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![]() Their Majesties the King and the Queen head to the Royal Plaza for the traditional Trooping of the Colours by the royal guards in honour of the King's 81st birthday on Friday. - Chanat Katanyu Although it was much anticipated, the Constitution Court's verdict dissolving the three coalition parties is not likely to put an end to Thailand's protracted political crisis. The political face-off between the People's Alliance for Democracy (PAD) and the Somchai Wongsawat government has not only seriously caused great political instability, but also tremendously damaged the country's international standing and reputation. The seizure of Bangkok's two airports and an air control tower by supporters of the People's Alliance for Democracy raises a serious question about the security of Thailand's main aviation infrastructure and the gateway to the Kingdom. COMMENTARY Public Health Minister Chalerm Yubamrung has emerged as a possible new prime minister after Somchai Wongsawat was disqualified by the Constitution Court in the dissolution cases against his People Power party (PPP). Guardsmen renew oath of allegiance His Majesty the King yesterday reminded the royal guards to perform their duty to the best of their ability and be strong, patient and tolerant. PAD rejoices with warning to govt not to provoke it The People's Alliance for Democracy declared an end to its marathon 192-day protest after the key coalition parties were ordered dissolved yesterday. xxx
SET down 0.9% in volatile trading day Thai stocks fell 0.92% yesterday in a roller-coaster session dominated by domestic politics. Court ruling could worsen economic downturn The political vacuum created by the Constitutional Court ruling yesterday could result in further damage to Thailand's ailing economy as key stimulus programmes and measures are delayed pending the formation of a new government. Interest rate cut expected today The financial market expects the Bank of Thailand to reduce its benchmark one-day repurchase interest rate by between 25 and 50 basis points today, even though the economy has deteriorated quickly in the past few months. During the political crisis, athletes need extra strength and stamina to cope with long and winding trips to or from their destination. Four top 20 players will take part in the PTT Pattaya Open tennis tournament in February. Gerrard has given us many memories Well ... Liverpool managed to go top of the English Premiership table despite a goalless draw at Anfield against West Ham. I guess I will have to thank Robin van Persie for his double against Chelsea on Sunday then! |
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