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Friday, 21 May 2010 - Early Thai election possible: finance minister |
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    Read more with google mobile : Early Thai election possible: finance minister |

    Edition: U.S. Article Comments (12) Slideshow Video Save Email Print Reprints Most Popular Most Shared South Korea vows caution over ship as North sees war | Video 2:13am EDT Early Thai election possible: finance minister | Video 3:03am EDT Calderon urges U.S. to reinstate assault weapons ban 20 May 2010 Artificial life? Synthetic genes 'boot up' cell 20 May 2010 Asian stocks dive although euro edges up | Video 2:34am EDT WRAPUP 1-Oil fouls Louisiana, BP scrambles to contain spill 1:01am EDT Annoyed by cellphones? Scientists explain why 20 May 2010 Europe Factors-Shares set to extend strong sell-off 1:12am EDT U.S. reverses stance on treaty to regulate arms trade 14 Oct 2009 Senate approves sweeping Wall St. reform bill | Video 1:01am EDT Artificial life? 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Scientists explain why 20 May 2010 Ninjas rescue student from muggers 20 May 2010 Early Thai election possible: finance minister | Video 3:03am EDT UPDATE 4-Toyota gets Tesla stake, Tesla gets Toyota factory 3:07am EDT Oil fouls Louisiana as BP scrambles to contain spill | Video 1:06am EDT Can chocolate fight aging and make your skin glow? 20 May 2010 Early Thai election possible: finance minister Michael Perry and Ploy Ten Kate BANGKOK Fri May 21, 2010 3:03am EDT Related News Thai Central: mall may be partly restored in 6 months 2:17am EDT Thai economy to recover fast: finance minister 3:03am EDT Related Video Bangkok begins recovery process Thu, May 20 2010 Red shirt leaders surrender Rioting and fires sweep Bangkok Thai army conducts military op < 1 / 40 > View Full Size BANGKOK (Reuters) - Thailand, battered by the worst political violence in its modern history, may hold fresh elections, possibly as early as November, the country's finance minister said on Friday. World  |  Thailand Troops manned razor-wire roadblocks and searched vehicles for weapons in Bangkok on Friday, two days after they ended nine-weeks of anti-government protests. Hundreds of troops again swept through the capital's posh central shopping area, once a barricaded camp for thousands of "red shirt" protesters, searching for weapons and explosives in the now-deserted battleground. Department stores still smoldered after Wednesday's violence. Anti-government "red shirt" protesters have demanded new elections, saying Prime Minister Abhisit Vejjajiva lacks a popular mandate after coming to power in a controversial parliamentary vote in 2008 with tacit military support. Abhisit last week withdrew an offer of fresh elections. But Finance Minister Korn Chatikavanij said he still expected an early poll, adding it was highly unlikely the government would stay in office for its full term that ends in 2012. Korn told a news conference in Tokyo he could not be sure if Thailand would hold an election in November, but he would not rule out the possibility. The prime minister will address the nation in a live television broadcast on Friday, a government spokesman said. Cleaning ladies scrubbed the entrances to Bangkok's ritziest stores on Friday to remove soot left from burning tire barricades. Firemen trained a hose on a mass of rubble and twisted metal that was once part of Central World, Southeast Asia's second-largest department store. Outside the 6 sq-km (2.3 sq-mile) ringed-off area, Bangkok's chaotic traffic clogged roads as travelers were forced around the military zone. Many shops and banks were closed, public transport was limited and a week-long public holiday ensured many of the 15 million residents stayed at home. Finance minister Korn expressed confidence that the economy would pick up fairly quickly if the stability seen over the past 24 hours was maintained. But he acknowledged that tourism, which employs at least 15 percent of the workforce and accounts for 6 percent of the economy, would take much longer to recover. "Clearly, with the events that took place the past several weeks and pictures of those events flashing across TV screens around the world, it is going to have a very disastrous impact on tourism as a sector, probably, frankly speaking, for the remainder of the year," Korn said at a seminar in Tokyo. A NATION DIVIDED With an overnight curfew in force for at least two more nights and mopping-up operations continuing under a state of emergency, officials may have their work cut out trying to reassure foreign investors and tourists Thailand is safe. "This has gravely shaken confidence in Thailand. What businesses need now is that the government and security forces restore law and order and existing businesses can resume their operations," Nandor von der Luehe, chairman of the Joint Foreign Chambers of Commerce of Thailand, told Reuters. "At the same time, the government should ensure that the armed elements do not go underground and start a guerrilla war in Bangkok and around the country. If such a scenario happened, it would drive businesses away from Thailand," he said. The military crackdown on the nine-week anti-government protest in Bangkok began before dawn on Wednesday, killing at least 15 people and wounding nearly 100. Erawan Emergency Medical Center said 52 people had died and 408 were wounded in the latest flare-up since May 14. Dozens of buildings were torched, including many banks and the stock exchange. The stock market is closed but the central bank said banks inside shopping malls could reopen on Friday. Modern Thailand has never seen such a protracted period of urban violence or teetered so close to full civil conflict. "Thailand has become a nation deeply divided, and although talk of a civil war may still be premature, there is a high risk that civil unrest and political violence will not be contained," said Danny Richards at the Economist Intelligence Unit. The red shirts want fresh elections, saying Prime Minister Abhisit Vejjajiva lacks a popular mandate after coming to power in a controversial parliamentary vote in 2008 with tacit military support. Abhisit last week withdrew an offer of fresh elections. The red shirts broadly support former premier Thaksin Shinawatra, ousted by the military in 2006 and now living in self-imposed exile to avoid a jail term for abuse of power. Thaksin has been sighted in Paris recently and had planned to hold a news conference there to discuss events in Bangkok, but the French authorities have warned him off. "Given the context of violence in Thailand ... we informed Mr. Thaksin, who is on a private trip, that he should avoid making any public displays or statements during his stay on our territory," French Foreign Ministry spokesman Bruno Valero said. (Additional reporting by Viparat Jantraprap; Editing by Alan Raybould) World Thailand Comments See All Comments (12)  |  Post Comment May 20, 2010 11:02pm EDT I don’t think I could wear the color Red anymore, such is my shame/guilt if I were a Red. MattBkk Report As Abusive     May 20, 2010 11:39pm EDT Bravo to the French for silencing Thaksin! Thaksin is ultimately responsible for funding the Red Shirts and inciting the violence here in Bangkok. He could have condemned the violence but did not. His lawyer did not (while admitting to the BBC he did not know Thaksin was funding it..what load of crap!). Thaksin’s problem started years ago when he deceitfully used his political power to manipulate private business deals to amass a fortune. Now in supporting this failed attempt to regain power though the Red Shirts he has succeeded in branding himself as a terrorist and a coward. Thaksin wants revenge on the Thai government, and has used his money to buy the souls of the uneducated rural poor to support his selfish political agenda. What a scumbag! I hope he rots in his own arrogance in Montenegro and never sets foot on Thai soil again unless he’s ready to serve jail time. Wimp! rawbkk Report As Abusive     May 20, 2010 11:44pm EDT i don’t know if i should be sorry for bangkok. thaksin was a deputy-PM in chavalit gov and people in that gov are well know of bankruptcy thailand during the asian financial crisis some 10+years ago. !!!then thai people re-elect the whole klan back and this time thaksin was a PM! after thaksin took power only 4 months, he was convinced with a cover-up on his assets report to the public. he was about to loose his PM status. !!!then Bangkok resident protesting pressuring the court to let him go. after that he, his family, and his friend rampage thailand with massive corruption and abusing of power for 5-6 years with strong support from the rural. the urban made up another mob, this time try to kick him out, and the unthinkable happen when the military launch a coup to kick thaksin out. !!!then the bangkok resident support the coup!!! hollys**t, bangkok you see how bad you behave? you help elected bad guy back to rob your own country after they bankruptcy your country then you help bad guy stay in power and then you support a totally un-democracy coup and call that is for democracy!!! all in all i think you are the one invite the robber into your house let them stay over the night and you let him invite more of his robber friend in, what you expect? don’t blame anyone for this, blame yourself. paradiseLost Report As Abusive     May 20, 2010 11:53pm EDT I live in Bangkok and I feel sorry for the families of those who lost their lives, and businesses. The most sensible thing I’ve heard form the Red was from one of the Red Shirt leaders who turned himself into the police admitted yesterday and on national Thai said, “You cannot make democracy through revenge and anger”. Non violent civil disobedience is an act of a humble heart which the Red Shirts could never demonstrate because it’s source is Thaksin. rawbkk Report As Abusive     May 20, 2010 11:54pm EDT now i also see abisit as a PM today. he is a good guy but not a guy for this hour. he got a full year to make understand, to talk to people from the north and northeast, but he did nothing!!! he got so many information on the red leader plan to burn bangkok, their weapon, their men-in-black militant, even the source of their funding. but again he did nothing. and now bangkok is burned as the red leaders promise, now i hope abisit happy. and believe me, he will also to do nothing after this incident pass. he will not start talk for a better understanding with the north and northeast, and we will either see they back next year. or see the pro-thaksin win next election then they will try to bring thaksin back to power free of wrongdoing charge, and bangkok will see another mob waring yellow. good luck thailand, you either has a very strong leader but he is supper corrupt, or a very very morally good man, but he don’t know how to work as a real leader. paradiseLost Report As Abusive     May 21, 2010 12:02am EDT It was reported that Thaksin claims to be a reincarnated King of Thailand. What is he smoking in Montenegro? The coup was an unwise attempt to stop this man from dismantling the monarchy through buying the poor and dividing the country. It’s common knowledge here in Thailand that he had already talked of plans for his presidential mansion in the North of Thailand before he was deposed as PM. The coup may not have been the best answer to the problem but Thaksin is a renegade terrorist and should be monitored by the international and allies of Thailand. He will try to strike again through other violent means. This man is like a child in an aging adult body. rawbkk Report As Abusive     May 21, 2010 12:08am EDT The Thai government was too indecisive and let the Red Shirts set up and cause turmoil in Bangkok. PM Abisit better get a clue. rawbkk Report As Abusive     May 21, 2010 12:15am EDT rawbkk, The coup should have never been the answer for any democracy state. buy support the coup you show the red an unlawful recipe of disaster. and now bangkok get to eat the real awful medicine base on their own unlawful recipe. that why i said don’t forget to blame yourself too. many people have said that soon after we see bangkok resident turn to support the troops, but no one listen. it was the same as when we tell to let thaksin go during his first conviction 4 months into his PM. majority of bangkok resident didn’t listen back then too. now i will give you another warning on what abisit do. he “must” talk and make understand with the rural north and northeast soon. and you better stop call them stupid but also show your understanding of their problem. but i am sure no one will listen and think about it. after all that what make thai’s thai paradiseLost Report As Abusive     May 21, 2010 12:42am EDT Interesting to see who will pay for the fires; those leasees and renters whom have lost not only their livelihoods but also may face eviction because of it all. To burn and destroy is terrorism and Adhisit should have nipped it in the bud at the start instead of allowing the REDS to accumulate and multiply. Many of course were paid by Chavalit, the Shinawatras and their wealthy followers but to see how people can be bought is sad but the worst is the fanaticsm that saw the devastation for what!!. tamtam Report As Abusive       See All Comments (12)       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.   © 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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