Word: thais
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...dramatic reversal in the (literal) fortunes of Manchester City came when Abu Dhabi United Group (ADUG) - a holding company backed by the tiny Gulf emirate's royal family - reached a $380 million deal to buy the team from former Thai Prime Minister Thaksin Shinawatra. Exiled in London, Shinawatra - the subject of an arrest warrant in his home country after failing to appear in court last month on corruption charges - had paid just $148 million when he bought the club just over a year...
...being nothing more than a proxy for former Prime Minister Thaksin Shinawatra, who was ousted in a bloodless army coup in 2006 and now faces corruption charges. (Earlier in August, Thaksin fled to England, claiming he will not receive a fair trial back home.) Meanwhile, on Aug. 27th, a Thai court issued arrest warrants for nine PAD leaders, charging them with insurrection, a crime that can carry the death penalty. The court orders followed a confrontational move by the group, who besieged a government-run television station. And yet, despite the high stakes, the Government House protests continue with...
...then, the PAD accused Thaksin of abuse of power and graft, even going so far as to imply that the billionaire tycoon showed disrespect to Thailand's monarch - an incendiary charge in a country where the King is deeply revered. Last December, after a period of military governance, the Thai electorate ushered in Samak, who initially campaigned as the heir to Thaksin's political legacy. (Thaksin's party was dissolved during army rule and he was also banned from politics.) This time around, the PAD's allegations are similar and its leaders are repeating claims that they are taking action...
...Despite the party atmosphere and Samak's assurances that security forces will not escalate the situation, there?s still a danger that the siege could turn violent. The Thai military has a dark record of targeting political agitators, most recently in 1992 when its forces massacred unarmed demonstrators in Bangkok. And the specter of another coup perennially hangs over a nation that has suffered multiple military takeovers over the past half-century. As evidence of the prevailing nervous mood, Thailand's benchmark stock index has plummeted nearly 25% since the PAD began its protest movement...
...afraid of these people.' SAMAK SUNDARAVEJ, Thai Prime Minister, on the estimated 30,000 protesters who denounced him as a tool of the former regime...