Word: thailand
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...about how the Asian financial crisis of 1997-98 damaged America's image overseas. He writes, for example, about how disillusioned Thais were when the U.S. did not bail them out after it had bailed out Mexico during a similar currency crisis in 1994. The reason the U.S. spurned Thailand may seem obvious to a lot of Americans?"you're not on our border," one U.S. Treasury Department official supposedly told the Thais. But for a country that had followed the global financial rules as dictated by Washington?opening itself up to large capital flows from abroad, only...
...CLOSED. THAM KRABOK CAMP, home to ethnic Hmong refugees from neighboring Laos since 1992; following an agreement by the U.S. to accept most of its remaining 5,000 residents under a refugee resettlement deal; in Tham Krabok, Thailand. Located 130 km north of Bangkok on the grounds of a Buddhist temple, the camp once housed as many as 20,000 people. Its closure marks the end of a nearly three-decade-long project to resettle more than 300,000 Hmong, who were enlisted by the U.S. to fight communists in Laos and were consequently persecuted by the ruling regime...
...Administration feels some heat needs to be put on China to ward off protectionist measures in Congress. Indeed, Alan Greenspan pointed out last week that revaluing the yuan won't help the trade imbalance because U.S.-made products will still cost more than those from China, Thailand and Malaysia. "We will be importing the same goods," he said. China responded to the pressure late last week by announcing it will hike its export taxes-- in many cases by 400%--on 74 textile categories. --By Adam Zagorin. With reporting by Elaine Shannon
...Nations (ASEAN) next year, its neighbors are trying to persuade the country's military dictators to "voluntarily" give up their turn, so as to avoid the embarrassing prospect of the U.S. and E.U. boycotting the forum's meetings. On that, at least, Rangoon appears to be listening: Sihasak Phuangketkeow, Thailand's Foreign Ministry spokesman, told TIME the generals had agreed to "bear in mind the larger interests of ASEAN." But that's unlikely to include the interests of Burma's people...
...revelation that the militants were seeking to pick up arms left behind by Jemaah Islamiah is "consistent with what we know from depositions of arrested J.I. members," says Sidney Jones of the International Crisis Group, who has studied the network intensively. "They were running arms out of southern Thailand, through Malaysia and into Indonesia in 2000 in cooperation with the Thai [insurgents]." But Jones cautions that these past links don't necessarily mean that J.I. is forging new bonds with the Thai separatists. "It's possible, of course," she says, "but we need more information before we can make...