European flights U.S. border agents shoot man at busy Mexico crossing » More Top News Moving back to credibility The SEC's move on Goldman Sachs proves that it's out of the donut shop and back on the beat. It also means the pressure to succeed has never been stronger. Commentary SEC lights fire under Goldman smoke Financial reform passage certain Goldman Sachs Brighter days for art market Prices are ticking up and records are being set again as this once-hot investment charges back into play. Full Article Rothko, Matisse top lots at Sotheby's Russian art draws interest Lifestyle © 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 Venture Capital Journal International Financing Review 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. 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