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Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Australia China India Indonesia Japan Malaysia Philippines Thailand Vietnam Search Search: Thai protesters end siege peacefully Reuters - 1 hour 30 minutes ago By Martin Petty and John Ruwitch ADVERTISEMENT BANGKOK - Thai anti-government protesters ended a three-week siege of the prime minister's office on Tuesday, stepping back from a confrontation that had raised fears that renewed instability would further damage the economy. "We have to stop because we need to look after the lives of our supporters," said Jatuporn Prompan, one of the leaders of the red-shirted protesters loyal to former premier Thaksin Shinawatra who still commands widespread loyalty among the rural poor. Protesters had been camped at the building for three weeks and violence flared in Bangkok on Monday, with two people killed and more than 100 wounded. A peaceful end to the demonstration would be a boost for Prime Minister Abhisit Vejjajiva and partly reassure investors fretting about Thai political risk. Rating agencies had said that if unrest persisted, domestic and foreign investment could be badly hit and there was a risk that Thailand's sovereign ratings could be downgraded. The violence has also damaged Thailand's crucial tourism industry. Army spokesman Colonel Sansern Kaewkamnerd said earlier on television the authorities estimated about 2,000 protesters were encamped at Government House. The "red shirts" vowed to return, however. "This is not the end. We'll be back. Our leaders will meet after Songkran to discuss our next move," one protest leader, Nattawut Saikuar, told Reuters. "DO OR DIE" MOMENT On Monday there were violent clashes at a big intersection in the capital, which the red-shirted demonstrators had barricaded and which troops cleared with repeated charges, firing shots. Black smoke had billowed over the city of 12 million people after protesters set fire to buses to block the troops. A fire was started in one government building. Abhisit, who declared a state of emergency in Bangkok on Sunday, told Reuters it was a "do-or-die" moment for the rule of law and he would not negotiate with Thaksin. Financial markets remained closed for the three-day Thai New Year holiday, reopening on Thursday. The holiday meant the roads of Bangkok, normally clogged, were quiet this week. The rest of the country was also quiet, with Sansern noting only two incidents outside Bangkok on Monday, when red-shirted protesters tried to stop transmission of a state television channel. Thailand's intractable political crisis broadly pits royalists, the military and the urban middle-class against the rural poor loyal to Thaksin. Analysts say that even if this week's violence subsides, the country's divisions remain. "The underlying problem of discord between the urban elite and the rural population remains in place, and a clear-ut solution does not seem anywhere close at the moment," Nomura International said in a research note. Abhisit told Reuters that dissolving parliament in order to hold elections could lead to electoral violence, but he would listen to the grievances of some of the protesters. "I'm not interested in making a deal with Thaksin," he said. "But I do listen to the concerns of some people who have joined the 'red shirts' in terms of democratic developments. In particular, if they are not satisfied with the constitution, if they think there may be some injustice in the system, I am happy to address those." The tourist sector was barely picking up after a one-week shutdown of Bangkok's airports by protesters opposed to Thaksin late last year when a government allied to him was in power. Several countries have issued advisories on travel to Thailand. Thaksin, ousted in a 2006 coup and living in exile to avoid jail on a corruption conviction, also popped up on international TV networks, claiming that many people had died on Monday. TWO DEAD A government minister and medical officers said two people died, both of them in skirmishes between residents and protesters, many of whom were bussed in from outside the capital. Army spokesman Sansern said a soldier patrolling in the city during the night had been seriously wounded by a shot fired by someone riding on a motorbike. The Emergency Medical Institute said on Tuesday that 113 people, including soldiers, had been injured in the clashes. On Saturday, protesters forced the cancellation of a high-profile Asian summit in Thailand, a big embarrassment for Abhisit, who took office only in December. The political strife in Thailand died down for a while after he came to office through parliamentary defections that Thaksin supporters say were engineered by the army. They want new elections, and the latest protests flared up after Thaksin said Abhisit must resign by April 8 -- the day before the now abandoned East Asia Summit started. Email Story IM Story Printable View Blog This Recommend this article 11 users recommend Sign in to recommend this article » Most Recommended Stories » Related Articles: Asia Pacific North Korea scraps nuclear dealReuters - 1 hour 38 minutes ago NKorea says will boycott six-party nuclear talksAP - 2 hours 9 minutes ago Indonesia said to allow illegal monkey tradeAFP - 2 hours 21 minutes ago Thai protest leaders call halt after riotsAP - 2 hours 48 minutes ago China orders governments to go green: state mediaAFP - 2 hours 50 minutes ago Most Popular – Asia Pacific Viewed Police nab Norwegian pair during high-speed sex US govt tells GM to prepare for bankruptcy filing Harry Potter actor arrested over cannabis find Mummies found in ancient Egypt burial chamber Swedish church unveils Lego Jesus statue for Easter View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. 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