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...claimed responsibility-capped off a remarkably turbulent year for Thailand. In September, its democratically elected Prime Minister Thaksin Shinawatra was ousted by a military junta. Then, on Dec. 19, Thailand's stock exchange suffered its worst-ever one-day drop after the nation's monetary czars instituted ill-considered capital controls to ward off currency speculators. Meanwhile, an insurgent movement in the largely Muslim south has ratcheted up its violent campaign, with near daily attacks in Thailand's three southernmost provinces. "[2006] was the year of the greatest social and political divisions in a generation," says Bangkok-based author...

Author: /time Magazine | Title: The Trouble with Thailand | 1/4/2007 | See Source »

...foreign forces. With unprecedented capital inflows pouring into Thailand, the baht hit a nine-year high in December, making the country's exports more expensive abroad. Meanwhile, other export-reliant nations like China have kept their currencies' appreciation to a minimum, prompting the Bank of Thailand to unveil its ill-fated capital controls. "I've told the International Monetary Fund that they really need to consider restructuring the world financial system because of these imbalances that are hurting small, open economies," says Bank of Thailand governor Tarisa Watanagase. "We need a new world financial order...

Author: /time Magazine | Title: The Trouble with Thailand | 1/4/2007 | See Source »

...family and am very proud of how they are raising their children. Same-sex couples raising children are not conducting, as Dobson put it, a "social experiment" but are simply living their lives. Why should these couples be denied the right to parent? JUDITH A. PFEIFER Evanston, Ill...

Author: /time Magazine | Title: Letters: Jan. 15, 2007 | 1/4/2007 | See Source »

...actual strategic change on the ground, it is unlikely that the brigade will be doing what it was trained for in Iraq. The paratroopers will be instead tasked to the dirty and dangerous business of running convoys along booby-trapped roads. With those marching orders, winning is an ill-defined and barely anticipated outcome. Just more war. And more's the pity...

Author: /time Magazine | Title: America's Lost 3,000 | 12/30/2006 | See Source »

...Simpson's ill-fated homicidal fantasy If I Did It may yet see the light of day. One of the major publishing fiascos of 2006, the volume was abruptly pulled by Rupert Murdoch's News Corp. right before it was due to land on store shelves in late November, the victim of widespread public outrage. But the title itself, like a bad penny, may resurface, perhaps before...

Author: /time Magazine | Title: O.J.'s Book: Back by Next Christmas? | 12/28/2006 | See Source »

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