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☆ Thailand has a new leader but it's not the one people voted for. Here's why
  + stars: | 2023-08-23 | by ( Helen Regan | ) edition.cnn.com   time to read: +10 min
Protesters walk through smoke after setting fire to mock corpses during a protest at Pheu Thai Party headquarters in Bangkok on August 2, 2023. It formed a coalition with other like-minded parties, including runners up Pheu Thai. Former Thai Prime Minister Thaksin Shinawatra flanked by his son Panthongtae Shinawatra and daughter Paetongtarn Shinawatra at Don Mueang airport in Bangkok, Thailand August 22, 2023. “I want to be a prime minister who can make the difference,” Srettha previously told CNN. But with an 11-member coalition that includes bitter rivals, it’s unclear whether Srettha and Pheu Thai will be able to govern effectively.
Persons: staved, Srettha Thavisin, Thaksin Shinawatra, Thaksin, Thais, Valeria Mongelli, Hans Lucas, lese, Pita Limjaroenrat, Pita, Pheu, Pheu Thai, Thaksin’s, Shinatwatra, ”, Thitinan Pongsudhirak, Panthongtae Shinawatra, Paetongtarn Shinawatra, Athit, ” Thitinan, Yingluck Shinawatra, “, Strettha, Thailand’s King Vajiralongkorn, Srettha, Prayut Chan Organizations: CNN, Party, Pheu Thai Party, Reuters, Pheu, Senate, Chulalongkorn University . Former Thai, Thaksin, Manchester City Football Club, Thai, Facebook, Thai Corrections Department, Procter & Gamble, Bangkok Post Locations: Thailand, Bangkok, Senate, Thai, Pheu Thai, Don Mueang
☆ Thaksin Shinawatra: Ousted former PM returns to Thailand after 15 years of self-exile
  + stars: | 2023-08-21 | by ( Helen Regan Jessie Yeung Kocha Olarn | Helen Regan | Jessie Yeung | ) edition.cnn.com   time to read: +10 min
The former prime minister then left on a police truck, headed to the Supreme Court. The Thaksin-backed Pheu Thai party, which came second in the May election, will nominate its choice for the country’s next leader Tuesday: real estate mogul Srettha Thavisin. Former Thai Prime Minister Thaksin Shinawatra while flanked by his son Panthongtae Shinawatra and daughter Paetongtarn Shinawatra at Don Mueang airport in Bangkok, Thailand on August 22. Pheu Thai Party leader Cholnan Srikaew said in a statement Monday that the coalition would not include Move Forward Party, which won the most votes in the election. In 2006, Thaksin was ousted and, facing a potential prison sentence over corruption charges, went into self-imposed exile.
Persons: Thaksin Shinawatra, Thaksin, Thaksin’s, Yingluck Shinawatra, Paetongtarn, Srettha Thavisin, Palang Pracharath, Prayut Chan, Yingluck, Panthongtae Shinawatra, Paetongtarn Shinawatra, Athit, Thais, Cholnan Srikaew, –, ”, Thitinan Pongsudhirak, Prayut, “, “ We’ve, ” Thitinan Organizations: CNN, Manchester City Football Club, UN, Mueang International, Supreme, Thaksin, United Thai Nation Party, Thai, Thai Party, Party, National Institute of Development Administration, Reuters, Facebook, Institute of Security, Studies, Chulalongkorn University, Forward Party Locations: Thailand, New York, Singapore, Bangkok’s, Thai, Don Mueang, Bangkok
☆ Abu Dhabi shakes up wealth funds with top royals chairing
  + stars: | 2023-03-09 | by ( Yousef Saba | ) www.reuters.com   time to read: +2 min
DUBAI, March 9 (Reuters) - Abu Dhabi announced a reshuffle at the top of its two biggest sovereign wealth funds on Thursday, appointing senior members of the royal family as chairmen. Sheikh Tahnoun bin Zayed Al Nahyan, one of the most powerful members of Abu Dhabi's royal family, was named chair of the Abu Dhabi Investment Authority (ADIA), among the world's largest sovereign wealth funds, the government's media office said. ADIA is estimated by Global SWF to manage $993 billion in assets, while the Sovereign Wealth Fund Institute puts the figure at $790 billion. The wealth fund's last chairman was the previous UAE president, Sheikh Khalifa bin Zayed Al Nahyan, who died last year. MORE NEWCOMERSThe UAE president is appointing his brothers as chairmen at state sovereign wealth funds rather than chairing them himself.
☆ Manchester City Accused of Financial Breaches by English Premier League
  + stars: | 2023-02-06 | by ( Gareth Vipers | ) www.wsj.com   time to read: +1 min
LONDON—The English Premier League accused Manchester City Football Club, the league’s current champion and one of its most-storied teams, of breaching the league’s financial regulations over almost a decade, in a sweeping critique of the club’s financial management. Representatives for Manchester City, the league’s current champions, didn’t immediately respond to a request for comment. The Premier League has a number of financial rules in place, including requirements for clubs to submit annual accounts and disclose payments made to agents. Clubs found to have breached the league’s governing rules can face expulsion from the competition, fines and points deductions. The league said Monday that it would appoint an independent commission to consider the charges against Manchester City.
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