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RESIGNED. Thaksin Shinawatra, 57, ousted Prime Minister of Thailand; as leader of Thai Rak Thai, the political party he founded in 1998; in London. Thai Rak Thai, once the country's dominant political force, has been hit by the resignation of dozens of party leaders since the Sept. 20 coup. In a handwritten letter faxed to party headquarters, Thaksin took responsibility for allowing the coup to happen and apologized for stepping down, saying, "I want to stress that it is necessary...

Author: /time Magazine | Title: Milestones | 10/9/2006 | See Source »

With a new caretaker prime minister in place and elections promised for next year, the leaders of Thailand's Sept. 19 coup spent last week reassuring the world that the country was returning to some semblance of normalcy. But will the economy do the same? Interim Prime Minister Surayud Chulanont, a former general installed by the junta on Oct. 1, began his tenure by publicly committing himself to the "people's happiness." But Surayud's definition of happiness, which emphasizes "self-sufficient" economic practices over GDP growth, and consumption of local goods over foreign products, worries some economists and investors...

Author: /time Magazine | Title: Gross National Happiness | 10/9/2006 | See Source »

...Even before the bloodless coup that overthrew Prime Minister Thaksin Shinawatra last month, Thailand's growth was decelerating, in part because of rising oil prices and months of political gridlock. But the new regime will not necessarily make things worse. "The coup creates near-term uncertainty, no question," says emerging-markets expert Marc Faber, publisher of The Gloom, Boom & Doom Report. "Having said that, I don't think this will have a huge impact on the financial and manufacturing sector." In a reassuring move, the new administration tapped central-bank governor Pridiyathorn Devakula, a respected technocrat who helped extricate Thailand...

Author: /time Magazine | Title: Gross National Happiness | 10/9/2006 | See Source »

...Seattle, Washington - 40% named aids, tuberculosis and malaria as the three greatest childhood killers. In reality, the top three are pneumonia, diarrhea and malaria. "This problem isn't getting the attention it deserves," says Wandee Varavithya, a doctor who has treated diarrheal diseases for nearly 40 years in Thailand. That needs to change. Most cases of diarrhea can be traced to food or water tainted by 100 or so intestinal bugs, most commonly rotavirus, E. coli, shigella, campylobacter and salmonella. Thumb sucking doesn't help; it can lead to what doctors call fecal-oral contamination. "Toddlers will always pick...

Author: /time Magazine | Title: A Simple Solution | 10/8/2006 | See Source »

...rotavirus vaccine. Rotavirus is the leading cause of diarrhea in Thai children today. In the 40 years since Wandee began championing oral rehydration at the Ramathibodi Hospital in Bangkok, deaths from diarrhea have dropped to 1 in 10,000 diarrhea patients from 1 in 1,000, she says. Thailand has followed a cost-effective approach by organizing education and training workshops on oral rehydration for pediatricians, hospital staff, pharmacists and - most importantly - health workers and volunteers in tiny, remote villages. The country has also developed a system to track outbreaks so that doctors and scientists can work to prevent repeats...

Author: /time Magazine | Title: A Simple Solution | 10/8/2006 | See Source »

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