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Former Thai Prime Minister Thaksin Shinawatra, who is expected to be arrested upon his return as he ends almost two decades of self-imposed exile, gestures while flanked by his son Panthongtae Shinawatra and daughter Paetongtarn Shinawatra at Don Mueang airport in Bangkok, Thailand August 22, 2023. REUTERS/Athit Perawongmetha/File Photo Acquire Licensing RightsBANGKOK, Aug 29 (Reuters) - The daughter of Thailand's jailed former premier Thaksin Shinawatra on Tuesday said any move to seek a royal pardon for her father would be entirely "up to him" and such a process would take time. "Drafting (a pardon request) takes time and it is up to him to choose the time and process," Paetongtarn told reporters. The long-awaited return of Thaksin coincided with ally Srettha Thavisin being elected prime minister in a parliamentary vote that same day. An anti-Thaksin group has lodged a complaint at the corrections department seeking to block Thaksin from seeking a royal pardon, arguing corruption cases should not be entitled to clemency.
Persons: Thaksin Shinawatra, Panthongtae Shinawatra, Paetongtarn Shinawatra, Athit, Thailand's, Thaksin, Paetongtarn, poof, Srettha Thavisin, Pheu Thai, Chayut Setboonsarng, Martin Petty Organizations: Thai, REUTERS, Rights, Pheu Thai Party, Pheu, Thaksin, Thomson Locations: Don Mueang, Bangkok, Thailand, Rights BANGKOK
East Timor condemns Myanmar's expulsion of top diplomat
  + stars: | 2023-08-27 | by ( ) www.reuters.com   time to read: +1 min
REUTERS/Soe Zeya Tun Acquire Licensing RightsJAKARTA, Aug 27 (Reuters) - Myanmar's military government has ordered East Timor's top diplomat to leave the country, the government of East Timor - a vocal critic of Myanmar's leadership - said in a statement condemning the rare action. Myanmar's government, which assumed power in a coup in 2021, has not made any announcement on the matter and a spokesperson was not immediately available for comment. East Timor politicians have been outspoken critics of Myanmar's military government and President Jose Ramos-Horta has met with a top representative from Myanmar's shadow National Unity Government (NUG), which opposes military rule. The country's charge d'affaires must leave Myanmar by Sept. 1, NUG human rights minister Aung Myo Min said on Facebook. In protest against the 2021 coup, many countries have charges d'affaires in Myanmar instead of ambassadors.
Persons: Pope Francis, Soe Zeya, Myanmar's, Jose Ramos, Aung Myo Min, Christopher Cushing Organizations: San Football, REUTERS, Rights, East, . East, National Unity Government, Facebook, Reuters, Thomson Locations: Myanmar, Yangon, Rights JAKARTA, East Timor's, East Timor, ., . East Timor, Horta
CNN —The US State Department said Friday it “strongly condemned” the Hong Kong authorities’ “ongoing harassment” of family members of pro-democracy activists living overseas. The US said it was “particularly concerned” about recent cases involving activists like Nathan Law, Joshua Wong and Elmer Yuen whose family members and acquaintances had been “detained and questioned by Hong Kong police.”“We call on the Hong Kong authorities to cease all harassment of the democracy activists’ family members,” said spokesperson Matthew Miller. In a statement provided to CNN, Hong Kong police said its national security department had taken away two men and a woman for investigation. The Hong Kong government has repeatedly denied the national security law, imposed by Beijing in 2020, suppresses freedoms. Law and other activists have been accused of violating the national security law, with offenses ranging from collusion with foreign forces to subversion of state power.
Persons: , , Nathan Law, Joshua Wong, Elmer Yuen, , Matthew Miller, ” Miller, Law, Hong Kong – Organizations: CNN, US State Department, Hong, HK, RTHK, Basic, Sino Locations: Hong Kong, ” Hong Kong, Britain, Beijing, British
REUTERS/Athit Perawongmetha/File Photo Acquire Licensing RightsBANGKOK, Aug 25 (Reuters) - Thailand's billionaire former premier Thaksin Shinawatra was still being treated in hospital on Friday and his condition remained a concern, a senior doctor said, three days after his historic return from self-exile. The Pheu Thai Party that Thaksin founded will lead the next government. Rumours have swirled that his return could be part of a secret agreement with his rivals, which he denies. Tul has asked for physicians from outside of the hospital to examine Thaksin also. "All the rooms at the police hospital have this view," said Soponrat, the doctor at the hospital.
Persons: Thaksin Shinawatra, Athit, Thaksin, Srettha Thavisin, Tul Sittisomwong, Tul, Chayut Setboonsarng, Martin Petty Organizations: Thai, REUTERS, Rights, Thai Party, Thaksin, Thomson Locations: Don Mueang, Bangkok, Thailand, Rights BANGKOK, Dubai, Britain
Former Thai Prime Minister Thaksin Shinawatra, who is expected to be arrested upon his return as he ends almost two decades of self-imposed exile, waves at Don Mueang airport in Bangkok, Thailand August 22, 2023. RThe return of Thailand's former prime minister Thaksin Shinawatra after years of self-exile could mark the end of a chapter in the country's politics, even as some analysts believe he will still be pulling some political strings — albeit from behind. The founder of Pheu Thai party and widely seen as its de facto leader, Thaksin returned to Thailand on Tuesday after 15 years in exile, and was sentenced to eight years in prison upon his return. But he will be the key person driving Pheu Thai Party behind the scenes," said Kasem Prunratanamala, head of Thailand research at CGS-CIMB. Pheu Thai is the latest iteration of his old party Thai Rak Thai after several before were disbanded by the courts.
Persons: Thaksin Shinawatra, Thaksin, Srettha Thavisin, Kasem Prunratanamala Organizations: Thai, Chulalongkorn University's Institute of Security, International Studies, CNBC, Thai Party, CGS, Thai Rak Thai Locations: Don Mueang, Bangkok, Thailand, Thai, Pheu, Thai Rak
Wagner Group mercenary leader Yevgeny Prigozhin is believed to have died in a plane crash on August 23. Without Prigozhin, Wagner's key operations, finances, and future are unclear, experts told Insider. It's likely not "a chicken with its head cut off," Miles said because Wagner's local operations "are still in play." His mercenaries were given the choice to join the ranks of the Russian military, leave for civilian life, or join Prigozhin in Belarus. A mural depicting mercenaries of Russia's Wagner Group that reads: "Wagner Group - Russian knights."
Persons: Wagner, Yevgeny Prigozhin, it's, Simon Miles, Miles, Prigozhin, Dmitry Utkin, Sergei Shoigu, Defense Valery Gerasimov, Alexander Lukashenko, Catrina Doxsee, Doxsee, There's, Kateryna Stepanenko, Prigozhin —, , Russia's, Darko Vojinovic, Prigozhin's, ISW Organizations: Wagner Group, Service, Russian, Duke University's Sanford School of Public Policy, Soviet Union, TASS, Staff, Russian Armed Forces, Defense, Kremlin, Prigozhin, Press, REUTERS, PMC, Transnational, Center for Strategic, Ministry of Defense, Russian Ministry of Defense Locations: Russia, Wall, Silicon, Soviet, Russian, Tver, Moscow, Ukraine, Bakhmut, Rostov, Belarus, Belarusian, Africa, Concord, Latin America, Crimea, Syria, Libya, Mali
[1/4] Thailand's new Prime Minister Srettha Thavisin meets with caretaker former Prime Minister Prayuth Chan-ocha at the government house in Bangkok, Thailand August 24, 2023. Srettha sailed through a parliamentary vote to become premier on Tuesday and will head a tricky coalition that includes parties backed by a royalist military that has repeatedly manoeuvred against his Pheu Thai Party. His meeting with the outgoing premier and former army chief Prayuth Chan-ocha underscores a fragile detente in Thai politics, with Prayuth the architect of a 2014 coup against the last Pheu Thai government. Thaksin and Pheu Thai have denied the existence of a deal with their rivals in the military and conservative establishment. Prayuth, who has a testy relationship with the Shinawatra family, told Srettha healing rifts was important.
Persons: Srettha Thavisin, Prayuth Chan, Srettha, Prayuth, Pheu, Thaksin Shinawatra, Thaksin, Chayut Setboonsarng, Martin Petty, William Maclean Organizations: Government, REUTERS Acquire, Thai, Pheu Thai Party, Thomson Locations: Bangkok, Thailand, BANGKOK, Thai
Wagner Group leader Yevgeny Prigozhin is presumed dead after his plane crashed on Wednesday. It was not immediately clear if Prigozhin was on the downed plane, though his name was on the flight manifest. Yevgeny Prigozhin and Russian President Vladimir Putin in happier times — a 2010 tour of a school lunch factory outside Saint Petersburg. Following the Wednesday plane crash, US President Joe Biden suggested Putin could be behind the crash in comments to reporters. AdvertisementAdvertisementIn the early hours following the plane crash, some on social media considered the possibility that Prigozhin had somehow faked his death, perhaps sending a double in his place.
Persons: Wagner, Yevgeny Prigozhin, Putin, Prigozhin, Dmitry Utkin, Vladimir Putin, Simon Miles, Robert English, Bill Burns, Alexey Druzhinin, Burns, Miles, Alexander Lukashenko, , lelXsOcPSV, Julia Ioffe, Joe Biden, , flaunting, Sergei Surovikin, Matthew Schmidt, Schmidt Organizations: Security, Service, Russian Federal Air Transport Agency, Wagner, Duke University's Sanford School of Public, Soviet Union, University of Southern, CIA, Sputnik, Getty, Reuters, Press, Prigozhin, New York Times, University of New, Pentagon, Kremlin Locations: Russian, Wall, Silicon, Moscow, Russia, Soviet, Ukraine, University of Southern California, Soviet Union, Eastern Europe, Saint Petersburg, Aspen, Belarus, St . Petersburg, Africa, Belarusian, Concord, University of New Haven
Yevgeny Prigozhin, owner of the Wagner Group military company, arrives during a funeral ceremony at the Troyekurovskoye Cemetery in Moscow, April 8, 2023. WASHINGTON — Russian President Vladimir Putin broke his silence Thursday in quick, impersonal remarks to the families involved in the fatal plane crash believed to have killed Wagner mercenary boss Yevgeny Prigozhin. "With regard to this plane crash, first of all, I want to express my sincere condolences to the families of all the victims. The Pentagon said Thursday that initial intelligence indicates that the Wagner chief died in the Wednesday plane crash. "No real surprise here, it's a marker of how lethal, and how deadly and how unscrupulous Vladimir Putin is," Stavridis added.
Persons: Yevgeny Prigozhin, WASHINGTON, Vladimir Putin, Wagner, Prigozhin, It's, Putin, we're, Pat Ryder, Ryder, Ben Rhodes, Rhodes, James Stavridis, Stavridis, Volodymyr Zelenskyy, Zelenskyy Organizations: Wagner Group, WASHINGTON —, Pentagon, Wednesday, . Air Force, CNBC, NBC News, MSNBC, Former U.S . Navy, NATO, Kyiv Locations: Moscow, WASHINGTON — Russian, Ukraine, Russian, St, Petersburg
[1/4] Thailand's new Prime Minister Srettha Thavisin meets with caretaker former Prime Minister Prayuth Chan-ocha at the government house in Bangkok, Thailand August 24, 2023. Government House/Handouts via REUTERS Acquire Licensing RightsBANGKOK, Aug 24 (Reuters) - Thai Prime Minister Srettha Thavisin discussed overcoming political divisions with predecessor Prayuth Chan-ocha on Thursday, in his first meeting as premier as he prepares to form a cabinet from a crowded 11-party alliance that includes fierce rivals. Srettha sailed through a parliamentary vote to become premier on Tuesday and will head a tricky coalition that includes parties backed by the military, which has repeatedly manoeuvred to topple governments led by his Pheu Thai Party. Thursday's meeting underscores a fragile detente in Thai politics, with Prayuth the architect of a 2014 coup against the last Pheu Thai government as chief of the ultra-royalist army. He and Pheu Thai have denied the existence of a deal with their rivals in the military and conservative establishment.
Persons: Srettha Thavisin, Prayuth Chan, ocha, Srettha, Prayuth, Pheu, Thaksin Shinawatra, Thaksin, Chayut Setboonsarng, Martin Petty Organizations: Government, REUTERS Acquire, Rights, Thai, Thai Party, Pheu, Media, Thomson Locations: Bangkok, Thailand, Rights BANGKOK, Thai
Wagner boss Yevgeny Prigozhin was "exiled" to Belarus after staging a short-lived mutiny in Russia. Here's what we know about what he was up to before Russian officials say he was killed in a plane crash. Belarus President Alexander Lukashenko, who said he talked Putin out of assassinating Prigozhin, said that the Wagner boss had arrived in the country. July 4-6: Back in Russia after raid on St. Petersburg homeThe Russian media outlet Fontanka reported Prigozhin arrived in St. Petersburg on July 4. August 24: Prigozhin was on a private jet that crashed in RussiaAlmost two months to the day since his armed rebellion, Prigozhin was killed in a plane crash, according to Russian officials.
Persons: Wagner, Yevgeny Prigozhin, Vladimir Putin's, Prigozhin, Simon Miles, Putin, Alexander Lukashenko, Lukashenko, Jake Epstein, Freddy Mapouka Organizations: Service, Russian, Duke University's Sanford School of Public, Soviet Union, Fox News, Putin, Kremlin, Pentagon, New York Times, Central African, Associated Press Locations: Belarus, Russia, Wall, Silicon, Soviet, Ukraine, Moscow, Russian, St, Petersburg, St . Petersburg, Belarusian, Africa, Central African Republic
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer Thai Prime Minister Thaksin may not be in jail for as long as expected, professor saysPunchada Sirivunnabood, associate professor at Bangkok's Mahidol University, discusses the return of former prime minister of Thailand, Thaksin Shinawatra, who has been jailed after years in exile.
Persons: Thaksin, Punchada Sirivunnabood, Thaksin Shinawatra Organizations: Former Thai, Bangkok's Mahidol University Locations: Thailand
Thailand’s former Prime Minister Thaksin Shinawatra has been moved from prison to hospital, just hours after his return to the country from a 15-year exile. Cash-strapped Zimbabwe heads to the polls. Plus, the man known as “General Armageddon” is replaced as head of the Russian air force and a dramatic high wire rescue in Pakistan. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. Further ReadingThailand's billionaire ex-PM Thaksin moved to hospital on first night in jailZimbabweans vote but hopes of ending economic freefall appear dimSouth Africa, China sign power deals during BRICS summitOur Standards: The Thomson Reuters Trust Principles.
Persons: Thaksin Shinawatra, Cash, Thaksin Organizations: Apple, Google, Reuters, Thomson, Reading Locations: Zimbabwe, Pakistan, Africa, China
Former Thai Prime Minister Thaksin Shinawatra (C), son Panthongtae (L) and daughter Pinthongta (R) greet supporters after his return to Thailand at the private jet terminal at Don Mueang Airport in Bangkok. Thailand's former Prime Minister Thaksin Shinawatra was moved to hospital overnight, officials said on Wednesday, over concern about his heart and high blood pressure on his first night in jail following his historic return from self-exile. Thaksin made his homecoming on Tuesday and was escorted to jail in dramatic scenes that stole the spotlight from political ally Srettha Thavisin, who was elected prime minister in a parliamentary vote later in the day. The Pheu Thai Party's Srettha was confirmed as prime minister having received royal endorsement, a parliament official said on Wednesday. Police said Thaksin was hospitalized because the prison was unable to guarantee he would get the right care.
Persons: Thaksin Shinawatra, Panthongtae, Pinthongta, Thaksin, Pheu, Srettha Thavisin, Srettha, General Prachuab Wongsuk Organizations: Thai, Don Mueang, Reuters, Corrections Department, Wednesday . Police, National Police Locations: Thailand, Don, Bangkok
Russian media reports say Yevgeny Prigozhin was listed as a passenger on a plane that crashed. It's unclear if the Wagner Group leader was on the plane that went down near Moscow, but he is believed to have been killed. It's not immediately clear if the mercenary boss was on board, but he was on the passenger list. AdvertisementAdvertisementBefore it became a disgraced organization in the wake of Prigozhin's failed coup, the Wagner Group fought in Ukraine alongside the regular Russian army. Some Western officials suggested that Russian President Vladimir Putin might opt to deal with the betrayal at a later date.
Persons: Yevgeny Prigozhin, Wagner, It's, Prigozhin, Adrienne Watson, Prigozhin's, Vladimir Putin, Putin, Bill Burns Organizations: Wagner Group, Service, Group, TASS, Embraer, Federal Agency for Air Transport, National, US State Department, Kremlin, CIA Locations: Moscow, Wall, Silicon, Tver, St, Petersburg, Tver Region, Russia, Africa, Belarus, Ukraine, Rostov, Belarusian
Delegates walk past the logos of the BRICS summit during the 2023 BRICS Summit at the Sandton Convention Centre in Johannesburg, South Africa on August 23, 2023. WHY DOES LULA WANT A BRICS CURRENCY? A BRICS currency "increases our payment options and reduces our vulnerabilities," he told the summit's opening plenary session. In July, India's foreign minister said, "there is no idea of a BRICS currency". WHAT ARE THE CHALLENGES OF SETTING UP A BRICS CURRENCY?
Persons: GIANLUIGI, Luiz Inacio Lula da Silva, LULA, doesn't, Vladimir Putin, Xi Jinping, Lesetja Kganyago, you've, Kganyago, Herbert Poenisch, Putin, Rachel Savage, Ethan Wang, Marcela Ayres, Gabriel Stargardter, Naomi Rovnick, Libby George, Marc Jones, John Stonestreet Organizations: REUTERS Acquire, Rights, Mercosur, South, Zhejiang University, Federal Reserve, FX, International Monetary Fund, Bank of International, Thomson Locations: Sandton, Johannesburg, South Africa, Rights JOHANNESBURG, Brazil, Russia, India, China, Russian, videolink, African, Ukraine, Beijing, Brasilia, Rio de Janeiro, London
Former Thai Prime Minister Thaksin Shinawatra, who is expected to be arrested upon his return as he ends almost two decades of self-imposed exile, pays his respects to a portrait of Thailand's King Maha Vajiralongkorn and Queen Suthida at Don Mueang airport in Bangkok, Thailand August 22, 2023. The latest condition of 74-year-old Thaksin, the billionaire founder of the populist juggernaut Pheu Thai, was not clear on Wednesday and his representatives did not immediately respond to a request from Reuters for comment. The Pheu Thai Party's Srettha was confirmed as prime minister having received royal endorsement, a parliament official said on Wednesday. Police said Thaksin was hospitalised because the prison was unable to guarantee he would get the right care. Thaksin and Pheu Thai have denied that.
Persons: Thaksin Shinawatra, Thailand's, Maha Vajiralongkorn, Suthida, Athit, Thaksin, Srettha, Pheu, Srettha Thavisin, General Prachuab Wongsuk, Ayuth Sintoppant, Panarat Thepgumpanat, Panu, Martin Petty, Michael Perry, Robert Birsel Organizations: Thai, REUTERS, Reuters, Corrections Department, Wednesday . Police, National Police, Supreme, Thomson Locations: Don Mueang, Bangkok, Thailand, BANGKOK
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
CNN —Thailand’s parliament on Tuesday voted for real estate tycoon Srettha Thavisin to be the country’s next prime minister, bringing an end to three months of political deadlock. Srettha, 60, was the sole candidate put forward by the populist Pheu Thai Party and received 482 votes out of a possible 747 in Thailand’s bicameral parliament. “I want to be a prime minister who can make the difference,” Srettha told CNN. During campaigning, Pheu Thai pledged to give 10,000 baht (about $300) in a digital wallet to every citizen over the age of 16. But with an 11-member coalition that includes bitter military rivals, it is unclear whether Pheu Thai can govern effectively.
Persons: CNN —, Srettha Thavisin, Thaksin Shinawatra, Srettha, Pheu Thai, Pracharath, Prayut Chan, Pheu Thai’s, Thaksin’s, Yingluck Shinawatra, Thais, Thaksin, , ” Srettha Organizations: CNN, Pheu Thai Party, Pheu Thai, United Thai Nation Party, National Institute of Development Administration, Reuters, , Claremont Graduate School, Procter & Gamble Locations: Thailand, Pheu, Thai, “ Thailand, United Kingdom, United States
BANGKOK, Aug 22 (Reuters) - When Thailand's deposed prime minister Thaksin Shinawatra went into self-imposed exile in 2008 facing a raft of corruption charges following his ouster in a military coup, he issued a hand-written note. Thaksin has been Thailand's most prominent politician for decades, retaining outsized influence despite the years away. "It closes a crucial chapter in Thailand's politics," Thitinan Pongsudhirak, a political scientist at Chulalongkorn University, said of Thaksin's return. A shrewd operator who rarely minces his words, an increasingly wealthy Thaksin entered politics in the mid-1990s, initially serving as foreign minister and then deputy prime minister. But the brash Thaksin, who called himself Thailand's first "CEO prime minister", faced royalist accusations that he was undermining the revered monarchy, which he denied.
Persons: Thailand's, Thaksin Shinawatra, Thaksin, Thaksin's, Yingluck Shinawatra, Critics, watchdogs, Chalinee, Chiang Mai, Love Thais, Devjyot Ghoshal, Chayut Setboonsarng, Panu, Robert Birsel Organizations: Thaksin, Chulalongkorn University, Thai, REUTERS, Rights, Shin Corporation, Thai Rak Thai, Singapore's Temasek, Premier League, Manchester City, Thomson Locations: BANGKOK, Bangkok, Thailand, Chiang, United States, Thai, Britain
Former Thai Prime Minister Thaksin Shinawatra looks on as he speaks to Reuters during an interview in Singapore February 23, 2016. REUTERS/Edgar Su/File Photo Acquire Licensing RightsBANGKOK, Aug 22 (Reuters) - A jet reported by Thai media to be carrying the fugitive former premier Thaksin Shinawatra touched down at an airport in Bangkok on Tuesday, according to live television footage. Thaksin, who was ousted in a coup and jailed in absentia in 2008 for abuse of power, has been in self-exile for 17 years and was due to be detained on arrival, according to police. Reporting by Panarat Thepgumpanat, Panu Wongcha-um, and Chayut Setboonsarng; Editing by Martin PettyOur Standards: The Thomson Reuters Trust Principles.
Persons: Thaksin Shinawatra, Edgar Su, Thaksin, Panarat Thepgumpanat, Panu, Chayut, Martin Petty Organizations: Thai, Reuters, REUTERS, Rights, Thomson Locations: Singapore, Rights BANGKOK, Bangkok
PoliticsFormer Thai PM Thaksin lands in Thailand after exilePostedFormer Thai premier Thaksin Shinawatra returned to Thailand on Tuesday (August 22) after 17 years of exile, a historic homecoming that coincides with a bid by his political allies to form a new government with some of its biggest rivals.
Persons: Thaksin Shinawatra Organizations: Former Thai, Thaksin, Thai Locations: Thailand
Fmr. Thai prime minister jailed after 15 years in exile
  + stars: | 2023-08-22 | by ( Kate Sammer | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFmr. Thai prime minister jailed after 15 years in exileFollowing his return from exile, Thailand's former prime minister, Thaksin Shinawatra, was arrested in Bangkok on Tuesday.
Persons: Thaksin Shinawatra Locations: Bangkok
Morning Bid: Skyrocketing yields in the spotlight
  + stars: | 2023-08-22 | by ( ) www.reuters.com   time to read: +3 min
REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsA look at the day ahead in European and global markets from Tom WestbrookBond selling extended on Tuesday to drive 10-year Treasury yields to fresh 16-year highs in Asia trade and leave already-nervous stock markets cautious. But it isn't inflation, as inflation expectations have hardly budged -- investors are plainly demanding a higher return to keep on buying the stuff. Some analysts have drawn attention to the coincidence of timing between the selloff and the Bank of Japan's signal that it would allow 10-year Japanese yields as high as 1%. Small beer on the data calendar on Tuesday will keep the focus on yields and on Fed Chair Jerome Powell's Jackson Hole speech on Friday. The yen took a small boost on the risk of intervention after Bank of Japan Governor Kazuo Ueda met with Prime Minister Fumio Kishida.
Persons: Dado Ruvic, Tom Westbrook Bond, Jackson, Jerome Powell's Jackson, HSI, Thaksin Shinawatra, Kazuo Ueda, Fumio Kishida, Ueda, Shri Navaratnam Organizations: REUTERS, Bank of, BHP Group, Bank of Japan, Reuters, Better, Thomson Locations: Asia, Shanghai, Hong Kong, China, Bangkok
Thailand has been under a caretaker government since March and its new parliament has been deadlocked for weeks after anti-establishment election winners Move Forward were blocked by conservative lawmakers, leaving populist heavyweight Pheu Thai to lead a new effort. Srettha said on Monday Pheu Thai had failed to secure the outright majority it had targeted, so its only chance of governing was in partnership with some rivals it had vowed not to work with. Still, he seems determined and confident to follow through this time, however, with widespread speculation that Pheu Thai's alliance with its enemies is part of a behind-the-scenes deal Thaksin may have struck to allow his return. Pheu Thai has denied Thaksin's involvement in its bid to form a government and the former leader has for months denied conspiring with the generals who led coups against him and sister Yingluck Shinawatra in 2006 and 2014. "Tomorrow, at 9 a.m., I want permission to come back to live on Thai soil and breathe the air with other Thai people," Thaksin said on social media platform X, formerly Twitter.
Persons: Srettha Thavisin, Athit, Pheu, Thaksin, Thaksin Shinawatra, Srettha, Thai, upstarts, Yingluck Shinawatra, Martin Petty, Mark Heinrich Our Organizations: REUTERS, Ex, Thai Party, English Premier League football, Thaksin, Thomson Locations: Bangkok, Thailand, BANGKOK
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