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Thailand’s political drama raises the stakes
  + stars: | 2023-07-20 | by ( ) www.reuters.com   time to read: +2 min
SINGAPORE, July 20 (Reuters Breakingviews) - Investors in Thailand are long used to twists and turns in the country’s politics but a court’s move on Wednesday to suspend the leader of the election-winning Move Forward Party as a lawmaker has raised the stakes. Pita Limjaroenrat's supporters are protesting as it’s now unlikely that the liberal and would-be aggressive reformer of the underperforming $500 billion economy will become the prime minister. It’s not a good outcome, however. Opinions expressed are those of the author. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Pita Limjaroenrat's, Pita, It’s, It's, whir, Xavier Niel’s, Una Galani, Thomas Shum Organizations: Reuters, Investors, Party, SETI, Gulf Energy, Asian Development Bank, Twitter, Xavier Niel’s GAM, Commonwealth Games, Thomson Locations: SINGAPORE, Thailand, Asia
Thailand's Pita Limjaroenrat may get another shot at the country's prime minister job next week. But his path to potential power remains unclear, especially if the leader of the country's Move Forward Party does not budge from his election pledge to amend a law that prohibits criticism of the monarchy. Limjaroenrat fell 51 votes short of the majority he needed from the 749 members of Thailand's bicameral National Assembly for the top job in a first parliamentary vote on Thursday. Forty-two-year-old Pita, who attended Harvard Kennedy School, will be able to stand for prime minister if nominated again by his eight-party alliance. Otherwise, Pheu Thai — the second-largest party in the eight-party coalition with Move Forward — may also put forward its own candidate from among the three candidates the party had earlier surfaced.
Persons: Thailand's Pita Limjaroenrat, Limjaroenrat, Grace Lim, Pita, Paetongtarn Shinawatra, Thaksin Shinawatra, Srettha Thavisin, Chaikasem Nitisiri Organizations: National Assembly, Senate, Moody's Investors, Harvard Kennedy School Locations: Southeast Asia's
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