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...rest of the Panamanian market, the Trump Ocean Club is partially financed by a $230 million bond offering from Bear Sterns. That bond is now being handled by JP Morgan following the collapse of Bear Sterns in the 2008 global financial crisis. "Without Trump, we would have lost our shirt," Khafif admits. Since then, more than 2,000 construction workers add a new floor each week, silencing many of the earlier skeptics who claimed the project would never get off the ground...

Author: /time Magazine | Title: Donald Trump Goes on an Adventure in Panama | 3/20/2010 | See Source »

...Images of King Bhumibol at Red Shirt rallies are almost completely absent. Instead, red shirt leaders keep a statue of King Taksin at their rallies, some Red Shirt guards dress in the style of King Taksin's soldiers, and banners spell the ousted prime minister's name in the manner of the 18th century king. It's a revelation in a land where near-universal reverence for King Bhumibol has long been assumed. But Thaksin may feel his time is coming, as the king is 82 and ill health. And just about any Thai will tell you that astrologers have...

Author: /time Magazine | Title: In Thailand, A Little Black Magic Is Politics as Usual | 3/20/2010 | See Source »

...year-old son was demanding to wear his T-shirt from our vacation on Bali. Getting him to focus on anything in the mornings, let alone sartorial choices, can be an ordeal. So Bali it was. It was only after we walked outside into the tropical heat of Thailand's capital, Bangkok, that we realized just how monumental a mistake we had made. Thais in the parking lot stared. The whispering began. Could it be that a blond American toddler had knowingly dressed himself in a red shirt...

Author: /time Magazine | Title: Parsing the Color Codes of Thailand | 3/18/2010 | See Source »

...born on a Monday, but he was born in Massachusetts, which is half a day behind Thailand's time zone. Technically, he was born on Tuesday, Bangkok time, which means he should be honored by the color pink. In late 2007, King Bhumibol wore a carnation-pink blazer and shirt following a hospital stay, apparently because an astrologer had judged the shade as auspicious for his health. The monarch's fashion statement galvanized a run on all things pink, with tens of thousands of shirts selling in a matter of days. Last September, the 82-year old King, the world...

Author: /time Magazine | Title: Parsing the Color Codes of Thailand | 3/18/2010 | See Source »

...Whatever bodily fluids may be involved, the Red Shirts insist that their message continues to be one of peaceful resistance. The movement's leaders have denied any involvement, however, in a grenade attack on an army base in Bangkok on Monday that wounded two soldiers. "We categorically deny any involvement and we hope the police catch the perpetrators,'' said Red Shirt spokesman Sean Boonpracong. Police have arrested two suspects for the attack. Protest organizers had planned to spread the blood at Government House in the evening, but then announced it would take place later in the afternoon as the donations...

Author: /time Magazine | Title: Thai Red Shirts Prepare for Bloody Protest | 3/16/2010 | See Source »

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