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...Hasung, dean of Korea University's business school, "reignited anti-foreign-investor sentiment." The sale of a controlling interest in Shin Corp., owner of Thailand's leading telecommunications company, to Temasek Holdings of Singapore has been one of the catalysts for the Bangkok demonstrations against Thai Prime Minister Thaksin Shinawatra, whose family controlled Shin Corp. In France, an effort by the Italian gas company Enel to acquire Groupe Suez appears to have been thwarted by a hastily arranged, government-sponsored marriage between Suez and Gaz de France. The very idea that a state-owned company from Dubai might take over...

Author: /time Magazine | Title: A Backlash Against Globalization? | 3/20/2006 | See Source »

Thailand's Prime Minister, Thaksin Shinawatra, once appeared unassailable. Just over a year ago, his Thai Rak Thai political party was re-elected in a landslide victory that gave it 375 out of 500 parliamentary seats. Many Thais love Thaksin for his decisive, can-do style, his toughness on crime and his open-handed policies to boost the economy. But in recent weeks a chorus of critics has put the Prime Minister on the defensive, questioning with mounting intensity whether he's good for Thailand. To reaffirm his popularity, Thaksin has called a snap general election for April...

Author: /time Magazine | Title: Should Thaksin Stay? | 3/13/2006 | See Source »

...sake of our country, please send candidates to this election." THAKSIN SHINAWATRA, embattled Thai Prime Minister, asking for all political parties to take part in national elections called for April 2. Thaksin's opponents have threatened to boycott the vote...

Author: /time Magazine | Title: Verbatim | 3/5/2006 | See Source »

DISSOLVED. THAILAND'S PARLIAMENT, by King Bhumibol Adulyadej, at the request of Thai Prime Minister Thaksin Shinawatra; in order to call new elections; in Bangkok. While Thaksin's opponents have railed against his family's tax-free $1.9 billion windfall from the sale of Shin Corp., the telecom giant he founded, the Prime Minister still enjoys strong support among rural Thais. Elections for a new House of Representatives will take place on April...

Author: /time Magazine | Title: Milestones | 2/26/2006 | See Source »

...that Thaksin's critics say has been exacerbated by his administration's heavy-handed military response to unrest, which won international notoriety when 78 people died in police custody after being arrested in Oct. 2004. Opponents condemn Thaksin's placement of relatives in key positions-his cousin, General Chaisit Shinawatra, was first made army chief and then the military's supreme commander, and his brother-in-law Priawpan Damapong serves as deputy chief of the national police. And long-running allegations of corruption in a contract to supply baggage scanners at Bangkok's new airport continue to haunt the government...

Author: /time Magazine | Title: Taking Heat | 2/12/2006 | See Source »

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