Article taken from press in last few minutes :
Thailand: Intensifying Coup Rumors
June 13, 2007 15 37 GMT
Rumors of another coup in Thailand are again spreading through Bangkok, eliciting government denials and calls for calm. The most recent rumor began circulating the night of June 13, suggesting that a coup was mere hours away. Though such rumors have circulated several times in the past week, this latest one appears more urgent.
Breaking News : New counter coup rumors in BKK
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lockwood74
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lockwood74
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coup rumors
Try this link, there are a few news agencies reporting this news :
http://www.stratfor.com/products/premiu ... ?id=290244
Kind Regards
John
http://www.stratfor.com/products/premiu ... ?id=290244
Kind Regards
John
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lockwood74
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lockwood74
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Coup Rumor
Thailand: Intensifying Coup Rumors
June 13, 2007 15 37 GMT
Rumors of another coup in Thailand are again spreading through Bangkok, eliciting government denials and calls for calm. The most recent rumor began circulating the night of June 13, suggesting that a coup was mere hours away. Though such rumors have circulated several times in the past week, this latest one appears more urgent.
According to information from Bangkok, the military, under Thai army chief Gen. Sonthi Boonyaratglin, intends to remove interim Prime Minister Gen. Surayud Chulanont. Growing fractures between the prime minister and the military have been emerging. Though there are suggestions that Surayud's recent invitation to ousted Prime Minister Thaksin Shinawatra to return was the breaking point for the military, the level of contradictory statements from the two has been a source of friction for some time.
There are numerous bureaucrats the military could put in place to replace Surayud, and the military would likely say a constitutional referendum and the transition to civilian rule will remain on track (though inevitably there will be another delay). More directly, the transition would place Sonthi firmly in charge of Thailand, allowing him to take a more aggressive approach to dealing with opposition elements. The replacement of Surayud thus could lead to a rapid increase in the scope and scale of government moves against the opposition, from arrests and freezing of assets to potential violence.
The reports of an imminent coup are unconfirmed, and this could be just another false alarm. Thai media has been conveying messages throughout the day telling people not to believe rumors of a coup -- a message that could have been directed just as squarely at Surayud, warning him to fall in line behind Sonthi or face a coup.
Regardless of whether Surayud is removed, it appears the military under Sonthi is preparing to increase its control over the policies and statements of the government, seal the rhetorical disconnect between the military and the interim government, and step up operations against opposition elements in the country. Even without the removal of Surayud, the stage is set at least for the return of a state of emergency.
June 13, 2007 15 37 GMT
Rumors of another coup in Thailand are again spreading through Bangkok, eliciting government denials and calls for calm. The most recent rumor began circulating the night of June 13, suggesting that a coup was mere hours away. Though such rumors have circulated several times in the past week, this latest one appears more urgent.
According to information from Bangkok, the military, under Thai army chief Gen. Sonthi Boonyaratglin, intends to remove interim Prime Minister Gen. Surayud Chulanont. Growing fractures between the prime minister and the military have been emerging. Though there are suggestions that Surayud's recent invitation to ousted Prime Minister Thaksin Shinawatra to return was the breaking point for the military, the level of contradictory statements from the two has been a source of friction for some time.
There are numerous bureaucrats the military could put in place to replace Surayud, and the military would likely say a constitutional referendum and the transition to civilian rule will remain on track (though inevitably there will be another delay). More directly, the transition would place Sonthi firmly in charge of Thailand, allowing him to take a more aggressive approach to dealing with opposition elements. The replacement of Surayud thus could lead to a rapid increase in the scope and scale of government moves against the opposition, from arrests and freezing of assets to potential violence.
The reports of an imminent coup are unconfirmed, and this could be just another false alarm. Thai media has been conveying messages throughout the day telling people not to believe rumors of a coup -- a message that could have been directed just as squarely at Surayud, warning him to fall in line behind Sonthi or face a coup.
Regardless of whether Surayud is removed, it appears the military under Sonthi is preparing to increase its control over the policies and statements of the government, seal the rhetorical disconnect between the military and the interim government, and step up operations against opposition elements in the country. Even without the removal of Surayud, the stage is set at least for the return of a state of emergency.
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lockwood74
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political instability
Another interesting article regarding todays financial movement:
POLITICAL WOES
SET falls 2.26% on rumours
Talk of more protests, curfew
Thai shares yesterday plummeted 2.26 per cent, taking them back to the level prior to the stock rally after the Constitution Tribunal ruled to disband the Thai Rak Thai Party late last month.
The fall was triggered by rumours spread widely among trading rooms about pro-Thaksin protests and the declaration of a curfew.
Sluggish regional markets, which followed a slump on Wall Street as traders remained jittery over the prospect of higher US interest rates, also dampened the local market.
The SET Index started with a tumble, before falling sharply late in the afternoon on rumours that the Democratic Alliance Against Dictatorship will move protesters to the home of Privy Council chairman General Prem Tinsulanonda, and that the government may declare a curfew to limit the movement of pro-Thaksin Shinawatra protesters.
The stock market closed at the day's trough of 726.60. Turnover was moderate at Bt16.21 billion. Foreign investors were net sellers to the tune of Bt343.47 million. The SET has slumped 5.7 per cent since the peak on June 4.
Large-cap stocks were at the centre of the steep loss. PTT plunged 3.88 per cent, PTT Exploration and Production was off 2.86 per cent, Thai Oil fell 2.92 per cent, Siam Commercial Bank lost 2.9 per cent and Advanced Info Service fell 4.65 per cent.
"The stock market in the afternoon was badly hit by nervousness over the political situation, coupled with rumours that pro-Thaksin protesters will move from Sanam Luang and the government would declare a curfew," Far East Securities strategist Veerachai Krongsamsi said.
He said the market would head further south today.
Ayudhya Securities senior vice president Kitti Hamnilrat said the SET's sharp slump was in line with his expectations.
The steep fall could mainly be ascribed to the mounting political tension after the lawyer for Thaksin said the ousted prime minister might return to Thailand to fight allegations of corruption. A freeze has been placed on the bank accounts of Thaksin and his wife over the charges.
"The stock market could have some mild rebounds. Political issues are casting a dark cloud over the market and investor confidence is subsiding," Kitti said.
He added that it was possible to see the SET Index back down at the psychological 700-point level, depending on the degree of political tension in the country.
Oranan Paweewun
The Nation
POLITICAL WOES
SET falls 2.26% on rumours
Talk of more protests, curfew
Thai shares yesterday plummeted 2.26 per cent, taking them back to the level prior to the stock rally after the Constitution Tribunal ruled to disband the Thai Rak Thai Party late last month.
The fall was triggered by rumours spread widely among trading rooms about pro-Thaksin protests and the declaration of a curfew.
Sluggish regional markets, which followed a slump on Wall Street as traders remained jittery over the prospect of higher US interest rates, also dampened the local market.
The SET Index started with a tumble, before falling sharply late in the afternoon on rumours that the Democratic Alliance Against Dictatorship will move protesters to the home of Privy Council chairman General Prem Tinsulanonda, and that the government may declare a curfew to limit the movement of pro-Thaksin Shinawatra protesters.
The stock market closed at the day's trough of 726.60. Turnover was moderate at Bt16.21 billion. Foreign investors were net sellers to the tune of Bt343.47 million. The SET has slumped 5.7 per cent since the peak on June 4.
Large-cap stocks were at the centre of the steep loss. PTT plunged 3.88 per cent, PTT Exploration and Production was off 2.86 per cent, Thai Oil fell 2.92 per cent, Siam Commercial Bank lost 2.9 per cent and Advanced Info Service fell 4.65 per cent.
"The stock market in the afternoon was badly hit by nervousness over the political situation, coupled with rumours that pro-Thaksin protesters will move from Sanam Luang and the government would declare a curfew," Far East Securities strategist Veerachai Krongsamsi said.
He said the market would head further south today.
Ayudhya Securities senior vice president Kitti Hamnilrat said the SET's sharp slump was in line with his expectations.
The steep fall could mainly be ascribed to the mounting political tension after the lawyer for Thaksin said the ousted prime minister might return to Thailand to fight allegations of corruption. A freeze has been placed on the bank accounts of Thaksin and his wife over the charges.
"The stock market could have some mild rebounds. Political issues are casting a dark cloud over the market and investor confidence is subsiding," Kitti said.
He added that it was possible to see the SET Index back down at the psychological 700-point level, depending on the degree of political tension in the country.
Oranan Paweewun
The Nation
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lockwood74
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Coup Rumors
City still calm after coup rumours
All remained quiet at the Army headquarters close to midnight on Wednesday, and the Council for National Security tried to quash intense rumours sweeping the capital that either another coup was imminent or a drastic plan was underway to deal with proThaksin protesters.
Reporters swarming the Army headquarters started withdrawing around midnight. Army sources denied the coup rumours which peaked late in the evening.
The rumours were apparently propelled by related events earlier in the day. Late in the afternoon, rumours had it that the military council was planning to declare a curfew to force an end to street protests by proThaksin mobs.
After a meeting between CNS chairman Gen Sonthi Boonyaratglin and top security officials, CNS spokesman Col Sansern Kaewkamnerd came out to deny that the junta was planning to enforce a curfew.
"Rumours about the curfew was absolutely groundless," he said.
More rumours then emerged that the proThaksin protesters were planning to move their rally to the Army headquarters to challenge the CNS.
One of the protest leaders, Chatuporn Prompan, denied the rumours and said that they were apparently spread to pave the way for the military council to take drastic action against the protesters.
The Nation
All remained quiet at the Army headquarters close to midnight on Wednesday, and the Council for National Security tried to quash intense rumours sweeping the capital that either another coup was imminent or a drastic plan was underway to deal with proThaksin protesters.
Reporters swarming the Army headquarters started withdrawing around midnight. Army sources denied the coup rumours which peaked late in the evening.
The rumours were apparently propelled by related events earlier in the day. Late in the afternoon, rumours had it that the military council was planning to declare a curfew to force an end to street protests by proThaksin mobs.
After a meeting between CNS chairman Gen Sonthi Boonyaratglin and top security officials, CNS spokesman Col Sansern Kaewkamnerd came out to deny that the junta was planning to enforce a curfew.
"Rumours about the curfew was absolutely groundless," he said.
More rumours then emerged that the proThaksin protesters were planning to move their rally to the Army headquarters to challenge the CNS.
One of the protest leaders, Chatuporn Prompan, denied the rumours and said that they were apparently spread to pave the way for the military council to take drastic action against the protesters.
The Nation
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lockwood74
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Coup Rumors
Home > Breakingnews > Govt pleas public not to believe coup rumours
Govt pleas public not to believe coup rumours
The government issued a plea to the public not to believe rumours about another coup.
The plea was made through streaming text superimposed on TV programmes of some TV stations, causing alarms to businessmen and the diplomats.
Some diplomats called newspapers' newsrooms to inquire about the rumours.
The anti-coup protesters alleged that the military would stage another coup to remain in power.
The Nation
Govt pleas public not to believe coup rumours
The government issued a plea to the public not to believe rumours about another coup.
The plea was made through streaming text superimposed on TV programmes of some TV stations, causing alarms to businessmen and the diplomats.
Some diplomats called newspapers' newsrooms to inquire about the rumours.
The anti-coup protesters alleged that the military would stage another coup to remain in power.
The Nation
City still calm after coup rumours
All remained quiet at the Army headquarters close to midnight on Wednesday, and the Council for National Security tried to quash intense rumours sweeping the capital that either another coup was imminent or a drastic plan was underway to deal with pro Thaksin protesters.
Reporters swarming the Army headquarters started withdrawing around midnight. Army sources denied the coup rumours which peaked late in the evening.
The rumours were apparently propelled by related events earlier in the day. Late in the afternoon, rumours had it that the military council was planning to declare a curfew to force an end to street protests by pro Thaksin mobs.
After a meeting between CNS chairman Gen Sonthi Boonyaratglin and top security officials, CNS spokesman Col Sansern Kaewkamnerd came out to deny that the junta was planning to enforce a curfew.
"Rumours about the curfew was absolutely groundless," he said.
More rumours then emerged that the proThaksin protesters were planning to move their rally to the Army headquarters to challenge the CNS.
One of the protest leaders, Chatuporn Prompan, denied the rumours and said that they were apparently spread to pave the way for the military council to take drastic action against the protesters.
Source: The Nation
All remained quiet at the Army headquarters close to midnight on Wednesday, and the Council for National Security tried to quash intense rumours sweeping the capital that either another coup was imminent or a drastic plan was underway to deal with pro Thaksin protesters.
Reporters swarming the Army headquarters started withdrawing around midnight. Army sources denied the coup rumours which peaked late in the evening.
The rumours were apparently propelled by related events earlier in the day. Late in the afternoon, rumours had it that the military council was planning to declare a curfew to force an end to street protests by pro Thaksin mobs.
After a meeting between CNS chairman Gen Sonthi Boonyaratglin and top security officials, CNS spokesman Col Sansern Kaewkamnerd came out to deny that the junta was planning to enforce a curfew.
"Rumours about the curfew was absolutely groundless," he said.
More rumours then emerged that the proThaksin protesters were planning to move their rally to the Army headquarters to challenge the CNS.
One of the protest leaders, Chatuporn Prompan, denied the rumours and said that they were apparently spread to pave the way for the military council to take drastic action against the protesters.
Source: The Nation
Who is the happier man, he who has braved the storm of life and lived or he who has stayed securely on shore and merely existed? - Hunter S Thompson
Govt is ready to issue state of emergency if situation gets out of control
Prime Minister Surayud Chulanont said his government will issue state of emergency in case the situation at Sanam Luang rally on Saturday is out of control.
"I am ready to declare state of emergency if we could not control the situation," he said.
He was speaking after chairing an urgent meeting of security authorities to prepare for the pro-Thaksin rally at Sanam Luang on Saturday.
Attending the meeting included Council of National Security's chief Gen Sonthi Bunyaratglin, National police chief Pol Gen Seripisut Temiyavej.
Many worried about the escalation of situation now that exiled prime minister Thaksin Shinawatra is scheduled to give a televised address from London to the demonstrators.
Surayud told reporters that there would definitely no blocking of air signals of Thaksin because Thaksin has rights to do so as long as his speech was not considered instigating violence.
"We will do anything according to the laws as well as freedom of expression. We wish that other people would abide by the same principles," he said.
He insisted that the security authorities overseeing the situation will not be armed.
Source: The Nation
Prime Minister Surayud Chulanont said his government will issue state of emergency in case the situation at Sanam Luang rally on Saturday is out of control.
"I am ready to declare state of emergency if we could not control the situation," he said.
He was speaking after chairing an urgent meeting of security authorities to prepare for the pro-Thaksin rally at Sanam Luang on Saturday.
Attending the meeting included Council of National Security's chief Gen Sonthi Bunyaratglin, National police chief Pol Gen Seripisut Temiyavej.
Many worried about the escalation of situation now that exiled prime minister Thaksin Shinawatra is scheduled to give a televised address from London to the demonstrators.
Surayud told reporters that there would definitely no blocking of air signals of Thaksin because Thaksin has rights to do so as long as his speech was not considered instigating violence.
"We will do anything according to the laws as well as freedom of expression. We wish that other people would abide by the same principles," he said.
He insisted that the security authorities overseeing the situation will not be armed.
Source: The Nation
Who is the happier man, he who has braved the storm of life and lived or he who has stayed securely on shore and merely existed? - Hunter S Thompson