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...Thailand In the north, more than 100 ducks were found dead from H5N1 on Jan. 10; further south, the disease killed several wild birds in December. A major poultry exporter, Thailand is a hot zone for the virus; 17 Thais have died from it since...

Author: /time Magazine | Title: Bird Flu Takes Flight | 1/18/2007 | See Source »

...Certainly, there's less nervousness in financial markets today about the risks of instability in one country spreading elsewhere, as the example of Thailand suggests. The country became the epicenter of the 1997 Asian financial crisis when its currency plunged and set off a chain reaction that hurt emerging markets from Russia to Vietnam. Nearly a decade later, Thailand last month risked triggering a similar meltdown when the country's central bank imposed capital controls in an attempt to curb a big appreciation of the national currency, the baht. Coming just three months after a military junta seized power...

Author: /time Magazine | Title: A Precarious Balance | 1/18/2007 | See Source »

...EUROPE'S OVERDUE REVIVAL Thailand's latest crisis was partly the result of a 16% increase in the value of the baht against the dollar during the first 11 months of 2006. But the euro and the pound sterling have also strengthened, with the E.U. currency rising by about 10% in the past year alone. A stronger currency makes European exports more expensive for foreign buyers. But that didn't prevent Germany from notching up a $200 billion trade surplus in the first 11 months of last year, the largest since the fall of the Berlin Wall. The good news...

Author: /time Magazine | Title: A Precarious Balance | 1/18/2007 | See Source »

...areas at Knai Bang Chatt are appointed with a mix of Art Deco ornaments and furniture and Khmer bronzes sourced by Vervoordt in his other life as an antiques dealer. But his best pieces are probably the comfy double canopy beds, placed on prime sand facing the Gulf of Thailand. As an antidote to the crowds and touts of Angkor Wat, you could ask for nothing finer...

Author: /time Magazine | Title: Chatt Rooms | 1/18/2007 | See Source »

...Thailand prides itself on its way with Westerners. After all, the kingdom survived the Age of Empire as the only country in Southeast Asia to avoid colonization. Success in deterring the foreign barbarians came from deftly playing the Western powers off against one another, and throwing open doors to European traders. Siam, at it was known then, didn't so much repel the Western invaders as charm them into submission with armfuls of exotic bounty and respites from their malarial colonial outposts...

Author: /time Magazine | Title: Land of Fading Smiles | 1/18/2007 | See Source »

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