Tuesday, September 19, 2006

Miltary Coup in Thailand

Sounds like were gearing up for some Dangerous times,.....I just heard about this Miltary uprising in Thailand,.........meanwhile there Prime Minister is in NYC addressing the assembly,...............the World's Rumbling more & more,.....I would hope cooler minds prevail (everywhere),.......Seems like an awful lot of HotSpots,
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2 comments:

les__f MSN said...

Apparently Power has been seized ,without any form of resistence:   NEW YORK, Sept 19 (Reuters) - Emerging sovereign bonds eased slightly on Tuesday on news that Thai armed forces had seized the capital, Bangkok, in an apparent coup d'etat prompting the country's prime minister to declare a state of emergency. A benchmark index for emerging markets stocks, the ISHR MSCI Emerging Markets (EEM.A: Quote, Profile, Research) slid more than 2 percent on the declaration of a state of emergency by Thai Prime Minister Thaksin Shinawatra after tanks were seen surrounding Government House in Bangkok. "Emerging markets were stable but once (news from Thailand) started to filter through we have had a small down tick in Brazil and Argentina, very small but still noticeable," said Enrique Alvarez, emerging markets strategist at IDEAglobal. Thailand has $2.1 billion in dollar-denominated debt and the majority of the country's external debt matures between 2007 and 2008, analysts said. The dollar moved to 37.420 baht from 37.305 baht shortly after 11 a.m. EDT (1500 GMT) after tanks were seen moving into Bangkok. ..........................Most of your news sources will have a more detailed account of these events,should you be interested:  

les__f MSN said...

I wonder if this will affect their Tourism Business,,,,,,,,,,,which I beleive is a huge part of their economy,isn't it?