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Monday, 26 April 2010 - Grenade attack, rebellious north deepen Thai crisis |
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    Edition: U.S. Article Comments (1) Slideshow Save Email Print Reprints Most Popular Most Shared Arizona immigration law protesters urge action 25 Apr 2010 WRAPUP 2-Grenade attack, rebellious north deepen Thai crisis 2:40am EDT Police barred from penis enlargement 23 Apr 2010 U.S. backs plan to stop leaking Gulf of Mexico oil well 25 Apr 2010 US Senate Republican calls for strict swaps rules 24 Apr 2010 Nikkei gains 2.3 percent, breaks above 25-day average 2:15am EDT Burglars break into prison to rob absent inmates 21 Apr 2010 Potentially deadly fungus spreading in U.S. and Canada 22 Apr 2010 Strong quake in Taiwan, Philippines; no damage reports 12:39am EDT Rich world may face next downturn with dull weapons 22 Apr 2010 SEC may have hard time finding other suits like Goldman 19 Apr 2010 US Senate Republican calls for strict swaps rules 24 Apr 2010 Strong quake in Taiwan, Philippines; no damage reports 12:39am EDT Husky Asia could be spun off by year end: CEO 22 Apr 2010 Grenade attack, rebellious north deepen Thai crisis Ambika Ahuja BANGKOK Mon Apr 26, 2010 2:41am EDT Related News Thai "red shirts" vow to intensify campaign Sun, Apr 25 2010 Thai PM rejects protesters' peace offer Sat, Apr 24 2010 Thai "red shirts" offer compromise to end impasse Fri, Apr 23 2010 Grenade blasts kill 3, wound 75 in Bangkok Thu, Apr 22 2010 REFILE-Q+A-What is going on in Thailand? Fri, Apr 16 2010 < 1 / 5 > View Full Size BANGKOK (Reuters) - A grenade attack on the home of a senior Thai politician and acts of defiance in the provinces deepened fears on Monday over civil conflict after the prime minister rejected demands by anti-government protesters. World  |  Thailand Protesters fortified a sprawling encampment in Bangkok's main shopping district and urged supporters in northern regions to block convoys of police and soldiers from traveling to the capital, adding to a growing sense of lawlessness. "We believe the threat of a crackdown is high," Nattawut Saikua, a protest leader, said from a stage in the shopping district where at least 8,000 people sang and listened to speeches through the night on Monday. Prime Minister Abhisit Vejjajiva on Saturday rejected a proposal by the protesters to call elections in 30 days and hold a vote 60 days later, dashing hopes for an end to the seven-week standoff that has paralyzed Bangkok and killed 26 people. Brave bargain hunters bought Thai stocks, pushing the local index up 1.6 percent to outperform most Asian markets, but brokers described the rise as fragile and said the risk of violence would likely make trading choppy in days ahead. Chris Wood, an analyst at brokerage CLSA, said on Monday he had cut his allocation of Thai stocks to zero. "All evidence still points to a potentially inflammatory stalemate in Thai politics," he said in a note to clients. Underlining those concerns, a grenade was hurled late on Sunday at a police post near the home of Banharn Silapa-Archa, chief adviser to the Chart Thai Pattana Party, wounding at least 11 people, a medical center said. Banharn is a former prime minister who has switched allegiance regularly throughout his career. Protesters have called for his party and other governing coalition partners to abandon Abhisit's Democrats to force fresh elections. ACTS OF DEFIANCE The mostly rural and urban poor "red shirts" are showing signs of defiance in their northern strongholds, another headache for the Oxford-educated Abhisit, who faces pressure from upper-class and royalist Thais to take a hardline with them. In northern Pathum Thani province bordering Bangkok, protesters planned a new blockade at a major highway, a day after they used a truck and metal barricades to stop a convoy of hundreds of policemen from entering the capital. The police retreated late on Sunday, apparently to avoid a confrontation. Similar blockades were being formed in northeastern Udon Thani and Ubon Ratchathani. Red shirts say they thwarted a military crackdown on their encampment in central Bangkok after supporters turned out in force on Sunday night. The army chief has said repeatedly a crackdown would do more harm than good. Any attempt to disperse them risks heavy casualties and the prospect of clashes spilling into high-end residential areas, which are slowly emptying of residents and workers as shops close and apartment building owners tighten security. A rival anti-Thaksin protest group known as the "yellow shirts" said they will gather on Thursday outside a heavily fortified army barrack where Abhisit has a temporary office to hand over a letter to him and the army chief, urging them to disperse the red shirts. They threatened to take unspecified steps if the government cannot end the red shirt protest. "Now there is a state within a state," Suriyasai Katasila, one of the movement's leaders, told Reuters on Monday. "It's anarchy and the government needs to do something to end that." The "yellows shirts" are themselves well versed in street protests, having besieged the prime minister's office for three months and taking over Bangkok's airports for eight days in 2008, a siege that ended with a judicial dissolution of the pro-Thaksin People's Power Party The crisis is starting to carve into Thailand's economy, Southeast Asia's second biggest. Thailand's 2010 economic growth forecast of 4.5 percent could be cut by 0.64 percentage point, if the anti-government protests are prolonged for up to three months, a government spokesman said on Monday. Army chief Anupong Paochinda acknowledged on Sunday some retired and inactive officers had joined the protest movement, but sought to play down talks of a split in the armed forces. Analysts say the army faces a well-armed rogue military element led by retired generals that supports the protesters and is allied with former premier Thaksin Shinawatra, ousted in 2006 coup and sentenced to prison after fleeing the country. Analysts and diplomats say both sides want to be in power in September during an annual reshuffle of the military, an institution central to protecting and upholding the monarchy. The red shirts say Abhisit came to power illegitimately in 2008, heading a coalition cobbled together with the help of the military after a court ruling dissolved a pro-Thaksin party. (Additional reporting by Viparat Jantraprap; Writing by Jason Szep; Editing by Bill Tarrant) World Thailand Comments See All Comments (1)  |  Post Comment Apr 26, 2010 12:57am EDT There are 3 theories explaining why Thaksin did not VDO call live to his Red Shirt protesters at Rajprasong area for past two weeks (after the April 10 incident when 26 people was brutally killed): Theory 1: He was too sick to call in. There were strong rumour among medical society that his treatment of Prostate gland cancer went wrong and that he has been in very serious health condition. Theory 2: He was too cautious to call in. The world is closing in for him. Due to his high profile in Thailand crisis, more and more countries rejected his requests for entry. His last few target countries for asylum are Figi, Montenegro as Dubai (UAE)is currently very unfortable with his active political movements. Theory 3: He was too smart to call in. His objective to rock the country in order to topple PM Aphisith’s government came to fruition on April 10 violence. He knew he could be prosecuted for masterminding and sponsoring terrorist acts if he kept calling in. May be a combination of reasons could explain or may be all the above are true. Thaiwithnocolor 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 Obama fulfills Cairo pledge with entrepreneur summit WASHINGTON (Reuters) - President Barack Obama launches a new effort on Monday to build business and social ties to the Muslim world, but analysts say the need for progress on big issues like Middle East peace will overshadow the initiative. Senators near agreement on financial regulation Grenade attack, rebellious north deepen Thai crisis Iran seeks to woo foreign money as sanctions loom Blast near British ambassador's convoy in Yemen Russia forces aid extradition of ex-Kyrgyz minister » More Top News Good for you, bad for company In a bonus culture gone mad, bankers pushed hard to nail the increasingly big bucks. But at what price to the long-term viability of their companies?  Full Article  America needs sensible reform now Did the SEC change Wall Street culture? executive compensation "The China I met" Reuters photographer Nir Elias learned a lot during his five years capturing China through a lens. The biggest lesson? Nothing is at it seems.  Full Article  Slideshow: Inside China China © 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. 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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