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Sunday, 28 March 2010 - Thai protesters surround PM's office
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    Read more with google mobile : Thai protesters surround PM's office

    Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Australia China India Indonesia Japan Malaysia Philippines Thailand Vietnam Thai protesters surround PM's office Reuters - Sunday, March 28 Send IM Story Print By Chalathip Thirasoonthrakul BANGKOK - Thousands of Thai protesters surrounded the office of Prime Minister Abhisit Vejjajiva on Saturday, raising fears of a confrontation after repeated threats to expel troops guarding Bangkok's old city. Red-shirted demonstrators seeking new elections pulled down barricades and threatened to force their way into the heavily guarded Government House compound. Neither Abhisit nor his government were present. After negotiations with security chiefs, the protesters returned to their encampment, fearing Abhisit would declare a state of emergency that would allow security forces to break up their mass rally. "We don't want them to use this as a reason to impose an emergency decree," Nattawut Saikua, a protest leader, said. He had earlier said the demonstrators had reached "breaking point." The "red shirts" back twice-elected former premier Thaksin Shinawatra and have taken aim at the military and so-called bureaucratic elites they say are meddling in politics and conspired to overthrow Thaksin in 2006. Their fiery rhetoric represents a more confrontational approach and a level of brinkmanship not seen in the two weeks of peaceful rallies, which analysts say have won the protesters support but brought them no closer to toppling the government. The lack of violence combined with Abhisit's steadfast military backing has encouraged foreign investors lured by cheap shares with high dividend yields to pour into Thailand's stock market in recent weeks. On Friday, foreigners bought Thai stocks for a 24th straight session, spending a net 1.01 billion baht since February 22 as hot money continues to flow into regional bourses. Thai Finance Minister Korn Chatikavanij said on Friday capital inflows into the Thai bourse should continue for the foreseeable future, although any escalation in political tension could trigger outflows. Anupon Sriard, an analyst at BFIT Securities said on Saturday the increased tensions were not likely to affect Thailand's financial markets when then reopen next week. "As long as it is peaceful enough, everything should already be priced in, unless of course, we see some violence," he said. BANGKOK ON EDGE Analysts say protest leaders are facing a dilemma: either maintain their non-violent approach and fail to rattle the government, or up the ante and risk sparking clashes that could cost them their gains in support and credibility. The threat of unrest has left the city of 15 million people on edge, compounded by a slew of mysterious blasts and grenade attacks causing only minor damage. The latest came on Saturday evening when a bomb exploded near the army-run Channel 5 television, injuring two soldiers and two civilians. Recommend Send IM Story Print Related Articles U.S. missile strike kills four in Pakistan Reuters - 2 hours 17 minutes ago NATO reports another Afghan death AP - 2 hours 52 minutes ago Meyer on third gold as Aussies win Madison crown AFP - Sunday, March 28 Lights out across Asia as world begins Earth Hour AFP - Sunday, March 28 Asada topples Queen Kim to reclaim world figure skating title AFP - 1 hour 55 minutes ago News Search Top Stories Greece to launch bond issue next week: report Cancer-stricken Dennis Hopper gets Hollywood star EU relieves Greece, but what next for euro? Britain's Times, Sunday Times to charge for websites VW to raise 4.2 bln euros at 65 euros per share More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Cancer-stricken Dennis Hopper gets Hollywood star EU relieves Greece, but what next for euro? 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No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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