Word: shinawatra
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ELECTED. APIRAK KOSAYODHIN, 43, a member of Thailand's opposition Democrat Party; as governor of Bangkok. Apirak's victory is a blow to Prime Minister Thaksin Shinawatra's ruling party, whose favored candidate came in a distant second. Apirak, a former telecommunications executive, said his priority would be to tackle Bangkok's bad traffic and pollution...
...both feet," says Scott Fisher, managing director of the Innovation Group, "but with a big life raft attached." U.S. casino executives are trying to sweet-talk other governments too. Although Thailand and Singapore have yet to legalize gambling, MGM Mirage's Lanni has met with Thai Prime Minister Thaksin Shinawatra to discuss a potential development, and the Sands' Weidner in May offered Singapore $2 billion to put a casino resort on its Sentosa island. Won't this global expansion of gaming hurt the chances of attracting foreign visitors to Vegas? Not at all, say industry optimists who see satellite...
...closer to owning part of English Premier League football team Liverpool last week, with an agreement to buy 30% of the club for $106 million now looking "more than 90%" likely, according to a Thai negotiator. Stalwarts may grumble about the incursion of foreigners (like Thai Prime Minister Thaksin Shinawatra, right), but the Liverpool deal would be just the latest indication of how valuable Asia has become to the finances of football...
...irresistible force. In India, the prosperity that has accrued to those who are part of the global economy was not enough to secure a victory for the political party that had boasted of India's shining high-technology sector. In Liverpool, an attempt by Thailand's Prime Minister Thaksin Shinawatra to purchase 30% of the club was-according to a poll in a local newspaper-opposed by 87% of the Reds' fans, who instead wanted the club's board to accept a rival offer from Steve Morgan, a local boy made good. (As TIME went to press, the bidding...
Despite security warnings from his intelligence service and the fearful concerns of his wife and three children, Thai Prime Minister Thaksin Shinawatra flew to southern Thailand last week to deal with the aftermath of the April 28 bloodbath in which security forces killed 108 alleged Islamic militants. Hundreds of people turned up in the village of Wat Muang in Yala province, home to 17 of the Muslims who died that day, to see the tycoon turned politician console grieving relatives, hand out small amounts of cash, rice and washing detergent, and promise school scholarships to the children of those...